Wincanton has signed a five-year contract extension with petroleum refiner Valero in a deal that will see it move more than two billion litres of fuel a year. The contract, which extended the already 20 year-old partnership between the two firms, also sees the operator take over the scheduling and planning of Valero deliveries, including taking and managing customer orders. Wincanton will run out of Valero’s network of UK terminals, providing routes for some 600 customer orders a day before […]
Are there signs of recovery? Well, if the MT basket of transport shares is anything to go by there has been a little bit of growth in the past month. But this doesn’t tell the full story for all of our big eight transport firms listed on the London Stock Exchange.
The chief executive of Wincanton does not expect a wave of consolidation in the UK road transport sector, arguing that recent high-profile acquisitions have been standalone deals rather than part of a trend.
Haulage bosses from six fuel distribution firms are due to resume talks with the Unite union this morning (10 April) following the Easter weekend. Conciliation service Acas is leading the discussions, which kicked off last Wednesday (4 April) and continued for two days, over tanker drivers’ training, safety and employment conditions. Acas chief conciliator Peter Harwood says of the talks so far: “The discussions have been constructive, with the parties positively engaged and committed to the process.” If talks fail, […]