Wincanton sees little benefit from fuel price fall


 

Wincanton revealed in a trading statement today that the plummeting cost of fuel has had “no material impact” on its bottom line, adding that the business continued to trade in line with expectations. In a statement for the period from 1 October 2014 to today (5 February), the logistics giant said that its contractual arrangements typically pass on fuel price risks to the end customer. “As fuel costs are mainly a flow through cost for Wincanton, the impact of the […]