Operators across the UK are expected to lower subcontractor rates in light of falling fuel prices, said the RHA, after it emerged Wincanton’s general haulage operation had reviewed subcontractor rates for this reason. A letter sent to the business’s subcontractors explained that it had “no mechanism for cost recovery during times of lower fuel prices”, while its customers did. This, the letter said, meant Wincanton had to pass cost cuts to customers to reflect the cheaper diesel, which it does […]
April 13, 2015 Ashleigh Wight
Wincanton chief executive Eric Born is to step down in July.
June 29, 2017 Christopher Walton
Wincanton has warned of “trading profit headwinds” that it experienced in April, May and June, but expects pre-tax profit to remain inline with expectations.