Despite walking away from contracts and uncertain container volumes, Wincanton’s half year results recorded a 52% jump in pre-tax profit. Motortransport.co.uk talks to CEO Adrian Colman. The figures for the six months ended 30 September this year showed pre-tax profit of £19.6m, compared to £12.9m for the same period in 2015. Adrian Colman said the increase was the result of an improved, profitable performance from Pullman, its fleet services arm, and capital from the sale of its Records Management business. […]
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
ECO Stars has launched a new website to help operators understand the environmental and financial benefits they could gain from learning how to improve fleet efficiency and lower fuel usage.
Wincanton has been awarded a five year contract expansion with Morrisons, handling the logistics for its convenience stores in the North.