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. At its AGM today shareholders were told that: “In the period since the year end, we have seen year-over-year growth in revenue primarily driven by organic growth in the retail and consumer sector. “The group has experienced weaker than expected performance in some of its transport-related contracts and activities and these have created some trading profit […]
Ceva Logistics has postponed its proposed float on the New York Stock Exchange (NYSE) as it looks to restructure its balance sheet and stem its shrinking profits.
The pay logistics firms award agency staff has been brought into sharp focus after the GMB launched a legal claim against four companies involved in the operation of Marks & Spencer’s DC in South Marston, Swindon.
Operators’ fears of a driver-shortage-fuelled capacity crisis this Christmas have been backed up by new research revealed today by the Recruitment & Employment Confederation (REC).