Wincanton has toasted its 18-year relationship with wine and spirits producer Pernod Ricard UK by signing a six-year contract extension. The renewed contract, awarded to Wincanton after a tender process, will see the operator continue to provide warehousing and logistics for Pernod Ricard and make deliveries to its UK customers. Wincanton last renewed the deal in 2013, when it added the handling of seven million cases a year out of a bonded warehouse in Corby to the existing deal. The […]
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.
Well you win some and you lose some. Trading in shares at UK Mail Group continues to be a profitable experience, but – despite a good performance in its transport division Hargreaves shares continue to splutter.
Wincanton says it is making good progress this financial year in its strategy to return to “sustainable profit growth”. An interim statement issued today (26 July), for the period commencing 1 April, reveals the logistics giant has traded in line with expectations and with a strong new business momentum. In particular, Wincanton has won an “important” new multi-channel contract with Kiddicare, secured a new deal with Rolls Royce, as well as scooped shared-user warehousing business with The Retail People and […]