Wincanton will be back in the black this financial year as the group’s extensive restructuring and disposals programme bears fruit. Wincanton chief executive Eric Born tells MT: “When [we] started this programme we said it would take two years to arrest the decline. We are bang on track. It’s absolutely what I’m expecting.” A year of restructuring and disposals saw it sell its European operations to focus on the UK and Ireland, dispose of its 20% shareholding in Culina Logistics […]
The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector.
A “strong” pipeline of new business in its logistics division helped Clipper Group offset a serious decline in turnover at its CV dealerships in the year to the end of April 2013, the firm’s annual accounts reveal.
Motor Transport, in partnership with the BVRLA, is currently compiling its annual CV Informer research, a comprehensive report on the commercial vehicle rental, leasing and contract hire sector. Close to 200 companies involved in the rental and leasing of trucks, trailers and vans took part in last year’s research. This year we want to capture every single business in the sector. Every participant will receive a report of the full research results, with a key statistics section highlighting how their […]