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 […]
John Mitchell (Grangemouth) has reported a significant rise in profit after cost-control measures and a focus on its warehousing arm.
Wincanton’s contract logistics business “is continuing to perform robustly”, it has said, while the company was hit by low volumes in its container business.
Advanced Supply Chain has won a five-year contract with bathroom product manufacturer Ultra Finishing Group.