Following the themes of recent weeks the big winner in the Motor Transport tracker is Hargreaves Group – even if the performance of its transport group is slightly off target. On Thursday 28 February Hargreaves Group published its interim results for the six months ended 30 November 2012. Within its overall performance it noted that transport turnover increased by £300,000 from £39.7m to £40m. However underlying operating profit decreased by £100,000 from £2.2m to £2.1m. Hargreaves noted that its tanker […]
Wincanton has won a multi-million pound, five-year contract to set up and run a new DC in London for supermarket giant Morrisons. The deal will see Wincanton handle transport and warehousing for Morrisons from a 100,000sq-ft cross-dock facility to open in Feltham, west London early next year. The Feltham DC will be Morrisons’ first in London to be dedicated to serving its “M Local” convenience stores. It recently announced plans to open 20 new M Local stores across the UK […]
Wincanton has won a home delivery and distribution contract renewal with kitchen firm Magnet.
After revealing its positive outlook for the rest of the current financial year last week, Wincanton’s continually increasing share price has hit its highest point since the MT Tracker began in January. The company updated investors that it had performed well in the first quarter of its current financial year, despite slipping container volume.