A very quiet week on the Stock Exchange for transport-related shares – ahead of City Link’s numbers tomorrow (15 March). All eyes will be on Rentokil’s parcels arm to see if it posts a full-year profit. But it hasn’t stopped a rather telling trend in the past week… Meanwhile, in keeping with the spirit of the FTSE hitting a five-year peak this week, our basket of transport shares continues to rise accordingly. At the end of January our basket of […]
Homeware supplier Loaf has awarded a new multichannel contract for nationwide storage and distribution services to Wincanton.
Smyths Toys Superstores has awarded Wincanton a one year distribution contract to handle the toy retailer’s nationwide deliveries. The contract will see Wincanton manage product distribution from the retailer’s warehouse in Newcastle-under-Lyme to its 39 stores across the UK. “When we began to look for a logistics partner we had a clear vision that we needed a provider with the scale and flexibility to meet our busy peak periods, such as the run-up to Christmas, to achieve maximum sales potential,” […]
As the UK inflation rate rose through the year to reach 3.1% in November, the highest in nearly six years, 2017 saw industrial unrest gather momentum in the logistics sector, as drivers demanded increased pay or bridled against company measures to cut costs.