Plenty more profit raking this week as transport shares took a tumble, but one faller stood out more than most: Wincanton – which has suffered a pretty dramatic fall in the past two months. This chart shows Wincanton’s share price every Tuesday since 29 January, when it touched a high of 70p. Now it is down in the doldrums at 45p. The worrying thing for Wincanton is that there appears to be no material reason for the fall. It […]
Wincanton has been awarded a new contract with retailer Halfords that will see it become the sole operator of its national transport contract.
Good old Stobart. You can always count on them doing something that will hit the headlines. What was somewhat overshadowed yesterday – when it was revealed that Avril Palmer-Baunack would be leaving the role that was created for her in January – is some welcome financial news.
The FTA met with the Treasury last Thursday (5 February) to discuss the real effect the plummeting cost of oil was having on the freight transport sector.