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 […]
Deutsche Post DHL has reached an agreement to buy UK Mail, in a deal that values the delivery company at £242.7m.
UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions.
Wincanton has appointed a new chief executive after the decision by its current CEO Adrian Colman to retire.