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 […]
DHL Supply Chain is downsizing its My Local operation after the convenience store chain was placed into administration this week.
LPG supplier AvantiGas has extended its partnership with Wincanton, extending its contract by five years in a £30m deal. Wincanton runs a 40-vehicle fleet, from seven sites across the UK for AvantiGas, distributing LPG to commercial and domestic consumers. Driver numbers ranging from 56 during peak winter months to between 30 and 40 during the summer. Chris Kingshott, MD, manufacturing, at Wincanton, says the redeployment of assets and drivers to other Wincanton contracts with seasonal demands ensures that AvantiGas distribution […]
Despite new business wins and growth in average storage volumes, turnover at Boughey Distribution remained flat last year.