Last week the MT Tracker took a break as it was judging the MT Awards – but what a difference a week makes. Rentokil finally sold City Link, to investment house Better Capital. This does make a big difference to the MT Tracker as Rentokil’s size, in comparison to every other listed transport firm, was distorting the results of the Tracker. Excluding Rentokil gives us a much truer picture of investor sentiment in the sector. You can read our initial […]
UK Mail Group is expecting a 13% increase in turnover for the first half of this year, as it moves into a “challenging” 2013. Excluding Royal Mail price hikes that came into force on 2 April, the group is expecting a 10% increase in turnover on last year’s figures, as revealed in its pre-close trading statement published today (9 October). The firm stated that its performance in the first half of this year, ended 30 September, was “satisfactory” and in […]
UK Mail’s share price continues to climb as does its turnover. The company said this week that it has seen year-on-year daily parcel volumes increase by 25% in the first quarter of this year, with Q1 turnover also up 6%.
Wincanton has won a six year warehousing and distribution contract with Basmati rice producer Tilda.