Transport firms are riding the current Stock Market bubble. This week the FTSE 100 hit its highest level since October 2007 (6,755 on Monday to be precise). While none of the six operators in the MT Tracker basket of transport shares are anywhere near making the FTSE 100, or the FTSE 250 for that matter, the total value of the basket hit a record high today of 1,842. Back on 29 January, when MT.co.uk started monitoring this index the total […]
Mobile elevated-platform supplier Lavendon Group has outsourced its in-house delivery and collection operation to Wincanton.
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
Wincanton has extended its contract with retailer Wickes just six months after landing the deal in a move which will see the logistics firm deliver kitchen and bathroom products across Devon and Cornwall.