Tomorrow I will be speaking with Wincanton chief executive Eric Born as Britain’s second largest road transport operation (or is it?) reveals its latest annual accounts. The most important part is – can the company turn a profit and for much of the past 12 months it has promised “good progress” in its strategy to return to “sustainable profit growth”. Before then its been a week of scalping – shares in the transport tracker are either flat, or down, across […]
Last week the MT Tracker took a break – to compile the MT Top 100 – look out for it at the end of November. It’s no secret that our big six make the Top 100, but as for exactly where you’ll have to wait until 18 November. In the meantime, we welcome Royal Mail out of the clutches of the government and onto the Stock Exchange (and the MT Tracker) and we’ll take a look at its share price […]
The boss of Wincanton says the 3PL has seen signs of the market hardening around price, as an increasing number of clients realise that the cheapest deal is not always the best.