Wincanton has reversed heavy losses and is “back on track” – despite a 9.6% fall in turnover – after a turbulent two years that saw it sell its loss-making European activities and exit a poor performing market in the UK. For the 12 months ending 31 March Wincanton posted a pre-tax profit of £24.8m, a dramatic turnaround from the £47.4m loss it made a year ago. This was despite a fall in turnover from £1.2bn to £1.08bn. It had expected […]
The promise of a solid first half in its financial year did little to improve investor confidence in Stobart Group – because investors were already ahead of the curve. On 17 April it was trading at a year low of 76.5pence per share. Today its at its year high of 109.5p – proving that investors have faith in the direction Andrew Tinkler is taking the company.
Woodland Logistics has renewed its contract with packaging manufacturer Cepac for a further five years. The two parties have worked together for seven years and the renewal will see Woodland Logistics manage distribution out of Cepac’s Rotherham, South Yorkshire-based warehouse. To augment the contract Woodland has taken delivery of 15 new Mercedes Actros units and 24 Lawrence David trailers. “The main aspect is the fleet is a lot more economical,” said Sean Kirby, managing director of Woodland Logistics. “Our trucks […]
DHL Tradeteam has revealed details of its three year contract with soft drink bottler and supplier Coca-Cola Hellenic, its first direct relationship with a soft drinks supplier.