The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]
Wincanton has extended its relationship with B&Q, in a deal that sees it handling inbound container logistics as well as planning deliveries across the DIY chain’s national network. The operator, which has managed B&Q’s horticulture distribution for several years, became its sole UK ports-to-distribution centre provider earlier this year. It will handle 15,000 containers a year for B&Q as a result, and by moving a quarter by rail, estimates a CO2 saving of 3,400 tonnes year. Wincanton has also since […]
Boughey Distribution’s profit took a hit after it ran out of warehousing space and was forced to outsource some of its storage operation last summer.