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. Markedly though, are the noises that Stobart Group’s chief executive is making: “We are […]
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 […]
UK Mail has won a distribution contract with Shropshire-based bird food provider CJ WildBird Foods. The contract, which was effective from July, will see the parcel carrier collect from the wildlife feed retailer every day and deliver its products throughout the UK and Ireland. The retailer switched its distribution contract after reviewing the service it received from its previous carrier. Group commercial manager Linda Hanks said it chose UK Mail due to its quote on price and service and said […]
Wincanton is putting safety first in its latest fleet upgrade with the addition of 100 Mercedes-Benz Actros tractor units.