The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector. In the past week Dart Group and NWF Group have been the biggest gainers: a 1.75p rise to 230.25 for Fowler Welch’s parent firm but a much more remarkable 12p […]
15) Eric Born, chief executive, Wincanton Eric Born was given the not inconsiderable task of turning Wincanton around, taking on a business that in 2011 plunged to a £26m full-year loss on turnover of £2.2bn. He has delivered.
Eddie Stobart Logistics has said that its revenue and profits are growing, and it is ahead of its targets, in its first year of trading under the majority ownership of private investors.
Boughey Distribution’s parent company NWF Group says trading for the year ended 31 May has been in line with expectations. However, its food division, which incorporates the activities of Boughey Distribution, has experienced a weaker second half, which NWF says reflects lower volumes stored in the business. Nevertheless, the division’s profit contribution is expected to be ahead of expectations when the full-year results are announced on 14 August. NWF’s fuel distribution business has suffered a “disappointing” year, which the group […]