Wincanton has delivered a “boringly predictable” set of results for the six months to 30 September 2013, with group turnover down 1.6% at £542.3m and operating profit up 2.1% to £24.2m compared with the same period last year. Wincanton’s Swiss chief executive Eric Born described Wincanton’s performance as “steady and stable”, a welcome change from the turmoil of 2011 when his appointment to replace Graeme McFaull saw a clear out of loss-making European businesses as the group plunged to a […]
The threat of a tanker driver strike could now be averted, as the Unite union and fuel distribution companies reach agreement over a new set of proposals. Unite has also been given an extended industrial action mandate of 21 May to allow it time to discuss the new proposals with its 1,200 tanker driver members. Peter Harwood, Acas chief conciliator, who has been heading up the negotiations, says: “Following a further two days of intensive discussions, a final set of […]
Share prices in the industry have not changed dramatically since last week. Most have seen a small increase in value, apart from Stobart, which saw its share value remain static.
Costs associated with the opening of a new cold store last October at Boroughbridge, Yorkshire-based food logistics specialist Reed Boardall Group had a significant effect on the firm’s pre-tax profit for the year, it has emerged.