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 […]
After revealing its positive outlook for the rest of the current financial year last week, Wincanton’s continually increasing share price has hit its highest point since the MT Tracker began in January. The company updated investors that it had performed well in the first quarter of its current financial year, despite slipping container volume.
Royal Mail has warned that Ofcom’s decision to investigate changes to contract terms for Access customers will create “a period of uncertainty in the UK postal market”.
DHL has won a nationwide vehicle distribution contract with car dealership Vindis Group. The new contract will see DHL’s vehicle distribution arm Inside Track handle over 4,000 movements of new and demonstrator vehicles per year from Vindis’ site in Alconbury, Cambridgeshire, while the majority of the deliveries will take place in the East of England. DHL aims to reduce costs and improve consistency of service for the Volkswagen, Audi, Bentley and Skoda dealer, which previously used multiple logistics firms to […]