Wincanton revealed in a trading statement today that the plummeting cost of fuel has had “no material impact” on its bottom line, adding that the business continued to trade in line with expectations. In a statement for the period from 1 October 2014 to today (5 February), the logistics giant said that its contractual arrangements typically pass on fuel price risks to the end customer. “As fuel costs are mainly a flow through cost for Wincanton, the impact of the […]
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]
Wincanton has extended its warehousing contract with home furnishings firm Loaf for another five years as it moves to drive growth in the home, health and beauty sectors.
Wincanton is to install MiX telematics in 1,800 of its vehicles as part of an ongoing safety programme.