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 […]
Wincanton has secured a multi-million pound extension on its contract with B&Q, taking on management of an additional warehouse. The firm will manage B&Q’s one million ft² showroom fulfilment centre in Burton-on-Trent, which provides warehousing for the retailer’s bathroom, bedroom and kitchen range. Under this new agreement, it is estimated that Wincanton will handle nine million cases of merchandise per year. “We are delighted to be extending our long term relationship with B&Q, which further demonstrates our ability to support […]
The MT Tracker would like to pretend that it has delayed its posting by a day because it was waiting for Norbert Dentressangle to list on the NYSE Euronext stock exchange in London today (currently its market capitalisation stands at €615m – or £526.4m) but unfortunately it was the MT Awards yesterday and time just ran away…
Thirty Wincanton drivers claiming they are owed thousands of pounds in holiday pay are to launch a 72-hour strike at Argos’s national distribution centre five days before Christmas.