Wincanton has put in place a turnaround plan for its Pullman Fleet Services business after the segment delivered an “underwhelming” performance in its most recent financial year. The company intends to put in place a new management team and a profit improvement strategy for the vehicle maintenance and repair business (pictured below), after performance in the segment continued to have an impact on the group’s financial performance. Rapid expansion in Pullman’s customers’ home delivery fleets “put pressure on the Pullman […]
Operators across the UK are expected to lower subcontractor rates in light of falling fuel prices, said the RHA, after it emerged Wincanton’s general haulage operation had reviewed subcontractor rates for this reason.
Hertfordshire-based Carters Haulage entered administration after expanding from one lorry to 40 in just three years to service a blue chip client and then losing the business months later.
The road freight sector put in a steady end of year performance in 2017, with sales, employment and wages up while the company failure rate fell.