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 […]
Stobart Group kicked Monday off with a bang, winning a 15-year biomass contract with Western Bioenergy. But investors seem to have shrugged their shoulders at the news, which refused to budget the share price from 123p. Maybe we could find a bit more success elsewhere, as it has been a busy week for the MT Tracker sextet.
Food logistics specialist Associated Cold Stores and Transport (ACS&T) took a pre-tax profit hit last year after a major customer terminated a contract with the company.
Wincanton has taken on two senior executives from DHL Supply Chain and a senior manager from Yodel to strengthen its business development team as part of a wider strategy to drive growth.