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 […]
Bibby Distribution Services (Holdings) slipped into the red to the tune of almost £4m in the year to 31 December 2012, compared with a £4.5m operating profit the previous year.
Even if customs clearance is reinstated following Brexit, leaving the EU remains the best thing for the UK, according to Europa Worldwide Group MD Andrew Baxter.
Operators planning to extend their fleet replacement cycles in the wake of the coronavirus crisis could incur expensive service, maintenance and repair (SMR) costs, epyx warns.