Kingfisher Group has awarded logistics contracts for B&Q to XPO Logistics and Wincanton following a strategic review of its supply chain. XPO, formerly Norbert Dentressangle, has entered what Kingfisher describes as a “long-term agreement” for the management of all B&Q UK and Ireland retail and horticulture transport operations. It sees XPO run a fleet of 220 trucks and 750 trailer making up to 3,200 retail and horticulture deliveries per week in peak season to over 300 B&Q stores. XPO already […]
Kitchen supplier Howdens Joinery has awarded a three-year contract to Wincanton, after ending its relationship with DHL Supply Chain earlier this year.
Transport firms are riding the current Stock Market bubble. This week the FTSE 100 hit its highest level since October 2007 (6,755 on Monday to be precise). While none of the six operators in the MT Tracker basket of transport shares are anywhere near making the FTSE 100, or the FTSE 250 for that matter, the total value of the basket hit a record high today of 1,842.