A strong performance in its contract logistics division; the sale of its records management division; and Pullman Fleet Services walking away from two “onerous” loss-making contracts helped Wincanton improve its profit and reduce its net debt in its most recent financial year. For the year-ending 31 March Wincanton saw turnover rise 3.6% to £1.14bn, from £1.1bn in financial year 2015. However, if you exclude contributions from its record management business – which it sold to Restore in November 2015 for […]
Wincanton is now a “very different organisation” to what it was a few years ago, as the company increased turnover, more-than doubled pre-tax and continued to reduce its net debt in financial year 2013.
Sovereign Transport has won a contract to become the sole haulier for online bathroom retailer Victorian Plumbing.
Commercial vehicle rental firm Ryder has won a fleet replacement and maintenance contract with Safetykleen.