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 […]
Tesco is to close two of its distribution centres in the UK, bringing all warehouse operations carried out by DHL Supply Chain and Wincanton in-house, as part of a long-term plan to “simplify” its distribution operations.
Wincanton revealed in a trading statement today that the plummeting cost of fuel has had “no material impact” on its bottom line, adding that the business continued to trade in line with expectations.
CollectPlus is to offer Amazon.co.uk customers a service that will see parcels delivered to one of its 5,000 stores across the UK. Customers using the online retailer can now opt for a CollectPlus ‘pick up location’ at the checkout, increasing options for delivery and convenience. CollectPlus CEO Mark Lewis says: “[We are] already integrated into Amazon.co.uk Marketplace, so sellers can choose us as their delivery service. The extension of our service means that more people will be able to use […]