The chief executive of Wincanton does not expect a wave of consolidation in the UK road transport sector, arguing that recent high-profile acquisitions have been standalone deals rather than part of a trend. Colman told Motortransport.co.uk he thought M&A activity – such as XPO’s purchase of Norbert Dentressengle last year – were just strategic moves for individual businesses, rather than a trend for consolidating the UK market. He said: “There have been a number of transactions, but I don’t think […]
Marks & Spencer has called time on its Neasden, north London DC. However, the high street retailer has said it will open a 495,000ft² clothing and home DC in Welham Green, Hertfordshire, early next year.
Next month we should expect to see full financial year results from Fowler-Welch parent company Dart Group. The only hint of the performance at Dart’s logistics arm came on 19 April when it said: “The business remains well placed for profitable growth.” Even the date in July of its full-year results remain as enigmatic as that statement… but there are some clues.