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 […]
Wincanton Logistics has strengthened its ties with Sainsbury’s following the award of a major warehousing and distribution deal with the supermarket giant. The three-year contract to handle the majority of business for Sainsbury’s Local convenience stores across London is a welcome boost for the South-west operator following the recent loss of a £100m contract with electrical retailer Comet. Sainsbury’s will be building a new distribution centre in Thameside, south east London to handle the work, which is due to start […]
Shares in road transport businesses continue to trade at record highs for the calendar year, despite a relatively quiet August and an oh-so-slight dip in the value of the MT basket of shares.
Palletways has introduced evening deliveries to its service offering, allowing it to deliver to customers for 12 hours every day.