Despite walking away from contracts and uncertain container volumes, Wincanton’s half year results recorded a 52% jump in pre-tax profit. Motortransport.co.uk talks to CEO Adrian Colman. The figures for the six months ended 30 September this year showed pre-tax profit of £19.6m, compared to £12.9m for the same period in 2015. Adrian Colman said the increase was the result of an improved, profitable performance from Pullman, its fleet services arm, and capital from the sale of its Records Management business. […]
Trade associations have welcomed the announcement that the Transport Committee has launched an investigation into skills and workforce planning in the road haulage industry.
Profit at Hargreaves Services’ transport division plummeted by more than£1m in the six months to November 2015, as the company was hammered by adverse conditions in the coal, steel, construction and waste markets and unseasonably warm winter weather.
Uncertainty over EU workers’ future employment rights is a “major concern” given that 10% of the UK’s driver workforce is from the EU, the FTA has warned.