Argos is planning to close its Magna Park site in Lutterworth and transfer most of the site’s operations to a Wincanton DC in Kettering. The move will see up to 500 warehouse and distribution workers outsourced to Wincanton by December this year. The plans are part of a wider restructuring at Argos following its acquisition last year by Sainsbury’s. In June 96 drivers – the last of Argos’ in-house drivers – were transferred to Eddie Stobart, raising concerns it was part […]
Wincanton has clinched a major contract with BAE Systems to supply its Military Air and Information (MAI) 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.
Last week, Dart Group revealed a near to 13% pre-tax profit rise for its transport operation, Fowler Welch. Off the back of this, which saw profit climb from £3.9m to £4.4m for the year ended 31 March 2013 at Fowler Welch, its group share price has continued to move northwards, today leaping to £2.40, up from £2.14 last week.