Wincanton has been forced to make redundancies to offset falling profit in its Industrial and Transport division. In a trading update today (3 October), Wincanton said while it expects profit for the current financial year to meet expectations, it has set aside an exceptional charge of £7m to fund cost-saving initiatives, “primarily for the cost of redundancies in [its] Industry and Transport business”. The operator said it will spread the £7m charge over its financial year as the costs materialise. […]
Wincanton has toasted its 18-year relationship with wine and spirits producer Pernod Ricard UK by signing a six-year contract extension.
Wincanton has extended and expanded its relationship with oil refining and energy firm Phillips 66 in a deal that will see it deliver in excess of one billion litres of petroleum products a year to forecourts across the Midlands and North-East of England.
Halfords Group is renewing its entire long-haul fleet with 50 new Volvo FH tractor units.