This year’s winner of the Haulier of the Year award was Wincanton, the UK’s largest logistics operator, which has seen a remarkable turnaround in performance after a difficult few years. Wincanton, the largest British logistics operator with more than 200 locations, 3,500 vehicles and 5,000 drivers, has seen a remarkable turnaround in its performance in recent years. After some badly timed overseas and UK investments ahead of the 2008 credit crunch, Wincanton struggled, with debts reaching £152m in 2011. Eric […]
Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration.
Wincanton has warned that a decline in customers’ volumes and a reduced demand for warehousing will “adversely affect” the business in the next 12 months. In a trading update issued today (Tuesday 3 April), the group says that while it has successfully retained and won new contracts across all sectors, market conditions in retail, FMCG and containers have been challenging. It adds that a number of its customers are seeing a decline in volumes, which is resulting in reduced demand […]
Wincanton has won a five year storage and distribution contract with children’s toy and furniture manufacturer Worlds Apart. Annually, the contract will see the firm deliver 20,000 orders to around 1,350 locations, including homes and retailers. Wincanton will also oversee the storage of the firms goods, storing approximately 3,300 pallets in its warehouses, a throughput of 18,000 a year. “As we strive forward with our ambitious growth plans and continue to launch new and exciting products onto the market, it […]