Wincanton hasn’t had it all its own way of late. A resurgent Eddie Stobart wrestled a Cemex contract valued at £15m off it, and MT revealed earlier this month that Britvic had re-awarded its entire transport requirement to Eddie Stobart after the first year of a five-year deal with Wincanton. Gatemore Capital Management, which successfully campaigned against DX Group’s senior management team last year, acquired shares in Wincanton and began calling for a break-up of the group in April. But that’s […]
A reduction in car registrations and uncertainty over Brexit led to a pre-tax loss of £480,000 at bimodal car transporter STVA UK in 2018.
Latest figures show that Premier Logistics (UK) increased turnover by 2% to £10.2m as the haulier battled its way out of its Company Voluntary Arrangement (CVA).
FTA policy director Elizabeth de Jong has told motortransport.co.uk that the government needs more proof that some hauliers are close to collapse before it can offer sector-specific support.