Eight road transport and logistics businesses now have an annual turnover in excess of £1bn. They are: Royal Mail; DHL; XPO Logistics; FedEx Corporation (comprising FedEx and TNT); DPD Group UK; UPS; Wincanton and Menzies Distribution. The billionaires dominate the Motor Transport Top 100. Collectively they are responsible for 71% of all people employed by the Top 100 businesses in road transport, 63% of all turnover and 70% of all pre-tax profit generated. Kuehne + Nagel; Hermes; Eddie Stobart and […]
There is one share in transport that is having a little run at the moment. One that doesn’t do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p – that’s an 83% return on your investment. So why all the commotion?
TNT Post is to conduct a second end-to-end delivery trial from mid-April in west London, following the successful conclusion of a final-mile trial in Liverpool. The private postal operator has held long-term ambitions to roll-out a complete end-to-end service rivalling Royal Mail, but says it has been unable to achieve this goal due to the national incumbent’s exemption on final mile deliveries. Nick Wells, TNT Post chief executive, says: “TNT Post has built an excellent reputation for quality, innovation and […]