Wincanton has written to Eddie Stobart Logistics’ (ESL) employees on the Aggregate Industries’ Concrete Products Division contract ahead of the switch in contractor, Motortransport.co.uk can exclusively reveal. The letter, seen by Motortransport.co.uk, confirms the “recent decision by Aggregate Industries to award Wincanton the logistics contract for their concrete products division”. It adds that the move means those employed by ESL and dedicated to the Aggregate Industries contract will transfer to Wincanton under TUPE, as previously reported on this website. “It is anticipated that […]
After revealing its positive outlook for the rest of the current financial year last week, Wincanton’s continually increasing share price has hit its highest point since the MT Tracker began in January. The company updated investors that it had performed well in the first quarter of its current financial year, despite slipping container volume.
When Motortransport.co.uk spoke to Wincanton chief executive Eric Born last week he claimed there was little he could do about the share price of the company. Sadly, this week has proven that statement to be true.
Third-party logistics providers have this year won millions of pounds in business, taking on more work from existing customers as well as winning contracts from new clients. Motortransport.co.uk looks back at some of the highest value and longest contract wins of 2014.