Eddie Stobart Logistics (ESL) has labelled the premature end of its Concrete Products Division contract with Aggregate Industries (AI) as “regrettable” in a letter to affected staff. Last month motortransport.co.uk revealed that Aggregate Industries had ended its partnership with the haulier just over two years into a five-year deal and appointed Wincanton in its place. ESL had been moving finished products from the Bradstone, Charcon and Masterblock product ranges for AI from 14 UK sites, having replaced previous incumbent XPO […]
The investor that successfully campaigned against DX Group’s former executive team last year has called for Wincanton to sell one of its two divisions after buying a 2% stake in the 3PL.
Wincanton-owned 4PL business Flatnet Construction is looking to recruit more hauliers having completed more than 32,000 loads in its first 21 months of trading.
The success story of the first half of the year, without doubt, is UK Mail. It simply, absolutely, will not stop, moving parcels with volumes up 25% in the first quarter year-on-year. If you had bought a share in the firm in January, it would have set you back 365p (giving the firm a market capitalisation of £199m). If you would buy one today it is 580p (giving UK Mail a market cap of £319m). That’s a share price rise […]