Wincanton has told investors that its full year turnover will be lower than 2018’s, after the late start of a number of new contracts failed to offset its exit from several low margin deals. In a trading update Wincanton said: “The strong wins achieved in the second half were too late in the year to mitigate the impact from contracts lost at the end of the previous financial year and first half of this year. “However, the loss of the […]
Wincanton is to reach its 20 year milestone with H J Heinz, having renewed its long-standing contract with the food giant until at least 2019.
The collapse of British Steel stopped Prestons of Potto making a profit last year, but its owner said the Northallerton company was now back in the black.
The road freight sector put in a steady end of year performance in 2017, with sales, employment and wages up while the company failure rate fell.