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 […]
The holding company for Eddie Stobart said revenues had increased by 2% for the year ending 30 November 2020, to £874.3m.
The volume of parcels being handled by UK Mail has surpassed its current operational capacity.
City Link narrowed its losses by 54% in 2012, but a reduction in volumes from higher margin B2B customers meant that its performance was behind the expectations of parent company Rentokil Initial.