Wincanton saw annual turnover fall in the year ended 31 March 2019 but profit increase, thanks to a strong performance in retail that offset contract losses elsewhere. Turnover was 2.6% lower for the period at £1.14bn (2018: £1.17bn). Pre-tax profit (normalised to strip out exceptional items such as previous restructuring) was up 6.3% to £49.3m (2018: £46.4m). Its statutory pre-tax profit for the period was 28.2% more at £48.6m (2018: £37.9m). Wincanton’s debt was down by more than a third […]
Bibby Distribution has appointed former Wincanton director of transport for the UK and Ireland, Nick Graham, as divisional director. Graham has over 25 years of experience in the logistics industry and is a member of the FTA’s National Council. CEO Iain Speak says: “Nick has a proven track record in leading efficient operations, managing acquisitions and supporting implementation programmes. This experience is invaluable, and Nick’s skillset and industry knowledge certainly compliment our business ambitions.” His responsibilities at Wincanton included maximising […]
Wincanton has slammed the government’s forthcoming Lorry Road User Charge (LRUC) for not doing enough to level the playing field between UK and foreign operators. In a blog on its website the largest UK-owned operator said that the widely reported charge of £10 per day for foreign lorries to run on British roads “ought to be four or five times that amount” to “have any real impact”. Later this month the government will publish draft legislation containing details about the […]
Norbert Dentressangle has won a contract with Spanish yacht furniture manufacturer Cándido Hermida, to transport product between Spain and the UK.