Eddie Stobart Logistics (ESL) has hit back at Wincanton’s claims this week that it has withdrawn its interest in bidding for the company due to a lack of financial information, insisting it gave Wincanton “extensive due diligence commensurate with its status as a strategic competitor”. Wincanton withdrew its interest in bidding for ESL yesterday (25 November), citing concerns about ESL’s “financial performance and ongoing liquidity”. In a Stock Exchange announcement, Wincanton said it had not received “full disclosure of the information […]
Tesco is to close two of its distribution centres in the UK, bringing all warehouse operations carried out by DHL Supply Chain and Wincanton in-house, as part of a long-term plan to “simplify” its distribution operations.
Wincanton has said it is ready to tackle any changes in legislation or the economic climate Brexit might have on the industry.
Producing a 15.65m longer semi-trailer that complies with manoeuvrability rules is one thing; building one that is a genuinely practical, real-world proposition is a different matter. So says Professor David Cebon, professor of mechanical engineering at the University of Cambridge and director of Cambridge Vehicle Dynamics Consortium (CVDC), a collaboration between the university and industry.