Wincanton has reported a strong set of financial results for the year to 31 March 2020, with revenue up 5% to £1.2bn and pre-tax profits up 7% to £52.9m, driven by a 26% rise in revenue from its retail grocery division which picked up a sizeable contract with Morrisons in June 2019 that has just been extended. Shares rose 10p to 195p on the announcement but are still well off the peak of over £3 in February before the Covid-19 […]
Wincanton has extended its contract with brick manufacturer Ibstock Brick by four years.
Over two thirds of logistics firms predict Brexit will harm their business, Logistics UK report reveals
Over two thirds of logistics firms are predicting that Brexit will have an adverse effect on their business whilst more than half are unhappy at the level of government support, a report from Logistics UK and accountancy firm CBW has revealed.
More than two-thirds of transport business owners now think they will have to make people redundant once the furloughing scheme has come to an end, according to a new poll.