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 […]
UK Mail’s share price continues to climb as does its turnover. The company said this week that it has seen year-on-year daily parcel volumes increase by 25% in the first quarter of this year, with Q1 turnover also up 6%.
Third-party logistics providers have this year won millions of pounds in business, taking on more work from existing customers as well as winning contracts from new clients. Motortransport.co.uk looks back at some of the highest value and longest contract wins of 2014.