Losses at the company which operates the M6 toll road continued to mount last year as the volume of traffic using the route fell. For the year ending 31 December 2019, Midland Expressway (MEL) reported a £10.4m pre-tax loss, compared with an £8.2m loss in the previous year. Revenue also reduced by 1.7% to £89.5m in the period. MEL said traffic along the 27-mile road fell by 7.7% to 16.8m vehicles and reflected an annual average daily traffic of 45,976. […]
Motorway service area provider Moto has closed 70% of its M&S stores within its network due to the lack of demand caused by people taking fewer journeys as the COVID-19 lockdown continues.
Wincanton has won a five-year contract to operate an online fulfilment centre for Waitrose.com in Greenford, West London.
Wincanton has sold off its UK commercial vehicle repair and maintenance company, Pullman Fleet Services (PFS) to asset management firm Aurelius as it focuses on its more profitable core markets.