Great Bear Distribution increased profits by 7.5% last year to £9.5m and it anticipated its “controlled organic growth” will continue. Turnover for the distribution and storage company in the year ending 31 December 2019 also increased, by 5.4% to £266m (£253m) and operating profit soared by 48% to £15.6m (£10.5m). Looking ahead, the company said any risks associated with Brexit are not considered material to the business, but that the impact and spread of Covid-19 was being “continually monitored”. It […]
The boss of Wincanton says the 3PL has seen signs of the market hardening around price, as an increasing number of clients realise that the cheapest deal is not always the best.
Wincanton hasn’t had it all its own way of late. A resurgent Eddie Stobart wrestled a Cemex contract valued at £15m off it, and MT revealed earlier this month that Britvic had re-awarded its entire transport requirement to Eddie Stobart after the first year of a five-year deal with Wincanton.
Clipper has signed a lease on a new DC to handle its new contract with Zara parent company Inditex.