OOCL results point to loss of market share
Elevated freight rates over the course of last year nearly doubled Hong Kong-based Cosco subsidiary ...
UK logistics provider and haulier Wincanton today beat analysts’ expectations, reporting a half-year operating profit of £25.7m on revenues of £581m.
This compares with an operating profit of £26.1m in the first half of last year on revenues of £561.8m. Despite the 1.5% decline in operating profit, its pre-tax profit rose 8.7% from £20.7m to £22.5mm.
Its 3.4% revenue increase was the result of new business wins in its retail and consumer (R&C) division, which managed to offset challenges in the performance ...
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