Comment / Analysis: Call them 'PPCLOs' – your pure-play contract logistics proxy is served

With the small, under the radar sale of its container haulage and vehicle repairs businesses, LSE-listed Wincanton (£360m market cap) recently reduced its business lines to contract logistics (CL) focused on only four (operating) verticals.

In doing so, it has inadvertently contributed to spotlighting a new subset of listed transport and logistics corporates, aka pure-play CL operators (PPCLOs) – and yep, if no one else is claiming it, we’re coining that one at Premium.

Recap 

It was pretty clear to most freight industry ...