News / Softer retail market puts pressure on hauliers as clients tighten purse strings

Major haulage customers, such as B&Q, Screwfix and Wickes,  clothing retailers and supermarkets Asda and Waitrose, are warning of a softer market – but it seems it has yet to impact some LSPs.

Wincanton, which has some 8,500 trucks, today released its half-year results, showing revenues of £753.6m ($900,000), up 9.2% year on year, with pre-tax profits up 2%, to £28m, in the six months to the end of September.

Underlying ebitda was £57.4m, a 13% year-on-year increase.

But its retail customers could ...