M&A speculation swirls as EV Cargo unveils 'robust financial position'
EV Cargo has published improved financial results – but has remained tight-lipped about increasingly loud ...
Wincanton raised its profit at around the same rate it lost revenue during its fiscal year 2018.
Despite a 2.6% decline in turnover, to £1.14bn (£1.17bn a year earlier), profits (recorded as ebitda) climbed 2.9% to £66.7m.
Outgoing chief executive Adrian Colman said “key areas” had grown, including retail general merchandise.
“In the second half of the year, we secured substantial new contract wins that should position the group well in the coming periods,” he added.
“Revenue performance overall in the year was impacted by ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Trump tariffs see hundreds of cancelled container bookings a day from Asia
Tariffs and de minimis set air freight rates on a volatile course
Comment on this article