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TRUCKING INDUSTRY NEWS * UK - Wincanton delivers just £20m amid gloom
Chugging along: Wincanton has been hit by the downturn
Chippenham,Wiltshire, UK - The London Evening Standard -4 June 2009: -- The recession, the bankruptcy of Woolworths, the cost of slimming down, and rising debts and bank charges, have seen profits almost halve at the trucking group Wincanton... The group, one of Europe's largest logistics companies, reported a slump in pre-tax profits from £36 million to £20 million in the year to the end of March... The figures were hit by a £23 million restructuring charge while financing costs were up 70% to £28 million... * Pantos Logistics teams up with Network International
Slough,Berkshire,UK -Road Transport, by Joanna Bourke -4 June 2009: -- Pantos Logistics has joined forces with Network International (NI) to create a shared user network offering a next-day UK-to-Ireland service... Using four HGVs in the UK and eight in Ireland, Pantos will share pallets with Nuneaton-based NI, which operates eight trucks in Ireland and four in the UK...Labels: trucking industry news UK
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