Wincanton sees strong performance after period of recovery

27 January 2021/Categories: CILT, Industry News, Freight Forwarding, Logistics & Supply Chain

Wincanton has announced that it has seen an improvement in revenues since the initial impact of Covid-19 in early 2020.

The company has has seen revenue rise by more than 10% in Q3 compared to the previous year, with growth in all of its four core business segments.

The largest increase was in the digital and e-fulfilment sector where revenue was up by 40% due to higher demand, as customers continue to switch to shopping from home.

Revenue in the public and industrial sector has been boosted by strong volumes in construction and the increased use of the Wincanton’s shared transport network.

James Wroath, Wincanton Chief Executive Officer said: “The strong performance of our underlying business and the new contracts we are implementing in our strategic growth markets are clear evidence that we are delivering on our strategy even in the difficult current climate.”

source: Logistics Manager

Number of views (3358)

Tags:

Welcome to the News Centre

Categories

Wincanton sees strong performance after period of recovery

Theme picker