News

EVENTS

14th November

Wincanton has announced that it plans to improve margins by focusing on added value services such as streamlining customers’ supply chains and providing systems capabilities for multi-channel retailing. In its half year results, the 3PL said: “The greatest challenge in terms of achieving profitable growth lies in areas of the contract logistics business such as the traditional retail and consumer goods contracts and the more mature milk and fuel tanker operations. At the extreme, the basic open book warehouse contract is a commodity service and margins have declined year on year. While these services continue to be an important part of our business mix we will focus on driving margin improvements by adding value through additional services, streamlining our customers’ supply chains or providing systems capabilities that will help them manage challenges presented by multi-channel retailing.”