UK 3PL Wincanton has signed a conditional agreement to sell the operations of its struggling container haulage business to Maritime Transport for £1.5m ($1.94m).
Wincanton completed a year-long strategic review of its operations during the summer, and CEO James Wroath told The Loadstar this year that the container haulage arm would require “a certain amount of re-shaping”, in terms of its “general alignment with the rest of the business”.
However, today it was …
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Source: The Loadstar