Tag: UK

Amtrak maintains ambition as MD steps down

Will Odling has stepped down suddenly from his position as MD of Amtrak Express Parcels. No replacement has been announced yet and the companuy has said that executive chairman Les Cullen would: maintain a close and active role, in the interim.

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Wincanton wins contract with Tesco

Wincanton has won the UK distribution contract for Tescos non-food lines. Wincanton , which already distributes food and petroleum for Tesco in the UK, will manage the new business from Daventry International Rail Freight Terminal.

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Exel continues to expand

Over 70% of Exel’s activities, mainly in contract logistics, seafreight and road/rail freight, were not significantly affected by the tragic events of September 11,» Exel’s CEO John Allan recently said at a conference for analysts and institutional shareholders at which he presided. «However, there was some short-term disruption in airfreight operations, as a result of which Exel will incur an immediate profit impact estimated to be at most GBP 5 million,» he continued. (Exel achieved an operational profit of GBP 212.6 million last year and GBP 101.6 million this year)

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