Wincanton update - positive comments on fuel/drivers5 Oct 2021 08:50
"Wincanton continues to work closely with its customers in taking active steps to address the impact of the shortage of HGV drivers in the UK and to both attract and retain drivers. Closed book transport contracts, particularly in construction and FMCG, have been the most impacted parts of the business, however the Group has made good progress in agreeing rate changes to optimise service levels. A significant majority of Wincanton's contractual arrangements provide mitigation against cost pressures. The recent fuel shortages have not impacted Group profitability." .....hopefully DX should be able to provide the same on reassurance next week and allay any fears on fuel and driver shortages...if they do, shares should kick on strongly.