Southbridge Foods — National ambient DC & metro delivery

Won

$12.4m p.a. · 5 years · submitted Mar 2024

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Model margin
8.2%
Contract value
$12.4m
per annum
Term
5 years
Submitted
Mar 2024

Summary

Shared-user ambient DC plus metro delivery for a multi-site food retailer — the closest structural precedent to the Meridian opportunity.

Outcome — Won on network density and shared-user DC pricing. The 3.0% labour uplift assumption later proved optimistic against a 4.6% EBA settlement.

Implemented contract

Southbridge Foods — National ambient DC & metro deliveryEroding5.9% actual vs 8.2% modelView actuals