Stobart Group's plan to hive off (at least partially) the transport business that made its name may have won the support of shareholders at yesterday's general meeting but that's yet to filter through to its share price.
Yes, Eddie Stobart Logistics the privately-held transport company will be reality within weeks but Stobart Group's share price is yet to bounce.
So far it's remained depressed, down almost 12% at 132p as of close of play yesterday, having been at 149.5p the day before the partial divestment was announced.
That's almost certainly a short-lived by-product of the separation and more deals of the likes of the Flybe announcement will soon arrest the decline.
As a private company Eddie Stobart Logistics will also be more strongly placed to deal with the demands of unions, as in the case of the current Stobart Automotive dispute.
So no need to worry about "the future of multimodal logistics" just yet.