Eddie Stobart has purchased a 50% holding in express delivery company Speedy Freight. Puro Ventures, trading as Speedy Freight, is a provider of nationwide B2B express freight services. “This acquisition complements the group’s service offering to business customers in the e-commerce and manufacturing, industrial and bulk sector and broadens its capabilities across the whole supply chain,” Eddie Stobart said in a statement. Speedy Freight is structured around a regional franchisee model, with independent couriers working under the parent company’s patronage […]
BCA Marketplace has hit the acquisition trail once more, snapping up automotive services group Paragon Automotive for £105m.
Stobart Group has reported a “satisfactory” start to the year, despite low volumes from FMCG customers in its Eddie Stobart transport and distribution division.
A road transport lawyer has warned that a case that saw Stobart (Ireland) Driver Services, a division of Eddie Stobart Logistics, pay compensation to 21 drivers for alleged breaches to their weekly rest periods could have an effect on decisions made in the UK.