Eddie Stobart’s container business, O’Connor, takes a hit after national push

Eddie Stobart container
 

Eddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000. The loss, which the firm attributed to its strategy to turn the regional business into a national player, is laid bare in the company’s results for the year to 30 November 2016. The Widnes-based container haulage and storage business reported that despite turnover remaining stable at £23.1m (2015: £23m) profit plunged by 171% year-on-year from £1.1m in 2015 […]