Eddie Stobart saw its e-commerce turnover more than double last year after it began eight new contracts off the back of its iForce acquisition. Stobart bought the logistics management business for £45m last year, with £37m cash from its AIM flotation and five million ordinary shares in Eddie Stobart Logistics to a selling shareholder at iForce. Group turnover grew by 12% to £618m during the year. The operator’s e-commerce sales for the period ended 30 November 2017 totalled £103m (2016: […]
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.
The dispute between Eddie Stobart and Unite threatens to run and run, after the union rejected the operator’s latest improved redundancy offer. Harriet Eisner, regional officer at Unite, said her 180-driver members were angry that the new deal did not, in their opinion, go far enough. Unite had postponed a second wave of strike action ahead of last week’s (19 October) meeting, but warned this sanction was now back on the table. Eisner added: “Unite believes that there is no […]