Alex Laffey was 25 years with Tesco before becoming CEO of Eddie Stobart Logistics (ESL) in May 2015 in preparation for floating the business of the Alternative Investment Market (AIM) of the London Stock Exchange in April 2017. Just before the listing William Stobart stood down as a director and the flotation broke the link with the Stobart Group, which is listed on the main Stock Exchange, and gave Isle of Man based private equity firm Douglas Bay (DBAY) an […]
The government has finally given the go-ahead to a Trailblazer apprenticeship for lorry drivers after it was submitted for the third time last month.
Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due to cost increases of £4m “which have not been fully recovered through rate increases, mainly due to the increase in our customers’ costs”. Furthermore, £11.4m […]
An HGV instructor register is celebrating a “hugely successful” first year after attracting more than 540 members.