Eddie Stobart has wrestled a £15m Cemex contract from Wincanton after promising to deliver it using fewer sub-contractors. Stobart will pick up the work, which Wincanton has held since 2013, from next month, after which it will deliver packed cement from Cemex production sites to customers around the UK. Cemex told MT that it had changed service provider because Eddie Stobart was able to move a much higher proportion of goods with its own fleet rather than via sub-contracted vehicles. […]
Stobart Group has sold a 51% stake in its transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move sees William Stobart become chief executive of the newly formed, and once again privately owned, Eddie Stobart Logistics.
Wincanton’s new group finance director, Tim Lawlor, has assumed his new role as of today, after it was announced that he’d secured the job in early July.