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 […]
Northampton-based Acumen Automotive Logistics has acquired Stobart Group’s enclosed car delivery operations for an undisclosed sum.
Polaris Logistics & Distribution takes delivery of five height-adjustable trailers from Schmitz Cargobull
Logistics firm Polaris Logistics & Distribution has taken delivery of five new S.CS Mega curtainside trailers after being impressed with their flexibility and fuel economy.
John Hawksworth, previously with Premier Logistics, Birds Transport and AM Widdowson, has joined Eddie Stobart Logistics as general manager of its retail division.