Stobart Group has made a “solid” start to its financial year despite a cold and wet June followed by the July heat wave causing volatility in its retail distribution business. The Group said today (23 August) that in the six months to the 31 August its transport and distribution division had “performed well” and it had begun to implement Eddie Stobart systems and processes into Autologic as it looked to improve the divisions profitability. The changing weather patterns had led […]
As 2014 draws to a close, MT.co.uk looks back at the stories you wanted to read. There were shocks, surprises and startling revalations galore in the road transport industry, but what were the ten stories that attracted the most attention? Here’s a clue: Seafield, Stobart and shortages dominated…
Following the themes of recent weeks the big winner in the Motor Transport tracker is Hargreaves Group – even if the performance of its transport group is slightly off target.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.