The promise of a solid first half in its financial year did little to improve investor confidence in Stobart Group – because investors were already ahead of the curve. On 17 April it was trading at a year low of 76.5pence per share. Today its at its year high of 109.5p – proving that investors have faith in the direction Andrew Tinkler is taking the company. Markedly though, are the noises that Stobart Group’s chief executive is making: “We are […]
Tesco is re-tendering its transport operation after the announcement it would close two DCs and move some of its warehouse operations in-house.
Haulage bosses from six fuel distribution firms are due to resume talks with the Unite union this morning (10 April) following the Easter weekend. Conciliation service Acas is leading the discussions, which kicked off last Wednesday (4 April) and continued for two days, over tanker drivers’ training, safety and employment conditions. Acas chief conciliator Peter Harwood says of the talks so far: “The discussions have been constructive, with the parties positively engaged and committed to the process.” If talks fail, […]
Eddie Stobart has ended its award-winning driver apprenticeship scheme run in association with System Training. The pair won Apprenticeship of the Year in the 2012 MT Awards for their two-year scheme that saw 10 trainees taken on from 200 applicants.