20) Andrew Tinkler, chief executive, Stobart Group Tinkler strengthened his position at the top of Britain’s best known haulage firm at the beginning of 2013. He survived an attempted boardroom coup, that could have seen former Autologic boss Avril Palmer-Baunick take charge of the group as a whole, potentially breaking up its constituent, multi-modal parts. That came to nothing in the end and Tinker was able to calm the waters, as Palmer-Baunick left in May. Weeks later he signed a […]
The MT basket of transport shares continues to have a little wobble in September, but it is worth keeping in mind just how much share values of transport firms have risen in the nine months of the year so far – pointing towards a more sustained recovery in the sector.
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.
Stobart Group says its transport and distribution division Eddie Stobart has experienced “mixed fortunes” since March. In the past four months Eddie Stobart says its ambient transport and warehousing operations have been performing well and is “witnessing more new business opportunities than in previous years”. However, it warns that the restructure of its chilled operations, whilst progressing, has resulted in some further costs. In the past six months its chilled operations, with the closure of its Corby and Alcester distribution […]