This isn’t an editor’s picks, it isn’t an analysis of the most important news in the industry in the past 12 months – these are the most-read stories on Motortransport.co.uk. It is what our loyal readers wanted to read from the thousands of stories we published in 2013. Thanks for reading, and we’ll keep delivering bigger and better next year! 1) Stobart sells automotive aftersales arm to Paragon Group Back in January Stobart shocked the industry when it said it […]
Eddie Stobart’s automotive logistics business – formerly Autologic – has been sold to BCA Marketplace, an automotive support services company best known for consumer brand Webuyanycar.com. BCA Marketplace was bought earlier this year by an investment vehicle formed by Avril Palmer-Baunack- the former chairwoman of Stobart and chief executive of Autologic.
DX Group’s turnaround plan, which was backed by investors to the tune of £4.76m in May, remains on course with the embattled operator set to trim losses in its current financial year.
DX Group has issued a profit warning, citing the shortage of HGV drivers as a key factor in driving up costs.