Eddie Stobart could be a private company again as soon as April, according to a circular sent to shareholders of its parent group. Stobart Group, which revealed plans for a partial realisation of its transport and distribution division last week, will hold a shareholder meeting on the 31 March in a bid to make its proposal reality. If shareholders support the proposal to sell a controlling stake in newly created holding company, Eddie Stobart Logistics (ESL), to Douglasbay Capital, the […]
Scania (GB) has won an order for at least 2,250 trucks from Consortium Purchasing, an operation led by William Stobart, executive chairman of Greenwhitestar Acquisitions (which owns Eddie Stobart, The Pallet Network and iForce), and Allan Jenkinson (owner of A W Jenkinson Forest Products).
With an improving economy and subsequent pressure for operators to improve pay, it’s been a year of hard negotiation for many, and in some cases road transport businesses and even the DVSA have had to contend with industrial action including strikes. Motortransport.co.uk looks back at a year of disputes.
Stobart Group has sold its automotive after-sales division, Stobart Vehicle Services, to Paragon Group for an undisclosed sum. The division, which was part of Autologic prior to its purchase by Stobart in August 2012, provides car manufacturers and dealerships with services ranging from new car preparation to customisation. As part of the deal Paragon will take on former Autologic sites in Corby, Portbury, Doncaster and five manufacturer locations and said it would be “welcoming 500 new staff”. The division will […]