Eddie Stobart Logistics has said that its revenue and profits are growing, and it is ahead of its targets, in its first year of trading under the majority ownership of private investors. It was revealed to investors that in the period since its partial disposal on 10 April 2014 to the close of its financial year on 28 February 2015, Eddie Stobart Logistics made an underlying pre-tax profit of £14.8m, of which Stobart Group takes a £7.3m share. This marked […]
Stobart Group is to discontinue its chilled operations “as a stand alone unit” insisting that the “change will not affect Stobart’s national network solution for customers”. In an interim management statement today (17 January), Stobart said the Eddie Stobart transport and distribution division continued to perform in an uncertain economic environment but its chilled operations remained very challenging. MT.co.uk understands that discontinuing the chilled operations – primarily the former Innovate Logistics business it acquired out of administration in July 2008 […]
Eddie Stobart said it would continue fighting to build a national distribution centre in Warrington after its latest application was refused by the Secretary of State.
Wincanton and Eddie Stobart merger a “logical” match, says CEO James Wroath as he unveils group’s half-year results
There is an “industrial logic” to Wincanton merging with Eddie Stobart Logistics (ESL), Wincanton’s new chief executive James Wroath told analysts at the launch of the group’s latest half-year results.