Elddis Transport MD Nigel Cook has been appointed chairman of the High Cube Network, a consortium of eight operators, including Elddis, S&R Smith and Sons and Owens Transport, that was launched in April. Cook announced his appointment in a tweet: “So apparently I became the chairman of the High Cube Network today. If I needed a new job, I would have a canny CV!” The network specialises in serving customers who have problems with cubing out before they weigh out. […]
Elddis Transport increased its turnover and profit in 2018, despite the County Durham company getting a drubbing from the Beast from the East.
Stobart Group has sold a 51% stake in its transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move sees William Stobart become chief executive of the newly formed, and once again privately owned, Eddie Stobart Logistics.
Lower fuel prices cost Elddis Transport last year, with savings passed onto customers causing a drop in turnover.