Eddie Stobart is to open a container transport site at DP World London Gateway, which it hopes will support growth plans in the South. The base will serve customers and destinations across the UK and will reduce current delivery times into London. The operator hopes the site will help reduce mileage and costs for its customers, as well as help them reach carbon reduction targets. Eddie Stobart chief executive Alex Laffey, who joined the company in April from Tesco, said: […]
London deputy mayor for transport Val Shawcross is retiring, it was announced today, after 18 years at the Greater London Authority. She will be replaced by Labour MP Heidi Alexander (pictured, right).
After much debate and analysis, an independent panel of cross-industry judges have hand-picked the finalists of the 2013 MT Awards. The judging took place over two days at the Hilton Leicester hotel, with each session lasting three hours, and chaired by a member of the MT editorial team. With the awards, now in their 27th year, being held in such high esteem by the industry, MT has enlisted the voice of the X Factor, Peter Dixon, to reveal the 2013 […]
Stobart Group’s transport and distribution division, Eddie Stobart, saw revenue grow but profit fall in its most recent trading year, as it failed to cover increased costs through rate rises. For the 12 months ending 29 February turnover rose to £519.5m from £475.3m a year ago. However, pre-tax profit fell from £34.2m to £27.4m, due to cost increases of £4m “which have not been fully recovered through rate increases, mainly due to the increase in our customers’ costs”. Furthermore, £11.4m […]