BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year. The acquisition of the company, previously known as Autologic, also saw Avril Palmer-Baunack – the former Stobart chairwoman and Autologic chief executive – rewarded with a bonus. Details of the sale and bonus are detailed in BCA Marketplace’s half-yearly report for the nine months to 4 October 2014. The report states that the business’ net assets were valued […]
The dispute between Eddie Stobart and Unite threatens to run and run, after the union rejected the operator’s latest improved redundancy offer. Harriet Eisner, regional officer at Unite, said her 180-driver members were angry that the new deal did not, in their opinion, go far enough. Unite had postponed a second wave of strike action ahead of last week’s (19 October) meeting, but warned this sanction was now back on the table. Eisner added: “Unite believes that there is no […]
Tarmac regional distribution model goes live with Eddie Stobart, Abbey Logistics and Pollocks [Scotrans] in the mix
Eddie Stobart has spoken of its delight in being involved in the start of a new five-year distribution model with Tarmac, which has commenced this month.
Turnover and profit at Welch’s Transport continued their upward trend last year, despite the Cambridgeshire haulier contending with a relocation and the driver shortage.