The latest episode of the Motor Transport Podcast (MTP) is available for download now. In this week’s broadcast, Christopher Walton, Emma Shone and Ashleigh Wight discuss the effect the closure of the Forth Road Bridge is set to have on the haulage industry, with the RHA predicting huge industry-wide costs. The team also talk about the parts of the country facing the highest number of PG9s, and analyse the fallout of BCA’s Stobart Automotive aquisition. Download this small yet succulent […]
Stobart Group has said the integration of Autologic into its Eddie Stobart division has been “seamless” with all assets and key personnel retained. Autologic was bought by Stobart in August, after an initial bid – valuing the company at £12.4m – was made for the company in June. The acquisition adds £144.7m of annual turnover and £2.1m of pre-tax profit to Eddie Stobart’s £519.5m of turnover and £27.4m of pre-tax profit. New deputy chief executive at Stobart Group, and former […]
Eddie Stobart Logistics has successfully completed its transformation into a stand-alone business after the acquisition of a 51% stake in the operator by private equity firm DouglasBay Capital on 10 April 2014, according to its parent company.