18) Alex Laffey Title: Chief executive officer, Eddie Stobart Logistics In April 2014 Stobart Group disposed of 51% of its 100% shareholding of the Stobart road transport business to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. At the time William Stobart was the chief executive, but a year after the deal he stepped up to the role of executive chairman, leaving some very high-profile and big boots to fill. Thankfully Alex Laffey, formerly UK distribution […]
Wincanton has told Eddie Stobart Logistics’ stakeholders to “take no immediate action” following news that ESL has agreed a conditional sale to private equity firm DBAY Advisors.
The government is to part-privatise the roads in a bid to attract much needed investment for the UK’s creaking transport network. Prime Minster David Cameron will announce a feasibility study during a speech at the Institute of Civil Engineers later today. In a bid to raise millions in investment, foreign companies would be invited to sign long leases to run motorways and major A-roads. The model would be much the same that used for the UK’s water and sewage supply […]
How will transport and logistics look after Covid-19 has eventually receded? There is no shortage of companies who would like the answer to that question and visitors to the Commercial Motor Show conference gained some valuable insight in a special panel discussion.