William Stobart has stepped down as a director of the business that bears his surname ahead of its float on the stock exchange on the 25 April. William Stobart is one of four directors to step down at Eddie Stobart Logistics, alongside Ian Duncan, Saki Riffner, and Ben Whawell. Four new directors have been appointed, including chief executive Alex Laffey, chief financial officer Damien Harte and Philip Swatman as an independent non-executive chairman. Stephen Harley has been appointed as a […]
Eddie Stobart Logistics has confirmed it will list on the Alternative Investment Market (AIM) next week on 25 April at 8am, a move that will see former owner Stobart Group slash its holding in the haulier and pocket £113.1m.
UPS is to build a £120m package sorting and delivery facility at DP World’s London Gateway.
Eddie Stobart drivers facing redundancy at Tesco’s Doncaster DC look set to commence a second period of strike action next week, after talks between the operator and union Unite broke down. Unite rejected an improved severance deal for its 180 member drivers tabled at talks on the 19 October, despite Eddie Stobart claiming the enhanced package was worth an additional £1m. Further talks had been expected towards the end of this week but have now collapsed against the threat of […]