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 […]
Strike action set for next week at Eddie Stobart Logistics has been avoided, after the operator and union Unite held talks today (24 May).
Tesco has been drawn into the Eddie Stobart Doncaster row as drivers at the DC prepare to start a third wave of strike action tomorrow (6 December). The supermarket chain, which runs the DC’s warehousing but outsourced the transport operation with 183 drivers to Eddie Stobart in August, has made a point of not commenting on the jobs row until now. However, after Unite last week rejected the latest offer from Eddie Stobart, a spokeswoman for the chain said: “We […]
UK logistics is pretty much a private, and foreign, affair. The operators sitting at the top of the MT Top 100 are German, Swiss, Dutch , French and American. Looking at UK-based firms, very few sit on the London Stock Exchange (LSE). The number of UK logistics firms turning to the City as a means of investment has dwindled, ever since the Malcolm Group withdrew its listing in 2005. Last month Autologic was struck of the list after fellow publicly-listed […]