Eddie Stobart has purchased a 50% holding in express delivery company Speedy Freight. Puro Ventures, trading as Speedy Freight, is a provider of nationwide B2B express freight services. “This acquisition complements the group’s service offering to business customers in the e-commerce and manufacturing, industrial and bulk sector and broadens its capabilities across the whole supply chain,” Eddie Stobart said in a statement. Speedy Freight is structured around a regional franchisee model, with independent couriers working under the parent company’s patronage […]
CM Downton walked away with the big prize of the night – the Haulier of the Year trophy – in front of a sell-out audience of 1,500 at last night’s Motor Transport Awards (13 June). Delighted directors of the family firm Andrew, Richard and John Downton, collected the trophy from co-host Sean Lock. The Moreton Valance, Gloucestershire-based firm has achieved the remarkable feat of boosting turnover and doubling operating profit since the credit crunch struck in 2008 – a performance […]
More than 180 drivers at Eddie Stobart’s Tesco DC in Doncaster are set to strike for 48 hours next week following last month’s vote in favour of industrial action. The strike will run from early Tuesday morning (9 October) and will disrupt supplies to Tesco stores in the Yorkshire and Humber region, said Unite. The action, which more than 90% of staff voted for, follows a move by Stobart to issue termination notices to 183 drivers on 5 September after […]
One of Eddie Stobart Logistics’ (ESL) largest shareholders has been granted an extension by UK regulators to make a firm takeover offer for the beleaguered haulage firm.