Eddie Stobart Logistics subsidiary O’Connor Container Transport is set for further integration into the group after racking up a loss of £800,000. The loss, which the firm attributed to its strategy to turn the regional business into a national player, is laid bare in the company’s results for the year to 30 November 2016. The Widnes-based container haulage and storage business reported that despite turnover remaining stable at £23.1m (2015: £23m) profit plunged by 171% year-on-year from £1.1m in 2015 […]
Royal Mail’s profit warning has been met with shock by analysts who have warned that the group faces relegation from the FTSE 100 if it cannot tackle its productivity problem.
John Hawksworth, previously with Premier Logistics, Birds Transport and AM Widdowson, has joined Eddie Stobart Logistics as general manager of its retail division.
Eddie Stobart Logistics will replace XPO Logistics as the logistics partner for Aggregate Industries’ Concrete Products division.