Eddie Stobart saw its e-commerce turnover more than double last year after it began eight new contracts off the back of its iForce acquisition. Stobart bought the logistics management business for £45m last year, with £37m cash from its AIM flotation and five million ordinary shares in Eddie Stobart Logistics to a selling shareholder at iForce. Group turnover grew by 12% to £618m during the year. The operator’s e-commerce sales for the period ended 30 November 2017 totalled £103m (2016: […]
Wincanton confirms details of Aggregate Industries contract win as it replaces Eddie Stobart Logistics
Wincanton has confirmed that it has taken over the Aggregate Industries (AI) Concrete Products Division work from Eddie Stobart Logistics (ESL), as exclusively revealed by mototransport.co.uk last month.
Stobart Group and A.W. Jenkinson Forest Products have struck a second joint procurement deal with Scania to take delivery of a combined 1,000 trucks over the next two years. Between March 2012 and December 2013 Stobart and A.W. Jenkinson will take a mixture of R-series and G-series models. The first 300 will enter service this year with 700 more entering both fleets ahead of the introduction of Euro-6 on 31 December 2013. The deal replicates one struck in January 2010, […]
Former Eddie Stobart chief Andrew Tinkler has confirmed his intention to bid for Eddie Stobart Logistics (ESL) just hours after Wincanton withdrew from the fray and is warning that a rival bid from DBAY Advisors is not in the interests of ESL shareholders.