Eddie Stobart CEO Alex Laffey is mulling a rebrand of the logistics firm’s 2,500 strong fleet, which could even see the iconic name disappear from Britain’s roads. The review has been triggered by Eddie Stobart’s need to renew its brand-use agreement with former parent group Stobart Group, which holds a 12.5% interest in the company as well as the brand rights under an agreement that ends in 2020. Eddie Stobart can still use the brand at a cost of £3m […]
Motor Transport: A Year in Review The industry has faced a challenging 2012 and since its launch in March, MT.co.uk has been here to cover the ups and the downs. Here is a month by month guide to the big stories of 2012. January saw B2C parcel operators report record Christmas volumes as a result of the biggest online Christmas the UK had ever seen. Hermes delivered 15 million items in its 2011 Christmas peak, while Yodel delivered 20 million […]
Stobart Group has sold a 51% stake in its transport division to Douglasbay Capital (Dbay) – the former owners of TDG – for £280.8m. The move sees William Stobart become chief executive of the newly formed, and once again privately owned, Eddie Stobart Logistics.