Eddie Stobart Logistics
Industry News

Former Stobart boss Andrew Tinkler ‘preparing bid’ for company

September 20, 2019 Tim Wallace

Eddie Stobart Logistics (ESL) has received a “highly preliminary expression of interest” from former boss Andrew Tinkler who ran the company for a decade until 2014. The move comes only days after ESL revealed it had received a separate takeover bid from one of its current shareholders, Dbay Advisors. Dbay bought 51% of the ESL business from Tinkler five years ago. It is understood Tinkler is interested in participating in a refinancing of ESL which could involve a takeover bid. […]

Department for Transport: all change, please
Industry News

Unite members to stage protest at Department for Transport over ‘profoundly dangerous’ threat to safety regulations

September 16, 2019 Tim Wallace

Lorry drivers who are members of Unite have announced a protest at the Department for Transport at 2pm tomorrow (September 17) over growing fears that the government will weaken or suspend the rules governing lorry driving hours in the event of a no-deal Brexit. The existing driving regulations limit drivers to 56 hours of driving a week (including up to 10 hours a day). There are also strict rules on breaks and rest periods. However, the government has not denied […]