Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN). In a trading update issued today for the financial year ended 30 November 2018, Eddie Stobart Logistics revealed turnover had increased 35% to approximately £843m (2017: £623.9m). Even if the uplift from the acquisitions is stripped out, annual growth at the operator was 18% year-on-year. “This […]
For a man that has led The Pallet Network (TPN) through its biggest change in recent history, namely joining the Eddie Stobart Logistics (ESL) fold, Mark Duggan comes across as assured and relaxed when motortransport.co.uk catches up with him.
Eddie Stobart is facing a third strike by its drivers based at Tesco’s Doncaster DC. Although the operator and Unite had been in talks via Acas in a bid to resolve the long-running jobs dispute, efforts to find a way forward have failed. The 183 drivers, of which 180 are Unite members, have now rejected an improved redundancy offer from Eddie Stobart, and announced they will commence continuous strike action from the 6 December. The union believes this will be […]
Chancellor Rishi Sunak is mulling a new tax on deliveries, according to Downing Street, as part of plans to revive the high street and cut emissions and congestion.