Eddie Stobart Logistics (ESL) is to be replaced by Wincanton as logistics partner for Aggregate Industries’ Concrete Products division just over two years into a five-year contract, Motortransport.co.uk has learnt. The contract went live in October 2016, having been publicised in June of that year. ESL replaced XPO Logistics, which had been the incumbent since 2008, after the deal was retendered. However, sources close to the situation confirmed that relationship had now broken down and Wincanton would be taking over the […]
Wincanton looks to be on course to achieve its stated aim of returning to profit this year, despite the impending loss of its finance director. In June Eric Born, chief executive at Wincanton, told MT the company would be back in the black in this financial year, after a pre-tax loss of £47.4m for the year ended 31 March. Extensive restructuring and the disposal of its European business is now starting to bear fruit according to the chief executive, who […]
A judgement in the legal claim being brought by the GMB union against four companies involved in the operation of Marks & Spencer’s South Marston, Swindon DC over agency staff pay could take months to be made.
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.