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 […]
Stobart Group has completed the partial divestment of its transport division.
2013 was a year of moves forward for every transport firm listed on the Stock Exchange. And while we lost CityLink (to a management buy-out), we gained Royal Mail – and a whole heap of market capitalisation. So without further ado – let’s find out who the big winners were!
The investor that successfully campaigned against DX Group’s former executive team last year has called for Wincanton to sell one of its two divisions after buying a 2% stake in the 3PL.