Wincanton has confirmed that it has taken over the Aggregate Industries (AI) Concrete Products Division work from Eddie Stobart Logistics (ESL), as exclusively revealed by mototransport.co.uk last month. In a press release today, Wincanton said it had signed a five-year deal with AI “for the distribution of concrete products from a majority of its UK manufacturing sites”. Under the new agreement, Wincanton will operate a dedicated fleet of specialised vehicles, backed up by its national network. The 3PL will transport […]
Eddie Stobart Logistics (ESL) may be forced to seek a new injection of capital to ease investor concerns over mounting debts, an equity analyst has told motortransport.co.uk
Share prices in the industry have not changed dramatically since last week. Most have seen a small increase in value, apart from Stobart, which saw its share value remain static.
Clugston Distribution Services’ diversification strategy paid dividends last year, with the firm’s focus on expanding its market presence in fuels, bulk foods, ash powders and intermodal work throughout 2013, contributing to its robust financial performance.