Eddie Stobart Logistics (ESL) has applied for its shares to be suspended from AIM trading after it failed to publish its half-year results in time. The company has also announced that CEO Alex Laffey is to step down with immediate effect. It is understood that Sebastien Desreumaux, currently CEO of iForce and head of Contract Logistics at Eddie Stobart, has been promoted to group CEO and will join the logistics firm’s board “in due course”. In July, ESL cut its […]
Parcel carriers FedEx, Royal Mail and DHL have been named among the top 20 Business Superbrands in the annual Superbrands list.
Never mind if you can’t read, download or browse Motor Transport on your commute to and from work – you can now listen to it! Subscribe on iTunes to our new, regular podcast to hear our journalists discuss and debate the hot news of the past week. In our launch edition we talk about the level of Driver CPC compliance, Boris Johnson and the new London safer lorry scheme. We also discuss Eddie Stobart Logistics and the return to the […]
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.