Eddie Stobart Logistics (ESL) has warned that 2019 profits will be “significantly below the board’s expectations”. In a trading update to investors, it also confirmed news last week that it had received a takeover bid from one of its current shareholders, Dbay Advisors. Last month, ESL suspended shares on the AIM market and announced the departure of CEO Alex Laffey after it failed to publish its half-year results in time. The company said it expected revenue for the first half […]
Drivers at Eddie Stobart’s Doncaster DC have voted for strike action, in response to the operator’s announcement last week that it would be making them redundant. Unite says more than 150 drivers, from a total of 183, voted for strike action at the site that was previously part of Tesco’s distribution network. Harriet Eisner, Unite regional office, said: “Unite is still in talks with Eddie Stobart, but the management remains intransigent that it wants to get rid of the drivers. […]
SDC Trailers has inked a major deal with Eddie Stobart for 240 new trailers.
Jonen Shipping has moved from Palletline to Eddie Stobart owned TPN.