An investor sizing up Eddie Stobart Logistics (ESL) for a potential purchase opportunity has been granted another extension to the deadline to make an offer. Private equity investor DBAY Advisors, ESL’s fourth largest shareholder, now has until 8 November to announce either a firm intention to make an offer for the company or to walk away. The board of ESL said discussions with DBAY remain ongoing and to allow further time for talks it had requested that the panel on […]
Stobart Group has completed a sale and leaseback of its DC at Carlisle Airport for £16.9m.
With an improving economy and subsequent pressure for operators to improve pay, it’s been a year of hard negotiation for many, and in some cases road transport businesses and even the DVSA have had to contend with industrial action including strikes. Motortransport.co.uk looks back at a year of disputes.
Tarmac regional distribution model goes live with Eddie Stobart, Abbey Logistics and Pollocks [Scotrans] in the mix
Eddie Stobart has spoken of its delight in being involved in the start of a new five-year distribution model with Tarmac, which has commenced this month.