Andrew Tinkler, former boss of Eddie Stobart, is putting together a £75m rescue bid for ailing Eddie Stobart Logistics (ESL), according to reports. Tinkler, who headed up the business as part of the Stobart Group until 2014, is reported to be putting together a £50m package, with an additional £25m being raised by shareholders. He is reported to claim the deal will preserve value for shareholders. Tinkler told City AM: “Shareholders do take my offer seriously, and even Stobart Group […]
Wincanton is offering its customers the opportunity to model what their supply chains could look like after Brexit.
Producing a 15.65m longer semi-trailer that complies with manoeuvrability rules is one thing; building one that is a genuinely practical, real-world proposition is a different matter. So says Professor David Cebon, professor of mechanical engineering at the University of Cambridge and director of Cambridge Vehicle Dynamics Consortium (CVDC), a collaboration between the university and industry.
Wincanton has secured a multi-million pound extension on its contract with B&Q, taking on management of an additional warehouse. The firm will manage B&Q’s one million ft² showroom fulfilment centre in Burton-on-Trent, which provides warehousing for the retailer’s bathroom, bedroom and kitchen range. Under this new agreement, it is estimated that Wincanton will handle nine million cases of merchandise per year. “We are delighted to be extending our long term relationship with B&Q, which further demonstrates our ability to support […]