William Stobart is set to return to Eddie Stobart Logistics (ESL) if equity firm DBAY Advisors succeeds in its bid to buy the troubled haulier. Stobart’s initial task will be to lead the board in ensuring ESL deliver a “strong performance” over the peak Black Friday and Christmas period. Rival bidder Andrew Tinkler, former chief executive at Eddie Stobart, is also lining up heavyweight support for his competing £75m offer for the company. Tinkler is reported to have been in […]
Stobart Group has said a £25m windfall generated by a property sale this month will be held in cash pending reinvestment or used to repay debt.
More than 400 Argos employees are to strike next week, in protest at the proposed transfer of 96 drivers to Eddie Stobart Logistics.
Eddie Stobart and AW Jenkinson Forestry Products have placed what Scania has described as its largest ever order in Europe: 2,000 trucks over two years.