Troubled haulier Eddie Stobart Logistics (ESL) has won a six-month breathing space on repaying a £200m loan and more than a year’s extension before it has to prove to its lenders it can service the debt. The rescue plan sees Allied Irish Bank, Bank of Ireland, BNP Paribas, and KBC waive the firm’s banking covenants until early 2021 and defer loan repayments until July next year, according to reports. The plan was put together by private equity fund DBAY Advisors, […]
The boss of Eddie Stobart Logistics has endorsed Chep’s collaborative transportation programme, which, according to the pallet manufacturer, saved participants more than 900,000 road miles last year.
Drivers have launched a campaign for trade union recognition at Eddie Stobart’s Carlisle, Lillyhall and Penrith depots in Cumbria.
Aggregate Industries and Eddie Stobart Logistics partnership brought to abrupt halt; Wincanton to take over the work
Eddie Stobart Logistics (ESL) is to be replaced by Wincanton as logistics partner for Aggregate Industries’ Concrete Products division just over two years into a five-year contract, Motortransport.co.uk has learnt.