Former Eddie Stobart chief Andrew Tinkler has confirmed his intention to bid for Eddie Stobart Logistics (ESL) just hours after Wincanton withdrew from the fray and is warning that a rival bid from DBAY Advisors is not in the interests of ESL shareholders. The confirmation came today in a Stock Exchange announcement from TVFB, a company controlled by Tinkler. The statement confirmed that TVFB had submitted a bid to ESL which it described as “considerably more advantageous to ESL’s shareholders and […]
Wincanton has been awarded a new contract with defence manufacturer BAE Systems, to provide full logistics and warehousing services in support of its UK shipbuilding operations.
The DfT has said a decision will be made in due course on the rigidity of the December deadline for operators to take up their allocations of longer semi-trailers as part of the government’s 10-year trial.