Eddie Stobart Logistics (ESL) has hit back at Wincanton’s claims this week that it has withdrawn its interest in bidding for the company due to a lack of financial information, insisting it gave Wincanton “extensive due diligence commensurate with its status as a strategic competitor”. Wincanton withdrew its interest in bidding for ESL yesterday (25 November), citing concerns about ESL’s “financial performance and ongoing liquidity”. In a Stock Exchange announcement, Wincanton said it had not received “full disclosure of the information […]
Bibby Distribution has welcomed former employee Dean Jones back to the business in the newly created role of sector director.
Wincanton has met a tight deadline to launch its fifth distribution centre for tools trade customer Screwfix.
The conviction of 15 drivers based at Eddie Stobart’s Teesport depot for drivers’ hours and tachograph offences, has seen the company’s North Eastern O-licence cut by 140 vehicles for three-months.