Eddie Stobart’s former boss Andrew Tinkler (pictured) claims to have secured better-than-expected support from investors for a £70m rescue of Eddie Stobart Logistics (ESL), just days after announcing his intentions. TVFB, a company controlled by Tinkler, said its proposed fundraising had already received conditional indications in excess of the £70m target, notwithstanding TVFB has not yet met a number of major shareholders. Tinkler’s move comes after private equity group DBAY proposed injecting £55m into the business in exchange for a […]
Stobart Group saw turnover in its core transport and distribution division climb in the first half of its financial year despite “considerable demand volatility”, although profit was flat.
Eddie Stobart Logistics and The University of Bolton have launched a three-year degree course in Logistics & Supply Chain Management.
Unite members at Eddie Stobart Logistics’ (ESL) Walkers Snacks Food contract are to strike over the operator’s failure to honour an existing industrial agreement.