An investigation into two audits of the accounts of Eddie Stobart Logistics (ESL) has been launched by the UK’s accounting watchdog. The Financial Reporting Council (FRC) is investigating KPMG’s audit of ESL’s accounts for the year ended 30 November 2017 and an audit carried out by PWC for the year to 30 November 2018. The investigations will be conducted by the FRC’s enforcement division under the audit enforcement procedure. The investigation comes just nine months after ESL shares were suspended […]
UK haulage operators are estimated to see £7.5bn wiped off their turnover this year as the “catastrophic impact” of the coronavirus continues, according to the International Road Transport Union (IRU).
The lack of a hard shoulder on the M25 contributed to the death of two women who were killed when an Eddie Stobart lorry driver crashed his truck into a broken down car parked in the left hand lane, a court has heard.
Heywood, Lancashire logistics firm Yearsley Group has begun taking delivery of the first of 26 new trucks and 50 new trailers being added to the fleet to cope with additional business.