Fowler Welch said its sale last year to Culina Group had strengthened its ability to overcome challenges and enhanced its services. In a statement from its directors, the food logistics company also said that the sale of its Heywood site last October had enabled it to focus on its core chilled business. The comments came in its latest available financial results, which showed that in the year ending 31 March 2020, the company’s revenue dropped 6.6% to £166.8m. However, pre-tax […]
Tesco has been drawn into the Eddie Stobart Doncaster row as drivers at the DC prepare to start a third wave of strike action tomorrow (6 December). The supermarket chain, which runs the DC’s warehousing but outsourced the transport operation with 183 drivers to Eddie Stobart in August, has made a point of not commenting on the jobs row until now. However, after Unite last week rejected the latest offer from Eddie Stobart, a spokeswoman for the chain said: “We […]
The level of financial standing standard O-licence holders will have to demonstrate is likely to increase in 2017, due to the drop in the value of the pound against the euro.
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.