Eddie Stobart Logistics (ESL) has received a “highly preliminary expression of interest” from former boss Andrew Tinkler who ran the company for a decade until 2014. The move comes only days after ESL revealed it had received a separate takeover bid from one of its current shareholders, Dbay Advisors. Dbay bought 51% of the ESL business from Tinkler five years ago. It is understood Tinkler is interested in participating in a refinancing of ESL which could involve a takeover bid. […]
Lorry drivers who are members of Unite have announced a protest at the Department for Transport at 2pm tomorrow (September 17) over growing fears that the government will weaken or suspend the rules governing lorry driving hours in the event of a no-deal Brexit. The existing driving regulations limit drivers to 56 hours of driving a week (including up to 10 hours a day). There are also strict rules on breaks and rest periods. However, the government has not denied […]
Eddie Stobart Logistics (ESL) has warned that 2019 profits will be “significantly below the board’s expectations”.
Swedish fossil-free refrigerated transport specialist Hultsteins has consolidated its position in the UK market with the acquisition of Cold Connect.
The FTA has warned its members that a hard Brexit may force them to rethink their business models.
Eddie Stobart Logistics (ESL) has received a takeover bid from one of its current shareholders, Dbay Advisors.
The RHA has welcomed the Department for Transport’s decision to launch a multi-million pound public information campaign to ensure businesses and hauliers are Brexit-ready.
UK hauliers and commercial drivers who operate in the EU will need a number of new documents if the UK leaves the EU without a deal.
Bridgestone has announced that the TomTom Telematics’ company name will become Webfleet Solutions as of 1 October 2019.
Eddie Stobart Logistics (ESL) may be forced to seek a new injection of capital to ease investor concerns over mounting debts, an equity analyst has told motortransport.co.uk