Stobart’s chilled operations under microscope

Corby, Northamptonshire, UK:  The Stobart Group’s latest trading update has revealed that the company is to focus on restructuring and improving its chilled and warehousing operations which are performing below the previous financial year.

Stobart says: “The restructuring will result in a more efficient operation to take advantage of future market opportunities.”

As part of this restructuring Stobart has decided to close its chilled depot in Corby. A Stobart Group spokesman said: “To meet demands of the current business environment, Eddie Stobart is announcing changes as part of continuing re-alignment and the best possible allocation of resources to support its transport division network nationally.

“As part of these changes, regrettably, it is proposed that the division’s chilled depot Corby is to close, subject to consultation.  The company is however also investing in a new chilled warehouse at Magna Park creating a significant number of new jobs in the transport division. ”

The company proposes these changes to improve efficiency, reduce environmental impact of the movement of empty trucks, and ultimately deliver a continually more cost-effective service.

In its trading statement Stobart said that “transport and distribution” operates within a challenging economic environment but the ambient transport operations are largely restructured and improved and have progressed well in the second half of the year.

Overall, the group is trading in line with current expectations with some divisions performing ahead and some slightly below expectations.

WORLD NEWS

Bailón adds Schmitz Cargobull reefers

Zaragoza, Spain: Bailón group has added four new Schmitz Cargobull refrigerated trailers to its fleet, taking the total to 27. The group is the largest …

READ THE FULL STORY >

Chereau appeals for hydrogen production at distribution sites

Avranches, Normandy, France: Chereau is encouraging companies to set up hydrogen plants at distribution sites to encourage hydrogen refrigeration in trucks. Chereau is testing hydrogen-based …

READ THE FULL STORY >

Lineage Logistics buys Emergent

Novi, Michigan, USA: Lineage Logistics has acquired Emergent Cold in a $900m deal. The deal, first announced in November, marks Lineage’s entry into the Australia, …

READ THE FULL STORY >

Lineage Logistics buys Henningsen Cold Storage

Novi, Michigan, USA: Lineage Logistics has bought Henningsen Cold Storage Company. The deal bolsters Lineage’s presence in the Pacific Northwest adding 14 sites in Oregon, …

READ THE FULL STORY >

WHAT’S ON

  • Cold Chain Live
    Make a diary note for Cold Chain Live, 24 – 25 September, Birmingham, UK

Latest Tweets

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ