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...That also posed a threat to the coal and trucking syndicates that operate in Mpumalanga province, where Eskom has the bulk of its power stations and where criminality is rife....
...The haulage group has spun off a majority stake in the iconic trucking division to William Stobart, one of the founder’s two sons (and Mr Tinkler’s brother-in-law), leaving a company focused on property,...
...But despite those efforts, it still relies heavily on the trucking business to drive the majority of its revenue, cash flow and profits....
...The Indian commercial vehicle manufacturer owned by the Hinduja brothers has invested some Rs6bn ($96m) in the new products....
...Cumbria-based Stobart recently sold its eponymous trucking division, which has a huge fan club spotting its green and red lorries, to William Stobart, son of founder Eddie and Mr Tinkler’s brother-in-law...
...He sold the company to his younger brother William and business partner Andrew Tinkler in 2004....
...“He just thought trucks were beautiful and that they should be named after girls,” his brother William said. At one stage sales from merchandise exceeded earnings from trucking....
...There is a flurry of trading activity at the trucking company turned logistics group Stobart....
...A strong brand helps Eddie Stobart keep on trucking Not many companies could attract fans to an industrial estate near Warrington....
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