Stobart bags £25m-a-year Tesco deal

22nd Jul 2009 08:54

Transport and logistics group Stobart has bagged a distribution contract for Tesco's new 1.2m sq ft import centre in Middlesbrough worth about £25m a year.The company's Eddie Stobart business will take non-food products from the import centre at Teesport and distribute them countrywide. The operation will be up and running in August. "Tesco and Stobart started working with each other nearly five years ago and both organisations share a joint vision of maximising load fill to reduce 'empty' road miles, whilst maintaining exceptional levels of service to customers," said Stobart boss Andrew Tinkler.Last month, Stobart said it is performing 'satisfactorily' despite the challenging economic environment. It made a good start to the year, successfully completing the acquisition of Carlisle Lake District Airport.