Regulatory News:
Eddie Stobart and A. W. Jenkinson Forest Products have once again signed
a joint-procurement agreement with Scania in the UK for the supply of
1,000 trucks. As such, the deal mirrors the order placed by the two
operators in 2010, which at the time represented Scania's largest ever
supply agreement in the UK.
Scheduled for delivery between March 2012 and December 2013,
approximately 300 units will enter service this year. As with the
previous order, the mix of vehicles will comprise mainly Scania R-series
tractor units but will also include a significant number of Scania
G-series models.
"This agreement reflects our on-going satisfaction with Scania and the
levels of support provided by the company's dealer network," comments
Stobart Group Chief Operating Officer, William Stobart. "Scania's focus
on ongoing development will allow Eddie Stobart to continue to provide
sustainable distribution and the usual high levels of service to its
customers."
"Over the past two years, the partnership between Eddie Stobart, A. W.
Jenkinson and Scania has continued to develop positively," says
Hans-Christer Holgersson, Managing Director of Scania (Great Britain)
Limited. "Winning such a significant repeat order not only demonstrates
that our products meet the operational needs of these two high profile
customers day-in day-out, but also the capabilities of our service
organisation when it comes to providing a comprehensive range of back-up
services on such a large geographical scale."
Eddie Stobart, part of Stobart Group, is one of the most recognised and
strongest brands in Britain, best known for its iconic green trucks.
Today, Eddie Stobart is the name behind a road haulage fleet of 2,280
and some of the best vehicle utilisation in the industry, helping to
maximise effiency and environmental benefits.
A.W. Jenkinson Forest Products and its subsidiaries handle over 2
million tonnes of green waste, roundwood, chips, sawdust, bark and other
timber co-products each year, collected from forestry sites, sawmills
and other wood processing industries throughout the UK. The company is
the largest UK supplier of woodchip and bark products.
Scania is a major supplier to British industry of trucks, buses, coaches
and engines for industrial and marine applications. Additionally, the
company provides a wide range of complementary and ancillary services in
support of its products and customers through its 90-plus-strong network
of service centres. In 2011, Scania's share of the UK heavy truck market
was 14% and its combined bus and coach market share amounted to 8.1%.
Scania (STO:SCVA)(STO:SCVB) is one of the world’s leading manufacturers
of trucks and buses for heavy transport applications, and of industrial
and marine engines. Service-related products account for a growing
proportion of the company’s operations, assuring Scania customers of
cost-effective transport solutions and maximum uptime. Scania also
offers financial services. Employing some 37,500 people, the company
operates in about 100 countries. Research and development activities are
concentrated in Sweden, while production takes place in Europe and South
America, with facilities for global interchange of both components and
complete vehicles. In 2011, net sales totalled SEK 87.7 billion and net
income amounted to SEK 9.4 billion. Scania press releases are available
on www.scania.com
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