Eddie Stobart could disappear from the roads in a row over who owns the name.
The haulage firm’s name – which appears on 2,500 lorries and has its own spotters’ club – is at risk because of a legal battle between Eddie Stobart Logistics and its ex-parent firm Stobart Group.
Stobart Group went public in 2007, then decided to focus on airports and green energy.
Legal row: Eddie Stobart Logistics could be forced to pay £50m to Stobart Group for the right to use the name on trucks
The trucking division, ESL, floated for £550million last year – with Stobart Group retaining rights to the name and a 12.5 per cent stake.
Now, Alex Laffey, ESL’s boss, has been told he can use the name for £3million a year, buy the rights to it in Britain forever for £15million, or get exclusive use for £50million.
Laffey said he might ditch it entirely if no compromise is reached.