Stobbies shares

Reading all this stuff about Eddie Stobart, Stobart Group and all the financial problems they’re having, made me wonder.

Could this be down to the actual problems within the transport industry?
Low rates, eastern block companies undercutting, finding it hard to survive. Have they overspent ?
Have they lost too many contracts/customers? etc. etc.

My point is . Did Norbert sell off ND at the right time, knowing that the industry was going to become a hornets nest?