Transport Minister Norman Baker has confirmed £11.17m will be put towards a replacement bridge to be built over the River Derwent at Workington in Cumbria.
Stobart said revenue from continuing operations had increased by 11.8% to £500.4m for the 12 months ended 28 February 2011.
Work along the M6 motorway in Cumbria to install three new gates to help release motorists stuck in major incidents is to begin in February.
The logistics giant reported sales up 11% to £243.7m in the six months to the end of August.
Logistics group Stobart said trading is in line with expectations and significantly ahead of this time last year.
Andrew Tinkler and William Stobart, chief executive and chief operating officer respectively, have sold a significant chunk of their stakes in the logistics group to 'satisfy strong institutional demand'.
Civil engineering joint venture EnterpriseMouchel has won its first work in the North West, the £149m five-year road maintenance contract for the Highways Agency in Cumbria and north Lancashire.
Stobart said the group has strengthened in all aspects of the business despite the tough trading year, following the announcement of its preliminary results.
Transport giant Eddie Stobart has launched a national truck spotting competition giving members of the public an opportunity to name an Eddie Stobart truck.