Andrew Baxter, MD of Europa Worldwide Group, has said that the international groupage specialist “feels like a different business” just two years after he acquired a 90% stake in the Dartford-based operator. His comments came after Europa published figures for the financial year-ending 31 December 2014, during which it had a turnover of £79.8m, up from £73.2m in the previous year. However it made a pre-tax loss of £202,935, after exceptional items, compared to a pre-tax profit of £86,473. Baxter […]
The FTA has called on the government to speed up its decision over a new lower Thames crossing, after transport secretary Patrick McLoughlin ruled out one of the three possible locations and said a final announcement would be made “as soon as possible”.
European groupage specialist Europa Worldwide has said that its ‘One Hub’ concept will “change the market place for how freight is run into Europe” from the UK.
Three years ago the industry was shocked as one of the most prominent names in family haulage, the Baxter family’s RH Freight, was snapped up by Swiss logistics giant Kuehne + Nagel for £66.9m. It was a move that came out of the blue, and was concluded within in matter of weeks (if the folklore attached to the deal is to be believed) but it resulted in Andrew Baxter, who alongside his brother Ian ran RH Freight in the footsteps […]