Europa Worldwide Group has been acquired by the former joint owner of RH Freight, Andrew Baxter – who takes a 90% controlling stake in the international operator. It marks a return to the industry for the former deputy managing director at RH Freight, which was sold to Kuehne + Nagel in March 2011. He replaces current owners Andrew Kennedy, Grenville Turner and Russell Keep, the latter of which will remain with Europa as group finance director, purchasing a 10% share […]
Europa Worldwide has revealed a revised trailer livery that will feature on its newly-christened road freight division, Europa Road.
Europa Road, a division of Europa Worldwide Group, has spent £2m on 23 Renault Trucks after a successful two-year trial with RH Commercial Vehicles.
Kuehne + Nagel’s road and rail logistics division saw volumes fall in the third quarter due to seasonality and the tough economic conditions affecting Europe, dragging down its nine month performance. It meant EBITDA was 9.6% down on the same period of last year for the first nine months of 2012 at CHF 28m (£18.7m). Despite this, invoiced turnover increased 6.9% to CHF 235m. EBITDA within its contract logistics division in the nine-month period was flat year-on-year at CHF 115m, […]