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 […]
Europa Worldwide Logistics is expanding its presence in Southampton as it looks to double the number of consignments made out of the region in the next 12 months.
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 […]