Baxter Freight on the rise
In its recently published mid-year financial results, Nottingham-based logistics firm Baxter Freight reports that its figures are on a record mark, despite the effects of Covid-19 and Brexit.
Turnover saw a big leap forward, rising from GBP 7.7 million in H1/2020 to GBP 12.9 million in H1/2021. The turnover for 2021 is estimated at GBP 28 million for 2021, GBP 10 million above 2020’s turnover.
Baxter Freight is now pushing ahead with its Fast Forward growth plan, projecting a turnover of more than GBP 35 million by the end of 2022, helped by employing an additional 50 people. 2021 has already seen a net increase of employees to over 100 people.
Further developments include investing in the air and sea teams. Baxter cooperates in a European customs clearance partnership with Gerlach and a European freight partnership with DHL Freight. (sh)