Panther Logistics on course for 30% growth

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The rise in online shopping has led to growth in Panther Logistics.

The company, part of AIT Worldwide Logistics, had a projected turnover of £58 million at the time of acquisition by the global freight giant.

Panther Logistics finished 2020 with nearly £70 million; an increase of 20% year-on-year.

The company predicts a turnover of £75 million in 2021, which would mean a 30% growth if achieved.

Gary McKelvey, Managing Director of Panther Logistics said: “Customers are becoming increasingly demanding.  They expect a seamless shopping experience, not only from browsing a website through to ease of purchase but also delivery.

“Indeed, it is this final leg of the purchasing process which has become increasingly important and often a brand differentiator.”

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