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50 YEARS FOR LOGISTICS COMPANY
The company was established in Reading in 1973 as a freight forwarding company, and today has a £60m turnover providing employment to 100 people globally across ten offices world-wide.
Over the decades, the company has faced many market pressures including the recession between 2007 and 2009, the implementation of US import tariffs in 2018, the 2016 Brexit vote and the UK’s exit from the European Union in 2020 together with the Covid-19 pandemic.
“Russia’s invasion of Ukraine and the consequential sanctions imposed has dramatically affected the industry; with port closures, vessel seizures, further global price rises and a lack of ship and container availability worldwide, meaning ports really are stretched,” added Simon.
Peters & May has partnered with many prestigious events over the years, including the
Whitbread Round the World Race and The America’s Cup for which it provided yacht racing solutions.
In the 1990s, Peters & May relocated its headquarters to Southampton, and in subsequent years has established overseas offices in France, Spain, Fort Lauderdale, Palma, Hamburg, Genoa, Dubai, Netherlands and Singapore.