The driver shortage becoming more acute drove CM Downton’s profit down in the 2016/17 financial year, and the operator said it’s having its “most difficult commercial conversations” with clients to date as it moves to increase fees. MD Andy Downton told MT that its 9% pre-tax profit drop to £5.1m in the year ended 30 June 2017 was “symptomatic of increased driver costs and increased agency costs” but that the business had the situation in hand. He said: “The driver […]
Former Bibby Distribution head of business development, David Hutchings, has been appointed to the newly created role of head of business development at Gloucestershire-based CM Downton. Downton, which won the Motor Transport Haulier of the Year Award in June and has doubled its turnover in the last three years, says Hutchings will be key to achieving its targets for further growth. Prior to joining Bibby, Hutchings held senior business development roles at Wincanton and Christian Salvesen.
CM Downton has continued its winning streak, securing a three-year contract extension worth £12m with aluminium extrusion producer Sapa Profiles UK.
CM Downton has publicised a slew of contract wins and renewals gained during the past few months, including a deal to work with Blackford, Perthshire-based bottled water company Highland Spring.