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 […]
CM Downton and Arla Foods have both launched national apprenticeship schemes to entice new workers into a sector feeling the pinch of a severe driver shortage.
Welcome to the first edition of Motor Transport’s Power Players – the list of the 20 people who we believe have the most influence and exert the most control over the road transport industry. This list is by no means objective, but we’ve debated the merits of those on the list. You will find operators, clients, industry stakeholders and a few off-the-wall choices. Some are there because they exerted power in 2012, while others appear because we expect them to […]
Fuel efficiency increases from its Euro-6 fleet boosted CM Downton’s pre-tax profit last year.