Davies Turner & Co has increased turnover and pre-tax profits despite “tough trading conditions” last year, according to its latest annual results. Reporting its figures for the year ended 31 March 2018, the Coleshill-based company revealed a 12% rise in turnover to £132.9m (2017: £118.7m) and a 7% rise in pre-tax profits to £2.1m (2017: £2m). Davies Turner & Co, which is a subsidiary of Davies Turner Plc, specialises in freight forwarding, trailer services, ocean freight, warehousing, logistics and haulage. […]
Royal Mail has admitted it expects to make a loss in this financial year and won’t return to profit unless the business is overhauled to reflect a decline in letter volumes and a boom in parcel deliveries.
Eurotunnel’s freight traffic volumes remained almost static in the Q3 2015, despite a summer of troubles in the port of Calais and further reports of “desperate” migrant activity in past days.