CM Downton has capped off a successful year by sealing new and extended business worth more than £40m. The Gloucestershire-based EV Cargo company has won a nationwide distribution contract with turf supplier Rolawn; extended its contract with container manufacturer Berry Global and sealed a deal with Belgian logistics firm 2XL to distribute ambient food products arriving at Tilbury docks to Aldi and Lidl distribution centres. Read more CM Downton reveals host of contract wins and renewals, including Highland Spring Menzies […]
CM Downton saw good levels of growth across the business in its last financial year, with both turnover and pre-tax profit up nearly 9%.
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.