Davies Turner climbs Sunday Times PwC Track 250 league table
Davies Turner Plc has jumped 42 places to the 119th position in the latest Sunday Times PwC Top Track 250 league table, reports Intermodal News
Davies Turner Plc has jumped 42 places to the 119th position in the latest Sunday Times PwC Top Track 250 league table, reports Intermodal News.
'This significant improvement in our ranking recognises not only our strong financial performance but the importance of our continuing focus on responding to ever-evolving customer needs, and developing our service portfolio and overseas network,' said Davies Turner chairman Philip Stephenson.
'As mid-market private businesses, Top Track 250 companies are an important engine of the UK economy and this year's cohort had combined sales of almost GBP60 billion (US$77.8 billion). These companies are predominantly owned by entrepreneurs, private equity firms, and family holdings. It's a prestigious club to be in,' said Mr Stephenson.
The climb to the Top Track 250 table follows Davies Turner's earlier success in the British International Freight Association's (BIFA) Freight Service Awards, with Davies Turner winning gold in the European Logistics category.
'This year, we were due to celebrate our 150th anniversary but the outbreak of the pandemic followed by lockdown, has meant postponing those celebrations temporarily,' said Mr Stephenson.
'Achievements like those outlined above demonstrate how our focus on sustainable and profitable growth remains central to Davies Turner's 150-year success under the same independent ownership,' said Mr Stephenson.
'There will be more innovations and more progress to come as we develop our network and systems to help clients old and new with the management of their supply chains in combatting the effects of Covid-19. At the same time our teams are maintaining preparedness, recruitment, and training for the end of the Brexit Transition Period on December 31, 2020,' said Mr Stephenson
'Our latest appearance in the Sunday Times PwC Top Track 250 league table gives the company a Unique Selling Point in the market, which has been a characteristic of Davies Turner's development and resilience throughout its 150 years.'