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Park Logistics - Creating supply Chain Solutions

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Cartwright sees trailer rentals reach fresh peak

  • 17 April 2014
  • By Robin Meczes

Trailer and body manufacturer Cartwright Group has announced a record year for its rentals division.

Annual turnover in the division last year hit £20m, while its fleet of around 5,000 trailers grew by nearly 30% and utilisation was “much higher” than forecast during the year.

“It has been a tremendous year for the division, with unprecedented growth in all areas of the business and we were delighted to win business from a number of high profile customers who used our rental products for the first time,” said rental sales director, Paul Burn.

“It has been an incredible success story for the rentals operation since its launch in 2007, when we had just 1,000 trailers and a £3m turnover,” he added.

Although the rental fleet now stands at around 5,000 units, the firm has actually disposed of 1,000 trailers in the last few years as part of a drive to reshape the profile and reduce the average age of the fleet, said Burn.

Cartwright has invested over £9.5m in new equipment since 2011 as part of its fleet replacement policy and continues to refurbish at a rate of 250-300 trailers a year.

It is currently planning to take on a number of new double-deck reefer trailers, double-deck ambient boxes, triaxle tail-lift boxes and automotive-spec curtainsiders, said Burn.

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Article source: http://www.commercialmotor.com:80/latest-news/cartwright-sees-trailer-rentals-reach-fresh-peak