The rentals arm of the Cartwright Group has enjoyed exceptional growth in the first six months of 2011, with business increasing by nine per cent year on year.
In fact, demand for rented trailers has seen such a rise among firms across the UK that the company has expanded its fleet by 200 trailers just since the start of this year. The total number of vehicles now stands at 4,650. The growth is the result of several contracts both with new and existing clients. Of the new contracts, many are as a result of third party recommendations from existing customers. There has also been a steep rise in the number of enquiries via the Cartwright Group website.
Over the past six months the long term rental of high-quality refurbished trailers has increased in particular. Also during the same period the rising fuel costs has prompted added interest in double deck, urban and other fuel saving equipment. As a result of the endless increases companies across the UK are now wising up to various measures they can take with their trailer kits in a bid to shave fuel bills.
Paul Burn, Cartwright's Rental Sales Director, said: "Our customer base has grown more in the first six months of this year, than during the same period in the previous four years. The new contracts are mainly with larger manufacturing companies, national logistics companies and retailers.
"There is no doubt the rentals business is entering its busiest period yet and demand is high. In fact we are actually in the fortunate position where, with some fleet types, on the odd occasion demand has actually outstripped supply!"
Paul believes the continued high level of inquiries is a strong indication that there is no sign of a slowdown in the rentals market. Companies are moving towards a trend of operating a mix of build and rental with the latter now more commonplace than ever before as firms look to cut unnecessary costs during slower markets.