CV Sector News Truck Van

Prohire invests a further £1m into its rental CVs

03 June 2014 #CV Sector #News #Truck #Van

News from Prohire: Commercial vehicle hire and fleet management specialists Prohire Plc, has announced an investment approaching £1 million in its spot rental fleet.

This is the second significant investment Midlands based Prohire has made in its spot rental fleet in a matter of months and follows news that the company had spent in excess of £2.5 million on new vehicles.

As part of this most recent investment Prohire has placed orders for around 35 vehicles, including: 7.5t Iveco Eurocargo trucks; 18t and 26t DAF Curtainsiders; Mercedes Axor tractor units; and 3.5t Mercedes Sprinter vans with refrigerated bodies.

“Spot rental has become an increasingly significant part of our business,” says Dan Stevenson, Prohire’s Rentals Manager.

He believes that the growing demand for spot rental vehicles reflects the fact that some companies’ are treating news of the upturn in economic conditions with a degree of caution.

He adds, “Business is improving and companies are beginning to feel that they are coming out of recession, but, in a lot of cases – particularly among third party logistics services companies – there is a reluctance to overstretch by buying, for example, a new £70,000 tractor unit to service a new contract. So rental options are particularly attractive.”

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