£18 million spend on new fleet for Ryder

Ryder, one of the Europe’s largest transportation companies, has placed an order for 613 new HGV / LGVs. This has come to a whopping £18m investment.

Their new vehicles will include a number of DAF 7.5 tonne, 12 tonne and 18 tonne vehicles with refrigerated units, box bodies and tail lifts. It also includes Mercedes Benz Sprinter 313 panel vans with tail-lifts and refrigerated units. The rest of the order is made up by 44 tonne tractor units.

The vice president and managing director of Ryder Europe, David Hunt, says that he believes Ryder will be the only major rental company to place such an important and large LGC HGC driving vehicle order so early on in the year.

The reason Ryder have ordered these vehicles, the first time it has ever ordered 12-tonne vehicles, is due to a growing customer demand in rural deliveries and transportation.

Hunt says of how he thinks the market will progress:

“We have listened to our customers and the range of the new vehicles reflects that. We believe that the rental market will come back first since finance for purchase is not so easily available and rental, particularly long term rental, enables customers to be flexible given the overall economic outlook still remains challenging.”