Nexus Vehicle Rental, the UK’s leading tech-driven business mobility provider, has announced another record-breaking year for commercial vehicle (CV) rentals in the run-up to the peak Christmas period, reporting a 350 per cent increase year-on-year as fleets readied themselves for the annual retail frenzy.
Industry experts are predicting another record-breaking year fuelled by recent key Christmas commerce events Black Friday and Cyber Monday – with reports suggesting £8bn was spent in the UK during the long weekend shopping bonanza.
Daily rental is proving increasingly popular, with logistics and courier companies looking to scale up their fleets to cope with retail demand, now including customer expectations such as same-day-delivery and, more recently, same-day-returns.
Over the last few years Nexus has seen unprecedented bookings from retail and courier companies as they look to cope with ever-increasing demand.
Yvonne Palmer, Head of Operations and Supply at Nexus Vehicle Rental, said: “Our customers know that through our supply chain and unique booking platform we are able to deliver their requirements at very short notice, and our suppliers know we have procedures in place such as the rapid turnaround of damage claims, making us the perfect partner to help meet the dynamic nature of the peak period.
“Every year the amount spent online during the Christmas period increases with consumers increasingly ditching the high street and opting for home delivery. Thanks to our unrivalled supply chain, we have utilised more than 100 suppliers to fulfil a record number of orders this year, delivering vehicles to 1,400 different locations across the UK.”
Nexus offers daily, short, medium and long-term rental with access to over 550,000 vehicles, including 100,000 specialist and commercial vehicles and 50,000 HGVs across 2,000 UK locations.
The firm’s growth and technology offering saw it named Scale-up Business of the Year at the Lloyds Bank National Business Awards earlier this month.
Categorised in: Company Updates
This post was written by Helen Wakefield
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