All-time highest investment for Powys transport firm

Friday, October 11, 2019 - 10:07
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A transport firm in Welshpool, Powys, has ploughed £330,000 in the business to grow its fleet – the single largest investment in the company’s 40-year history.

Speed Welshpool, which is a member of Palletways, the UK’s largest and fastest growing express palletised freight network, has invested in six new vehicles, including four DAF tractor units and two Ford Transit vans. The new additions offer enhanced efficiency, reliability and safety features and meet the latest emission requirements.

Speed Welshpool has invested £330,000 in a new fleet

George Edwards, managing director at Speed Welshpool, said: “This is by far our single largest investment. It’s the first time we’ve ever bought brand new vehicles, having always leased or rented in the past. However, such has been our growth and success over recent years that we’re in the fortunate position that we can buy our own vehicles. This is a huge achievement – and a massive milestone for everyone at Speed Welshpool.”

And it’s hoped the new vehicles will help Speed Welshpool to attract new drivers. George continues: “It’s well-known that as a country we are in the midst of a driver shortage and it’s really important to the business that we attract and retain the best staff. To do this we need to offer market-leading equipment and infrastructure. We trialled a number of vehicles and listened carefully to the feedback from our drivers when choosing DAF tractor units.  DAF is a respected, quality brand which offers a well-equipped, comfortable and modern working environment.”

It has been a big year for Speed Welshpool, having recently appointed an operations director on the back of celebrating its most successful 12 months to date.

Speed Welshpool is one of over 115 independent transport providers that are part of the Palletways UK network. They benefit from shared expertise and resources from within the group to deliver consignments of palletised freight to market faster and more cost effectively than ever before. The Palletways Group, famed for its industry-leading IT developments and operational systems, comprises 450+ depots and 20 hub operations, through which it provides collection and distribution services across 24 European countries, including the UK

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