Ryder has revealed it struck a deal with Britain’s biggest builders merchant Travis Perkins to purchase its 620-strong fleet and then lease it back within 96 hours of previous supplier Gulliver’s collapsing into administration last December.
Group Fleet Director at Travis Perkins Graham Bellman said his company needed to secure a new service provider to minimise impact on its customer deliveries across the UK in the run up to a key trading period for its Wickes business. He added: “It was a hugely challenging time for us – and for Ryder. Within 48 hours of being contacted, Ryder had prepared and delivered a commercial proposal for 620 rigid trucks, tractor units, and trailers.
“After 48 hours, all contracts had been signed, and more importantly, there was no disruption to our operational business. It became clear very quickly that Ryder was the only company that had the foresight and financial capacity to take on these assets.
“What we needed from our service provider was the right vehicles, competitively priced, and fully compliant with additional short-term rental support for seasonal peaks. Ryder delivered on all of these requirements when we needed them the most.”
Ryder has now started delivery of its own new trucks to Travis Perkins.