Call us: 0161 684 3070
Barnes Logistics
  • HOME
  • LOGISTICS
  • WAREHOUSING
  • COMMERCIAL VEHICLE MAINTENANCE
  • ABOUT
  • WORKFORCE
  • BLOG
  • CONTACT US
  • Menu Menu
fleet investment

The Value of Fleet Investment

August 29, 2019/in Customers, Driving, HGV, LGV, Logistics, lorry, News, safety, Uncategorized, weather /by The Source Partnership

Logistics businesses depend on their fleet – it’s at the very heart of their success. But unlike non-commercial vehicles, business fleets go through more wear and tear in a shorter amount of time. As a company’s fleet brings in vital revenue, it is imperative that capital is re-invested back into these vehicles.

Why? Our commercial vehicles must constantly be upgraded; but this investment needn’t be viewed as a necessary but tiresome expense – it also results in improved efficiency and greater reliability.

With drivers undertaking frequent shifts, investing in quality vehicles is imperative. Up-to-date vehicles have the latest technology, which increases the safety of the drivers and other road-users as well as the efficiency of the fleet, ultimately escalating profits. Upgrading means investing in the latest safety equipment like rear view cameras, hands-free smartphone connections, and up-to-date tachographs. Modern satellite navigation systems also drastically decrease delivery time by helping drivers navigate road closures and traffic build-ups, among other things. Furthermore, these new fleet improvemennts boost employee satisfaction and serve as a great promotion for a company’s products or services.

Reductions in maintenance costs are another benefit of the investment in fleet vehicles; as they are used every day they require regular maintenance. Fleet upgrades reduce a company’s maintenance costs and extend the vehicles life span as well as make sure the vehicle is safe to drive. Costly maintenance repairs can also negatively affect the delivery time of a load, negatively reflecting on the company’s overall reputation.

Another means to improving the value of a fleet is investment into good quality, professional drivers. Ensuring the hiring of properly trained, qualified drivers with experience is an absolute must. Laws and legislations regularly change with driving laws, and so ensuring one has competent drivers means that businesses are always above board and in accordance with the law.

Investment into the sustainability of HGVs is a big topic at the moment, with the current climate situation and the newly imposed government targets for the reduction of emissions, the eradication of fossil fuelled vehicles doesn’t seem too farfetched. Additionally, the rising number of natural gas fuelling stations in the UK is an indication that business owners are looking to invest in environmentally friendly transport vehicles. Although the technology is still in its developing stages, it’s always worth keeping an eye on and investing in the future before laws change and businesses are penalised heavily for burying their heads in the sand and continuing to run fossil fuelled HGVs.

As stated, business owners can only invest when these new eco-technologies are advanced enough to be commercially viable, and many vehicles are still reliant on fossil fuels. However, companies can still choose to improve their fleet’s fuel efficiency. Commercial fleets can create huge fuel costs and, for some companies, these costs are as big as their payroll. The automotive industry is investing their efforts into decreasing the overall consumption of fuel across the board and improving fuel efficiency in the logistics sector would be a huge step in the right direction.

Overall, the value of fleet investment is of vital importance to safeguard a business for the furture, and it’s a process we consisitently undertake at Barnes to ensure we provide the safest, most reliable logistics services for our customers. Explore how we can help you with our logistics services.

Tags: business, business investment, business talk, driving, fleet, fleet investment, HGV, hgvs, logistics, logistics fleet, logistics leader, lorries, professional driving, thought leadership, thoughtpiece
Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://barneslogistics.co.uk/wp-content/uploads/2019/08/New-Trailers-1.jpg 1714 3264 The Source Partnership https://barneslogistics.co.uk/wp-content/uploads/2022/02/Barnes-Logistics-01.png The Source Partnership2019-08-29 16:17:502019-08-29 16:17:58The Value of Fleet Investment
You might also like
On-Demand Economy & Impact On Logistics How Has The ‘On-Demand’ Economy Impacted Logistics?
Overnight Trunking Logistics Services | The Barnes Group What Is Overnight Trunking – And What Are The Benefits?
Black Friday logistics How Black Friday Might Look Different This Year For Logistics
THE GOVERNMENT CRACKS DOWN ON DISTRACTED DRIVING
Logistics Services Logistics Services: How Investing in Roads Can Help
mental health Mental Health Awareness Week and Beyond
2016 Yearly Round Up
The Driver Shortage – What Can Be Done?

Recent Posts

  • Behind Barnes: HGV Class 1 Tramper Driver
  • How To Keep Active Whilst Trucking
  • #MentalHealthAwarenessMonth – 10 Tips For HGV Driver Wellbeing
  • How To De-Stress Whilst Driving Your HGV
  • Considering A Career In Transport Instead Of Higher Education

Categories

  • Customers
  • Driving
  • HGV
  • LGV
  • Logistics
  • lorry
  • News
  • safety
  • Uncategorized
  • weather

OUR ACCREDITATIONS

 

Contact Details

Tel: 0161 684 3070
Email: admin@barneslogistics.co.uk

About us

Barnes Logistics fleet operates from more than seven sites across the country and supports a nationwide client base.

Our Service

We supply ‘just in time’ logistics support and warehousing to business across the UK.

Registered Office

Barnes Logistics Ltd
Cowm Top Lane
Rochdale
OL11 2RG

© Barnes Logistics 2020. Website Design by Red Fred Creative
  • Employee Information
The Importance of Efficient Logistics The Importance of Efficient Logistics How To Choose a Logistics Company?
Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

OKLearn more

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Accept settingsHide notification only