Rental fleet provider invests £35 million in new vehicles

The commercial vehicle rental company Fraikin has invested £35 million in 400 new vehicles from multiple manufacturers. Bolstering its short-term rental fleet, the investment includes vans, LCVs and HGVs with refrigerated, dropside, curtainside, box bodies and Moffett carriers. To support its customers in reducing their carbon footprint, Fraikin has ordered a number of all-electric 3.5-tonne vehicles as well. 

Peter Backhouse, chief executive officer of Fraikin in the UK, said: “This significant investment clearly demonstrates the strength of Fraikin, our long-term commitment to the industry and our dedication to providing the very best mobility solutions for customers, providing access to the latest vehicles and the most diverse range of rental options available in the market today.

“Adding extra EVs to the fleet means we’re in a position to help businesses looking to reduce their environmental impact, alongside supporting those who may want to test the EV market before making longer term fleet decisions. This commitment to sustainability allows us to meet the needs of today but also contribute to a greener future across the industry.”

The new vehicles are all DVS compliant and feature Fraikin’s digital telematics system MySmartFleet. Fleets will be able to use this for vehicle tracking, route optimisation, vehicle checks, tachograph downloads, driver behaviour. 

Jackie Headon, Fraikin’s head of rental, adds: “Our goal is always to meet the wide-ranging needs of our clients, and this investment allows us to do just that. Through this investment we are reinforcing our commitment to delivering flexibility and scalability to customers, helping them remain compliant with new legislation and to meet the evolving needs of their businesses.”

Fraikin’s core business is offering short and medium term rental solutions. The company also has Fraikin Xtend contracts which are longer-term contract hire agreements combined with the flexibility of short term rentals. Its rental locations are based in Bellshill, Coventry and Enfield.