The vehicle hire specialist has been helping the logistics company to identify and meet its fleet requirements on a week-by-week basis since July 2013, improving cash flow by £10,000 and saving UWL a further £10,000 per year on service and maintenance costs
With an established network of 360 UK and Worldwide partners and an ambition to expand the business in the coming year, UWL considered how best to put the business in a position for growth
UWL previously contract hired its fleet, where the company’s high mileage requirement became a costly issue. This arrangement resulted in vehicle downtime costs of £500-£1,000 per day, and in some instances the company was left without a vehicle for up to three weeks.
Since switching to a non-contractual flexible partnership with Northgate, UWL has made significant financial gains by completely removing the issue of downtime, thanks to being able to add vehicles to its fleet at any time. This change instantly improved cash flow by £10,000
Furthermore, service and maintenance costs have been reduced by a further £10,000 per year, enabling the company to consider investment in its site and facilities.
Brian Young, operations manager at United Worldwide Logistics Ltd, commented: ‘Our partnership with Northgate has completely changed the dynamics of our fleet operations. Flexible vehicle hire has allowed us to adjust our fleet in order for us to meet demand. We have the confidence to always say "yes" to our customers because we know Northgate will deliver without fail.’
