Record year for Nexus Vehicle Rentals
- Parcel service Yodel among new customers
- 29.1% van rental increase year-on-year in 2015
- Double the number of vans out on rent in December
- Nexus fleet covered 8,373,400 miles in December
- Nexus can use over 500,000 vehicles across 2,000 UK locations
AN amazing 8.3 million miles of Santa runs crowned a record year for Nexus van rentals, with parcel service Yodel among its new customers.
The record year for commercial vehicle bookings for Nexus Vehicle Rentals, the leading corporate vehicle rental provider, saw its busiest ever December for vans following on from a month fuelled by Christmas commerce.
Nexus had double the number of vans out on rent year-on-year throughout December, and excluding short wheelbase vans, this number was three times higher than the same period in 2014 and resulted in a 29.1% year-on-year increase for van rentals in 2015.
Nexus’ fleet covered a combined 8,373,400 miles during December, the equivalent of 336 trips around the equator.
The spike in van rentals highlights the current strength of the UK CV market and Nexus’ ability to deal with unprecedented seasonal demand brought on by digital disruption to retail courier services during online shopping phenomena such as Black Friday, Cyber Monday and Christmas home deliveries.
The European Automobile Manufacturers’ Association (ACEA) announced that new commercial vehicle (CV) registrations grew by 20.3% in the UK in December alone. Alongside this, UK production of commercial vehicles rose 33% year-on-year in 2015 according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Nexus chief executive officer David Brennan said: “As a leading rental provider, we are well equipped to deal with seasonal demand and can offer guaranteed availability of vehicles – we have access to over 500,000 vehicles across 2,000 UK locations covering Newquay to Elgin!
“Rentals of CVs in particular were three times those observed in December 2014. This can be explained by the trend of the increasing value of online retail spend which was 8.2% higher than last year throughout December.
“We are able to source any vehicle at incredibly short notice, ensuring courier services were not affected over the festive period.”
The parcel delivery service, Yodel, was one of many new customers Nexus served in December.
Dick Stead, Yodel’s executive chairman, said: “Peak plans assumed that parcel volumes over the busy peak period would vary on a daily basis, therefore Yodel needed to find a supplier capable of quickly meeting the changing vehicle needs.
“Nexus delivered that promise by helping Yodel adjust vehicle supply to parcel volumes by delivery location and this helped us to deliver a record-breaking quality of service and record the highest levels of customer satisfaction over the biggest parcel volume peak in UK history.”
Nexus, which offers full UK coverage including Northern Ireland, is focused on delivering outstanding customer service through its people, technology and service partners and also provides industry leading fleet and rental management systems and solutions.