A family-run company with the largest specialised trailer hire fleet in Europe is expanding thanks to a £2.5 million funding package from Santander Corporate & Commercial.
John Hudson Trailers, of Bawtry, is forecasting strong growth over the next two years as the UK economic recovery drives demand for distribution and logistics services.
The firm, established in 1959, hires and sells HGV trailers to UK and international haulage companies. It also provides HGV breakdown assistance, spares, tachograph calibration and brake analysis for trucks, trailers and buses.
Clients include Prestons of Potto, Kingspan, Select Plant, Martrain, Ryder, UK Coal, West of Scotland Storage and the William Hare Group.
The firm’s managing director is the son of the founder, while three other current directors are grandsons. It now has a team of 50 staff operating on a seven-acre site.
Director John Hudson said: “We have seen a very strong increase in demand for our services and believe now is the perfect time to make this sort of investment. The business is very well positioned to capitalise on positive UK economic growth and I’m confident that the experienced team here will be able to fully meet the firm’s aspirations.”
Andy Beale, relationship director, Santander Corporate & Commercial, said: “The demand for John Hudson’s product and services is driven by national demand for logistics and this is forecast to increase over the next two to three years. Additionally, high capital expenditure costs are resulting in many haulage firms choosing to hire trailers rather than purchase them outright and this has seen an expansion in the firm’s activities. We are delighted to support the growth of this company.”