Freight company taps into growing market with major fleet investment

A FLEET of 20 new trailers and five new heavy goods vehicles has been acquired in a major investment by a South Yorkshire distribution business to capitalise on growing activity throughout the UK and Europe.

The vehicles have been acquired in a £750,000 investment by Tapfreight, based in Barnsley, after receiving funding from Yorkshire Bank as part of its Investing for Growth initiative.

The trailers conform to the latest European Code XL safety design standard and the five HGVs comprise one 26-tonne rigid curtain sider and four articulated units all of which are for mixed UK and European use.

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Tapfreight, founded in 1989, specialises in UK and European transport and the warehousing of palletised freight for the chemical, pharmaceutical and associated industries, particularly hazardous goods. The business also carries general palletised freight throughout the UK and Europe and is a member of the United Pallet Network and the Hazchem Network.

Managing director Bob Milton said: “We are enjoying good growth through our existing customers’ success and new business gained from our reputation for reliability. This further investment in modern equipment improves efficiency, reduces fuel consumption and cuts emissions, enabling us to maintain a professional image which is vital in the sectors we serve.”

Tapfreight has a fleet of 40 vehicles, 70 staff and a £6m turnover which it expects to increase by six per cent this year. It is also creating additional 2,000 racked pallet spaces and warehouse improvements at its headquarters.

Mike Procter, Yorkshire Bank South Yorkshire Financial Solutions Centre business partner, said: “Rigorous attention to quality of service is enabling Tapfreight to expand and invest for future growth and Yorkshire Bank is pleased to support the business.”