Driver Hire reports record trading
Strong demand for its temporary drivers and other logistics’ staff right across its nationwide network saw the company’s turnover for the week climb to £2m. The previous best – which was set during hectic trading in the run-up to Christmas 2013 – was £1.95m.
“We’ve made history this week – a fantastic achievement,” says Chris Chidley, Driver Hire’s Chief Executive Officer. “Our success is being driven by a number of factors. There’s increasing confidence in the economy generally. As the vast majority of goods travel by road, whether it’s industrial or retail, there’s clearly increasing demand for drivers. And of course, the fact that we’re at the peak of the holiday season makes it easy to see why there is such massive demand for our services. ”
As well as success in its core business, Driver Hire’s subsidiaries are also creating records. Driver Hire Training is benefiting from the September deadline for Driver CPC training. As a result the majority of trainers at Driver Hire offices are at exceptionally busy, ensuring that their customers’ drivers – both customers and their own – complete the required 35 hours of vocational training. During July the network trained over 5,700 drivers and early indications are that August has been even busier.
The company’s eservices online offering is also adding significant levels of income. In particular, its most recently launched service, dh Licence Check, an online driving licence checking system, is proving to be extremely popular with customers. In less than six months since its launch, dh Licence Check is producing a revenue run rate of £300k. Driver Hire is predicting that this will have increased to £500k by the financial year end.
Driver Hire’s record week comes off the back of a flying start to the new financial year for the company. “Even before our record week we were 25% up on same time last year. That proved to be our best ever year, so understandably I’m very excited by where we could end this year,” Chris continues. “Our strong performance is based on much more than seasonal factors. Our brand has a great reputation within the industry. As a result customers across the country are clearly turning to Driver Hire, who they regard as the quality supplier they know they can rely on to deliver.”