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Investment

30th September 2010, Page 11
30th September 2010
Page 11
Page 11, 30th September 2010 — Investment
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Meachers Global expands its fleet

MEACHERS GLOBAL Logistics has spent £500,000 on 20 new trailers to deal with growing volumes.

The Southampton-based firm's investment follows the recent announcement of two new strategic partnerships: the first is with Red Funnel Distribution, where it will collect and deliver goods to Southampton port for Red Funnel

the !second is a substantial trunking deal with TNT, anflounced in August.

Stuart Terris, deputy MD at Meachers, says: -Since we rebranded a year ago from Meachers Group, customers have been alert to the fact that we offer more than just transport.

"1 would say 70% of our clients are now using more than just one service, compared with some 40% before the name change."