Speedy invests £10m to meet demand for four-hour delivery service

SPEEDY has announced a £10 million investment in new products for its four-hour guaranteed delivery promise.

The hire giant said the move adds 25,000 new assets to the company’s most popular 350 products made available through the service, and will boost the availability of equipment from lighting towers to power tools and materials handling kit from the firm’s network of service centres.

Speedy revealed the firm has fulfilled 13,000 four-hour deliveries in the last 12 months, which represents a 30% year-on-year increase for the service. The company guarantees equipment to be delivered within four hours when ordered before 3pm, or customers receive a week’s free hire.

The £10 million investment follows the £27 million invested in new kit since September last year. A significant percentage of this was in sustainable products, including more sustainable battery powered equipment.

Dan Evans, chief operating officer at Speedy, said, “The growing demand for our four-hour delivery promise reflects the value it’s providing our customers, helping them to be more productive and complete projects on time by giving them quick access to essential site equipment. This latest investment boosts the availability of our top products throughout the UK. It provides our customers with the re-assurance that we can support them to get the job done on time, so that they can avoid costly delays to the projects they are working on.”