Vehicle transporter invests in a greener future
DMN Logistics, which transports commercial vehicles around the country, has invested in a new transporter vehicle in an effort to reduce its emissions and deliver more electric vehicles.
The Digbeth firm has used an asset finance package from Lloyds Bank to purchase the new vehicle which is compliant with the clean air zone in Birmingham city centre. It has the capacity to carry the same load as the firm’s three previous vehicles combined and will emit half the amount of carbon.
With the new transporter in its fleet, DMN expects to deliver around 12,500 electric vehicles in 2022 and has plans to increase its capacity.
Nick Chadaway, managing director at DMN Logistics, said: “Sustainability is high on the agenda for all our customers so it is important to ensure that we can keep up with that demand. Our new vehicle will help us to do just that, whilst also reducing our own environmental impact in the process.”
During the pandemic, the firm’s services came to a halt as more businesses had to reduce their operations. As a result, it furloughed its employees and had to reduce the work outsourced to more than 100 self-employed workers.
It received a £550,000 Coronavirus Business Interruption Loan (CBIL) which enabled DMN to continue paying all of its outgoings such as rent payments and put the company in a position to restart its operations as lockdown restrictions eased and demand for its services returned.