Asset Alliance Group’s flexible approach and excellent customer service have been hailed by Northseal Scaffolding following a competitive four-way tender to supply the scaffolding company with the latest addition to its fleet. The new 26-tonne DAF CF rigid, with HMF 2820-K Crane and Space Cab, which has been supplied on a four-year contract hire basis,…
Grampian Truck Show makes its comeback in aid of good causes
Scottish trucking favourite, the Grampian Truck Show, is returning after a 13-year hiatus – this time as a not-for-profit event, raising money for local charities – Charlie House and STV Children’s Appeal. The event, which was last held in 2007, will take place on Saturday 18th April at the Thainstone Agricultural Centre and is being…
Poundstretcher spends with flexible and well-reputed Asset Alliance Group
Asset Alliance Group has secured its first full-service contract hire deal with popular high street store, Poundstretcher, supplying 10 new 26-tonne DAF CF rigids featuring rear-steering axles and Space Cabs, following a competitive tender. The discount retailer shortlisted Asset Alliance Group after a recommendation from an existing customer and awarded the contract to the commercial…
Southgate & Finchley Coaches refreshes fleet with Asset Alliance Group
Asset Alliance Group has funded seven new Volvo coaches with MCV bodywork for London-based Southgate & Finchley Coaches Ltd. The new arrivals, which can seat up to 53 passengers, will be used seven days a week for school contracts and private hire. The new B11R coaches with eVoTor bodywork, supplied on a hire purchase, are…
Tool specialist City Hire upgrades entire fleet with Asset Alliance Group
Asset Alliance Group has delivered 15 new Mercedes-Benz Sprinter 3.5 tonne light commercial vehicles with dropside bodies and tail-lifts to City Hire on a full-service contract hire basis, after impressing the team with its personal and transparent service. The vehicles, which will operate in and around London from the company’s Southall headquarters, will be used…
Asset Alliance Group supports further fleet expansion by PJH
Asset Alliance Group has supplied two new DAF XF 530 tractor units and eight 3.5 tonne Renault Maxi Low Loaders to bathroom and kitchen specialist PJH, as part of continued support to help the business modernise and grow. The new contract hire agreement follows last year’s multi-million pound investment by PJH in 63 new Euro…
DCP Haulage looks to Asset Alliance Group to provide latest fleet innovation from Mercedes-Benz
Asset Alliance Group has extended its relationship with DCP Haulage after supplying the Southampton-based business with a 2019 Mercedes-Benz Actros. The flagship 44-tonne tractor, supplied on a 36-month contract hire agreement, is fitted with MirrorCam, which replaces the traditional exterior rear-view mirrors, projecting footage from external mounted cameras on two 15-inch displays inside the cab.…
Law Distribution expands fleet with Asset Alliance Group
A combination of competitive pricing, fast delivery times and quality service levels has seen Asset Alliance Group win a competitive tender with logistics specialist Law Distribution. The deal for six new DAF XF tractor units will be supplied by Asset Alliance Group on a two-year full-service contract hire agreement. The commercial vehicle specialist was awarded…
Valley Finance acquisition expands Asset Alliance Group’s Bus and Coach Division
Asset Alliance Group has strengthened its presence in the bus and coach sector by acquiring Valley Finance, with owner and Director Tim Thornton joining the bus and coach division’s senior team. Thornton has more than 30 years’ experience in asset finance, including providing funding for some of the UK’s major bus and coach operators. He…
Hanbury Riverside relocates in response to customer demand
Premium used commercial vehicle specialist, Hanbury Riverside, has extended its reach by moving to a two-acre site near Ipswich to manage increasing demand for high spec, low mileage stock. The business, which was acquired by Asset Alliance Group last year, has a new sales office, an improved workshop and four times as much land at…
Asset Alliance Group helps pioneer alternative fuel for public transport
A fleet of bio-methane gas buses, funded by Asset Alliance Group, has significantly reduced carbon emissions in Bristol and is setting the trend for providing a sustainable way to travel. The m1 route, operated by HCT Group, under its British Community Transport (BCT) banner, uses a fleet run entirely on bio-methane gas generated from food…
Asset Alliance Group secures additional £20m, taking total fund to £175 million
Commercial vehicle specialist, Asset Alliance Group, has won fresh backing from Allied Irish Bank (GB) which has added £20 million to the company’s Asset Based Lending (ABL) facility. Asset Alliance Group first obtained a £75 million revolving ABL deal in 2016, led by NatWest and supported by HSBC. Further funds were awarded by the Clydesdale…
Reed Boardall grows double-deck fleet with Asset Alliance Group
Asset Alliance Group has won a new contract worth £3 million for 32 new double-deck refrigerated trailers with Reed Boardall, which operates one of the largest double-deck fleets in the country. Operating out of its Boroughbridge site, twelve 13.6 metre tri-axle double-deck Gray & Adams reefers join a 300-strong trailer fleet, with an additional order…
International distribution specialist Transol Logistics expands fleet with Asset Alliance Group
Asset Alliance Group has won a new business contract with road, sea and air transport distribution provider, Transol Logistics, due to its ability to deliver exemplary service, quick turnaround times and competitive pricing. The deal, to supply seven new DAF XF 530 tractors on a two-year, full maintenance contract hire basis, was the result of…
Cross Transport’s Amazon fleet supported by new order with Asset Alliance Group
Asset Alliance Group has delivered a fleet of 56 new tractor units to Cross Transport, for operation on its contract with leading e-commerce business, Amazon. The full-service contract hire deal, valued at approximately £4.5 million, sees the supply of a new fleet of DAF XF tractors with Super Space Cabs, replacing older assets. Dean Cross,…
Asset Alliance Group celebrates JMD Haulage’s four decades on the road
Liverpool-based JMD Haulage has marked 40 years of business by taking on its 75th truck – delivered with a special commemorative livery by the company’s preferred vehicle provider, Asset Alliance Group. The new Mercedes-Benz Actros 510 tractor unit with GigaSpace cab joins the fleet on a four-year full-service contract hire agreement, and is expected to…
Clean air zones could prompt operators to quit city centre accounts
A new report launched today (April 30th, 2019) by Asset Alliance Group reveals a majority of operators would consider quitting work for city centre-based customers should new urban environmental legislation prove too costly. Results from the Industry Monitor 2019 – a survey of managing directors, owners and senior managers of road transport operators across the…
Container specialist Cardiff Container Link expands fleet with Asset Alliance Group
A combination of competitive pricing, fast delivery times and outstanding service has seen Asset Alliance Group win a new supply contract with container haulage experts, Cardiff Container Link. The deal, to supply five new DAF XF 530 tractors on a two-year, full maintenance contract hire basis, was part of a tender issued by Cardiff Container…
Free report into the health of the road transport sector to be published at the CV Show
Asset Alliance Group is to publish its second annual report into the health of the road transport industry at this year’s Commercial Vehicle Show. The Asset Alliance Group Industry Monitor 2019 will explore business confidence amongst fleet operators, as well as attitudes towards key topics including low emission zones, alternative fuels, driver recruitment and autonomous vehicles. It will also provide an insight into firms’ fleet replacement plans for the year ahead and reveal operators’ major areas of concern for the future. …
Two new Directors appointed at Asset Alliance Group as part of continued expansion plans
Asset Alliance Group’s ongoing consistent growth in the commercial vehicle and general asset finance sectors has seen the business make two new senior appointments. Donald Wilson has joined the team in a new role as Group Risk Director while Richard Philpotts takes over an expanded position as Group Fleet Director. Wilson, 54, comes from a…
John McNally Haulage introduces new fleet with Asset Alliance Group
Asset Alliance Group has upgraded John McNally Haulage’s fleet by replacing the majority of the company’s owned vehicles with new, high spec Mercedes-Benz trucks. Finance specialist Asset Alliance has supplied the Lanarkshire-based haulier with eight Actros 510 6×2 GigaSpace tractors on a three-year full service contract hire agreement, while its sister company ATE Truck and…
Asset Alliance Group retains top Finance Provider title at prestigious Commercial Motor Awards
Asset Alliance Group has been named Finance Provider of the Year for the second year running at the industry-renowned Commercial Motor Awards. Judges singled out the business, which has almost doubled its lending facility this year to £145 million, for “growing fast by understanding the needs of operators”. The Wolverhampton-based company, which has additional bases…
Asset Alliance Group provides funding for a mix of vehicles for new logistics business
Asset Alliance Group’s flexibility in providing new and used trucks and trailers for sale and lease has played a crucial role in helping the launch of new chilled and ambient logistics provider Romac Logistics. The Group’s commercial vehicle funding division, Asset Alliance, supplied the Manchester-based company with 10 new Mercedes-Benz Actros 450 Big Space tractor…
Asset Alliance on target with new contract as Bullet Express upgrades its fleet
Asset Alliance has secured a major new deal with Glasgow-based Bullet Express, supplying 12 new DAF 6×2 tractor units and 11 new trailers on a three-year, full-service contract hire agreement. The distribution and logistics provider awarded the business to Asset Alliance following a competitive tender, favouring the firm’s honest approach to customer service and swift…
Asset Alliance wins first order from Scottish haulier Woody’s Express
Asset Alliance’s flexible approach to contract hire, excellent customer service and quick delivery times have been hailed by Scottish haulier Woody’s Express, following delivery of three new DAF 6×2 tractor units and five new Montracon tri-axle trailers on a three-year, full-service agreement. The Isle of Lewis-based firm found the rapid sourcing of replacement vehicles and…
Asset Alliance Group gains a South East base with the acquisition of Hanbury Riverside
Asset Alliance Group has expanded its UK presence by acquiring highly regarded commercial vehicle specialists, Hanbury Riverside, based in West Thurrock. The deal, which includes vehicle assets worth £17 million, gives Asset Alliance Group its first depot in the South East of England, complementing existing bases in Wolverhampton, Hampshire and Scotland. Hanbury Riverside is one…
Asset Alliance Group shifts up another gear by securing additional £70 million investment
Commercial vehicle specialists Asset Alliance Group has almost doubled its Asset Based Lending (ABL) facility to £145 million, after extending its existing funding as well as securing backing from two more banks. The Group first obtained a £75m revolving ABL deal in 2016, led by NatWest and supported by HSBC. It has now extended that…
Asset Alliance Group springs in to action for top bed business
The UK’s leading bed specialist, Dreams, has updated its fleet with a £2.5 million order from Asset Alliance Group. The deal includes 25 curtainsiders, 25 box vans and three double deck trailers – all manufactured by Montracon and taking Dreams’ total fleet to 137 assets. Asset Alliance Group has been working with Dreams for more…
Asset Alliance boosts its fleet offer with £35 million investment in Mercedes-Benz
Independent finance and leasing specialists Asset Alliance is expanding its vehicle stock with a £35 million order of more than 430 Mercedes-Benz trucks from City West Commercials. The major investment underlines Asset Alliance’s confidence in the market and strengthens the company’s position as one of the fastest growing finance and leasing businesses in the UK.…
Asset Alliance builds ‘life-saving’ 3.5 tonne Urban Crash Cushion demonstrator
Asset Alliance has extended its traffic management offer by building its first 3.5 tonne Urban Crash Cushion demonstrator, designed to offer increased protection to roadworkers on slower carriageways. Crash tested to 43 mph, the Verdegro Light Truck Mounted Attenuator (LMTA) is fitted to an IVECO Daily 7-person crew-cab chassis and has an 830kg payload capacity.…