RTH Lubbers said yesterday it was investing £2.8million in its Aberdeen-based transport fleet to meet growing demand for its oil and gas industry logistic services.
It added it had already spent £1.6million on 12 new lorries and 25 trailers this year, with a further £1.2million earmarked for investment in its fast-growing fleet during 2013.
The spending will see the UK truck fleet expand to 50 vehicles and take the total operated by Netherlands-based parent Lubbers Transport Group (LTG) to 260.
RTH Lubbers managing director Tony Tailford said: “There are encouraging signs of increased activity in the oil and gas sector.
“We continue to work with a broad portfolio of clients, particularly in the oilfield services sector.”
Mr Tailford said a large chunk of the firm’s profits each year were reinvested as part of an incremental growth strategy aimed at making it the market leader in the oil and gas industry.
He added: “We expect that this growth will lead to additional jobs being created in our Aberdeen operations base. We are well on the way to achieving this goal by building our client portfolio, based on our reputation for service, safety and reliability.”
Roughly half of RTH Lubbers’ 90-strong workforce is in Aberdeen, with the remainder operating from Newcastle and Great Yarmouth. The fleet expansion comes after a period of sustained growth, which resulted in turnover increasing by nearly 30% to £18million in 2011-12.
RTH Lubbers will take delivery of the first new lorries from its fleet investment next month.
LTG has also expanded its mainland Europe network this year, with new depots opening in Romania and Italy.