Preston: GBA Logistics has acquired a new fleet of a compressed natural gas tractors with funding from HSBC.
It is the first major alternative fuels investment for GBA as it works towards a 2040 net zero target.
The vehicles will operate on specific routes in the north and east of the UK, with the potential to expand to other regions.
GBA has achieved the 2022 target of a 9% reduction in CO2 emissions from truck operations as a result of HSBC’s support. The company is keen to emphasise the importance of the investment towards its commitment to reduce carbon emissions by 50% by 2025.
Deena Hamilton, sustainability manager, GBA, said: “This is an exciting time at GBA as we make further additions to our existing two hundred vehicle-strong fleet.
“As part of our sustainability goals, we are committed to reducing our emissions and taking credible steps to invest in greener technologies. We look forward to further opportunities for decarbonisation as we drive towards a sustainable future.”
Jon Higginson, relationship director at HSBC UK, said: “The introduction of an alternative fuelled fleet to GBA’s services comes at an important time for the business as it moves towards more sustainable operations. It is fantastic to support their green initiatives and we look forward to seeing the wider positive impact this makes as the company continues to grow.”
The new vehicles at GBA have been funded with HSBC UK Equipment Finance, with support from Craig Onions, relationship director for Corporate Equipment Finance and Alex Wier, corporate account manager.
GBA Logistics provides time critical, temperature-controlled and high security transport. The business currently employs more than 400 staff and operates from 18 locations in the UK and on the continent. GBA’s GDP compliant pharmaceutical transport services take pharmaceutical raw materials and finished product; clinical trial shipments; ad hoc patient critical deliveries, with road collections and deliveries throughout Europe and Russia at -25°C to ambient.
