Haulage firm XS brings operations together

A Scottish haulage company has centralised its business in Grangemouth in a bid to boost turnover, thanks to a six-figure funding package from Bank of Scotland.

Formerly Denny-based, XS Transport has acquired a 250,000 square foot site, moving its three depots from across the Central Belt to a single hub in Grangemouth.

The firm was established in 2011 with one van. It now operates 15 trucks and plans to introduce five more in the next 12 months.

In 2018, the business generated an annual turnover of £3 million. Plans are now in place to increase this by 30 per cent over the next two years.

MD Alan Taylor said: “Finding ways to increase our productivity is key and will be critical to us becoming more resilient.

“By consolidating the business, it has enabled us to create a central hub with improved transport links that will reduce our carbon footprint, store more products and ultimately, take on more contracts. We have recently secured some lucrative contracts.”