Shower manufacturer Triton has signed a deal worth more than £150,000 a year with City Link for the national distribution of customer parcels and the delivery of extended warranty mailings.
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Parcel delivery company City Link has taken ProLogis’ 75,310 sq ft DC3 warehouse at ProLogis Park Heathrow in West London.
City Link plans to invest £31 million in revamping its operating model in 2009.
City Link has pre-let a new 38,000 sq ft distribution hub at Welsh Industrial Partnership’s £7.5m Olympus development on the Central Business Park on Swansea Vale on a 15-year lease.
Petar Cvetkovic, the recently appointed chief executive of City Link, has set out the new senior management team.
Parcel delivery company City Link has taken a sub-lease on a modern warehouse at Silverstone Drive, Gallagher Business Park in Coventry from STP Group.
Weakening demand in the express parcels market has hit City Links recovery, parent company Rentokil Initial has revealed in its second quarter results.
Express carrier City Link is to open four new depots and extend two others
City Link has taken Glasgow City Council Pension Fund’s 37,933 sq ft warehouse at Ashburton Point in Trafford Park at an annual rental of £204,838 and GLP Properties’ 40,599 sq ft unit at Roman Way in Preston on a ten year lease at £4.25 per sq ft. Savill
Express operator City Link has reported a “positive impact” on service performance following the implementation of its seven-point recovery plan highlighted in its pre-close trading statement.
