City link boosts depots
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• Express parcels operator City Link Transport is on target to finish its 1986/87 financial year in October with a turnover in excess of 210 million, and it plans to extend its network to over 40 depots during the next two years.
Group marketing director Michael Farback says that so far during 1986/87 City Link has increased its turnover by 45%, compared to the same period last year. According to Farback that growth will continue next year.
There are now 36 City Link franchised offices, of which nine are owned by City Link Transport Holdings, while the remaining 27 are operated by independent franchise holders.
Farback says that City Link is considering opening eight more offices, although these will be established by subdividing existing franchises. Four of the planned new offices are expected to go to independent franchise holders with City Link holding the remaining four, investing an initial 2140,000 in their development.
City Link makes extensive use of British Rails' Red Star parcels service for the trunldng of its parcels, and Farback reports that the company is now the largest Red Star customer in the UK.
12 Independent franchise holder City Link-Milton Keynes has purchased the freehold of an additional 185m2 depot at Bedford, which is in its existing operating area. The latest site will be known as City-Link Bedford and will offer the same parcels service, but specifically in the Bedford area.