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NC-R invests £4.3m

18th October 1986
Page 20
Page 20, 18th October 1986 — NC-R invests £4.3m
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Which of the following most accurately describes the problem?

• National Carriers-Roadline is investing £4.3 million on replacement vehicles, new technology and property as part of its program to put the company back in the black by the end of the current financial year.

The latest investment follows the completion of NC-R's ten-month long staff reduction program which has brought the company's total workforce down from 4,500 to 3,000.

A money-back, guaranteed lOarn-next-day service is just one of a number of new delivery deals being offered by the company, along with guaranteed next-day and three day services, a non-guaranteed 3/5 day delivery scheme called Economy, and a special service for large or heavy goods called Jumbo Economy.

A 48-hour guaranteed door to-door service throughout Europe will be provided by European Express with delivery to Eire and all UK offshore locations.

The NFC parcels company expects the latest range of services to contribute to the turnaround in NC-R's profitability. According to a company spokesman, National Carriers Roadline is "hoping for a better than break-even return in the 1986/87 financial year".

Before NFC merged the National Carriers Parcels Divi sion and Roadline in February this year, the two companies were reported to be losing a combined .29 million a year. Confidence in the success of the merger is now demonstrated by the latest investment program.

NC-R is spending .0 million on improving its fleet. The Manchester branch recently took delivery of 80 new tractive units over a five to seven year cycle.

Several of the existing NCR depots are being upgraded or expanded as continued rationalisation of the new network goes on. The original number of 70 branches and outstations has been halved and the company is now concentrating its headquarters staff in a new site at Halesowen.

National Carriers-Roadline plans to spend 21.5 million on new computer equipment.

A further 000,000 is also being invested in mobile radios, fitted in the cabs of the company's collection and delivery vehicles.

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Locations: Manchester

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