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Down comes rental rate

3rd January 1981
Page 6
Page 6, 3rd January 1981 — Down comes rental rate
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Which of the following most accurately describes the problem?

GILFLEX has responded to the recession by cutting its trailer rental rates and increasing its fleet.

It claims that demand for trailer rental will increase as long as economics remain as they are now, and it feels that this attraction will increase if it reduces its charges.

The company also is making an effort to contain expenses by concentrating on two depots — London and Manchester — rather than five as before.

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Locations: Manchester, London

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