TNT moves into former City Link depot
TNT is to move into City Linkās former London depot following a multi-million pound investment in the facility, with the site due to be fully integrated by April.
The express operator has taken a ten-year lease on the site in Bermondsey, which faced closure when City Link went into administration in December.
TNT has already set out plant to open a āsuper-depotā in Swindon, a move expected to create up to 200 jobs.
Simon Harper, TNT UKās director of operations, said: āThis investment fits in with our Outlook Strategy through which we are continuing to review and invest into our network infrastructure and automation so we can operate at cost competitive levels.ā
*Volvo has agreed a three-year contract renewal with TNT for pre-market and aftermarket delivery services, continuing a 20-year relationship between the two firms. Under the agreement, TNT will continue to be responsible for Volvoās European emergency production movements.
In addition, TNT will handle parts distribution to Volvo dealers throughout Europe.