Fraikin has won a major three-year contract hire agreement with
express parcels carrier City Link.

The commercial vehicle lessor will supply City Link with 236
purpose-built Don Bur trailers, replacing the company’s entire
fleet of 222 double deck box trailers.

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The first 80 trailers are due to be delivered by the end of
December, while the remaining 156 will be built and delivered into
service by Fraikin during 2010.

The contract hire agreement includes the provision of tyres and
comprehensive breakdown support. Fraikin has also taken over the
fleet management responsibility for 119 trailers previously
maintained by another supplier.

All of the double deck box trailers being de-fleeted during 2009
and 2010 will be prepared for sale by Fraikin’s in-house used asset
team, with trailers ranging in age from two to six years.

Antonio Fabrizio

GlobalData Strategic Intelligence

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