NewswireTODAY - /newswire/ - Cologne, Germany, 2006/06/01 - Axis, the German subsidiary of the swapbody, truck and trailer contract hire group Intermodal Resource plc, announces that it has secured a £0.4m contract to supply DPD Swiss with 62 new swapbodies over a 5-year period.

The units will be produced in Regensburg, Bavaria by RETA GmbH and will be equipped with rollershutterdoor, telescopable legs and DPD decals. DPD Swiss are due to receive delivery in early July 2006, and Axis has been appointed to oversee maintenance for the life of the contract. All units will be insured against everyday damage.

Axis has worked with DPD Germany for nearly eight years and currently supplies 30 swapbodies to this franchise. Founded in 1976 as an alternative to the global integrators and traditional postal services, DPD is one of Europe’s leading parcel services with more than 470 DPD depots in over 30 countries. DPD’s major shareholder is GeoPost who regroups the main French and European parcels trademarks of the La Poste group.

Chief Executive, Robert Montague commented:

“We are pleased that our relationship with DPD in Germany has extended to Switzerland.

“DPD is a key player in the courier, express, and postal industry and holds numerous partnerships with other major operators resulting in this 5-year deal not only providing further visibility in our business but further strengthening our position in the swapbody market."

Axis is part of Intermodal Resource plc, the AIM listed equipment contract hire group which services the transport and logistics industry in the UK and across Europe. The Group currently has 3,000 assets under management.

A swapbody is a standard steel freight container on legs which can be picked up and dropped off by trucks without the need for cranes.

Agency / Source: Axis Intermodal Plc

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