New hub and new depot opened
27/03/2023 07:00
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RNS Number : 9259T DX (Group) PLC 27 March 2023
AIM: DX.
DX (Group) plc
("DX" or "the Group")
Two new sites opened -
New Regional Hub in Merseyside and New Depot in Shropshire
DX, a leading provider of delivery solutions, including parcel freight, secure
courier and logistics services, is pleased to announce the opening of a new
regional hub in Merseyside as well as a new depot in Shropshire. The two new
units continue the substantial investment in the Group's delivery network, as
DX moves toward its target of opening six new depots and relocating three
depots in the current financial year.
The new sites will both serve the Group's Parcels operations - part of the DX
Express division - and provide highly-secure, tracked B2B and B2C deliveries,
backed by a strong focus on localised customer services. Parcel volumes at the
division have been growing strongly and remain a strategic area for expansion.
The site in Merseyside comprises over 33,000 square feet and is based in
Haydock on the newly redeveloped Connect Park. It will be a major hub and
depot for DX Express' operations in the North West of England and the existing
building has been extensively refurbished to fit DX's operational
requirements.
The site in Shropshire is located in Shrewsbury on Battlefield Enterprise
Park, and replaces an existing site in the area. This new depot is
substantially larger, thereby significantly increasing DX's capacity to meet
demand for its services in the area.
As well as supporting ongoing growth, the expansion of the DX Express network
will improve operational efficiencies and bring operations closer to
customers, reinforcing the division's highly responsive, locally based
services.
These openings are part of the Group's £20-£25 million investment programme,
with spending also allocated to new vehicles, including electric vehicles,
equipment, and IT.
Paul Ibbetson, Chief Executive Officer of DX (Group) plc, commented,
"Our Parcels operation is growing strongly and the significant investment we
are putting into expanding our delivery network will support further growth,
improve operational efficiencies, and further underpin high service levels.
The new hub at Haydock in Merseyside makes us operationally and commercially
more effective in the region; the relocation to a larger new depot in
Shrewsbury substantially increases capacity in that area."
Enquiries:
DX (Group) plc T: 020 3178 6378 (c/o KTZ
Paul Ibbetson, Chief Executive Officer Communications)
David Mulligan, Chief Financial Officer
KTZ Communications T: 020 3178 6378
Katie Tzouliadis/Robert Morton
About DX (Group) plc:
DX is a well-established provider of a wide range of delivery services to both
business and residential addresses across the UK and Ireland. First
established in 1975 as a Document Exchange service to the legal sector, DX now
provides one of the widest ranges of overnight delivery services in the
market, as well as logistics services. Items that DX transports range from
confidential documents and valuable packages to large, awkward-to-handle
freight, unsuitable for automated conveyor.
The Group operates through two divisions, DX Freight and DX Express.
· DX Freight comprises DX 1-Man, and Logistics/2-Man, with the Division
being only one of a small number of operators that provides an overnight
delivery service for irregular dimension and weight freight ("IDW").
· DX Express comprises DX Parcels and DX Exchange and Mail, with the
Division specialising in the express delivery, including pre-9am, of parcels
and documents.
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