Opening of Deeside Depot
11/07/2023 07:00
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RNS Number : 5541F DX (Group) PLC 11 July 2023
AIM: DX.
DX (Group) plc
("DX" or "the Group")
New depot opening in Deeside
DX, a leading provider of delivery solutions, including parcel freight, secure
courier, 2-Man and logistics services, is pleased to announce further
investment in its depot network with the opening of a new depot in Deeside.
This is the first new depot opening in DX's new financial year, having opened
nine depots in the previous financial year, which ended 1 July 2023. It is
part of the Group's continuing evolution of its network in the North West and
North Wales regions, and follows DX's recent agreement to take on 15 sites
that were previously operated by Tuffnells Parcels Express Limited.
The new site in Deeside will serve the Group's Parcels operation, which is
part of the DX Express division and provides highly secure, tracked deliveries
both to businesses and consumers. The 9,900 square feet site is located on the
Sandycroft Industrial Estate, a well-established industrial estate, situated
to the east of Deeside town centre and only eight miles from Chester. It has
excellent local transport links, as well as very good access to the A55 North
Wales Expressway and the M56.
In addition to providing additional capacity, the new depot will further
improve the division's operational efficiencies, and further reinforce the
division's strong reputation for service, with earlier deliveries and later
collections, supported by local customer services.
Importantly, the new depot will be operated with a view to reducing carbon
emissions, with energy efficient lighting and other measures, it will also
facilitate a reduction in stem mileages resulting in lower fuel consumption.
Further investment in the depot network is planned for DX's new financial year
ending 29 June 2024, the final year of the Group's current three-year,
£20-£25 million investment programme. Alongside the substantial investment
in its delivery network, DX is investing in new fleet, including electric
vehicles, parcel-handling mechanisation, and new technology.
Paul Ibbetson, Chief Executive Officer of DX (Group) plc, commented:
"We have substantially expanded our depot network over the last two years and
this latest addition further increases our capability in the North West and
North Wales. It is also in addition to the 15 former Tuffnells sites that we
are in the process of taking on.
"As well as delivering additional capacity, the investments will ensure that
we maintain our very high customer service levels as we continue to grow the
business. Service is integral - and critical - to our ongoing successful
growth and development."
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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