Picture of DX (Group) logo

DX. DX (Group) News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsAdventurousSmall CapNeutral

RCS - DX (Group) - Reopening of East Grinstead depot

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240318:nRSR1132Ha&default-theme=true

RNS Number : 1132H  DX (Group)  18 March 2024

 

DX Group

("DX" or "the Group")

Reopening of East Grinstead depot

 

DX, a leading provider of delivery solutions, including parcel freight, secure
courier, 2-Man, and logistics services, is pleased to announce the expansion
of its Freight division with the reopening of the East Grinstead depot.

The reopened depot located on Imberhorne Lane is 14,000 sq ft with a
purpose-built cross dock. The depot has been reopened to accommodate the
continued growth in the DX Freight 1-Man division, which specialises in parcel
freight and in particular awkward-to-handle freight (irregular dimension and
weight ("IDW") items.

This depot provides additional capacity in the area, and will improve
operational efficiencies, reduce stem mileage, carbon emissions and enhance
customer service levels, a key focus for the Group. The DX Freight operation
remains a key area of growth for the Group and further capital investment is
planned over the remainder of the year to support this.

Paul Ibbetson, Chief Executive Officer of DX Group commented,

"We are delighted to have reopened the East Grinstead depot. It will provide
our Freight operations with greater capacity and increase capability in the
area. It also helps to make us more efficient and reduces our stem mileage,
which in turn will lower our overall carbon emissions. We continue to focus on
setting market-leading service standards.

 

"We have invested significantly in our depot network over the past few years
and will continue this programme across the Group, including IT, vehicles and
equipment."

 

Enquiries:

 DX Group                                    T: 020 3178 6378 (c/o KTZ Communications)
 Paul Ibbetson, Chief Executive Officer
 David Mulligan, Chief Financial Officer

 KTZ Communications                          T: 020 3178 6378
 Katie Tzouliadis/Robert Morton

 

About DX Group:

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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRASFDFMIELSESD

Recent news on DX (Group)

See all news