DX launches the first of eight new Parcel depots

RNS Number : 4287F
DX (Group) PLC
07 November 2022
 

7 November 2022

DX (Group) plc

("DX" or "the Group")

 

DX launches the first of eight new Parcel depots -

new site opened in Basildon, Essex

 

DX, a leading provider of delivery solutions, including parcel freight, secure courier, 2-Man and logistics services, is pleased to announce the first of eight new Parcels depots expected to be opened over the Group's current financial year ending 1 July 2023. The new depot will support the continuing expansion of the Group's DX Express division, which manages the Parcels operations.

 

The new Parcels depot is located in Basildon, Essex, on Paycocke Road, and will be exclusively dedicated to secure, next-day delivery of parcels and documents for both B2B and B2C customers. The site will primarily serve the Southend and Chelmsford areas, and complements DX Express' existing depot in Harlow. As well as increasing the division's parcels capacity, it will help to enhance service levels by providing customers in the region with more localised support.

 

DX Express's Parcels service has been growing strongly, with the last financial year showing double-digit growth. DX sees significant growth potential for its Parcels service and believes its emphasis on a locally-based, more personal service is an attractive differentiator in the marketplace.

 

DX is investing significantly to support the long-term growth of its two divisions, DX Express and DX Freight, and is currently in the second year of a £20-£25 million Group-wide investment programme. As well as directing funds towards expanding and upgrading its delivery network, DX is investing in new vehicles, including electric vans, equipment and new technology.  

 

Martin Illidge, Managing Director of DX Express, commented:

 

"The new depot in Basildon is the first of eight new DX Express sites planned for this financial year. They will help to support the continuing growth of our Parcels service, with the new site reinforcing our presence in Essex.

"An important element in growing our Parcels operation has been our model of providing a high-quality, more localised and personal service, and we look forward to further expansion, which the Group is supporting with significant new investment."

 

Enquiries:

 

DX (Group) plc


T: 020 3178 6378 (c/o 

Ron Series, Executive Chairman


 KTZ Communications)

Beverley Weston, Marketing and Communications Manager






KTZ Communications


T: 020 3178 6378

Katie Tzouliadis / Dan Mahoney



 

About DX (Group) plc

www.dxdelivery.com

DX is a well-established provider of a wide range of delivery services to both business and residential addresses across the UK and Ireland. 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 comprehensive logistics services. The business transports items ranging from confidential documents to large, awkward-to-handle freight that is unsuitable for standard conveyors.

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 or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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.
 
END
 
 
NRABKQBKABDDADK

Companies

DX (Group) (DX.)
UK 100

Latest directors dealings