DX announces proposed development of new regional hub in the East Midlands
Delivery company DX has announced its plans to develop a new £12 million regional hub and depot in the East Midlands to support its operations in the area.
The company says that the new depot will replace an existing freight depot in Nottingham. The facility will be on a 4.5-acre redevelopment scheme at New Stanton Park Industrial Estate.
Construction on the 25,000ft² hub is expected to be completed in Q2 2024. It will feature a raised dock and mechanisation.
Paul Ibbetson, Chief Executive of DX Group said: “The purchase of this site in Nottingham will enable us to create a major new regional hub and depot for our parcel freight operations and is in line with our plans to make strategic property investments.
“The investment will increase our capacity and drive efficiency improvements as well as enhance customer service. Further site openings and upgrades are planned as we continue to invest in developing the group’s network in line with our growth plans.”
DX is currently in the second year of its three-year investment programme, which will see £20-25 million spent on expanding its network of depots while upgrading equipment and technology.
Several new depots have been opened over the past year and the process of upgrading existing depots has already begun.
Source: logisticsmanager.com