Following the announcement earlier this year that home delivery specialist Parcelnet will be integrated into a new international logistics business, the company has today outlined a number of strategic business plans designed to support its future development. In particular, the company is intending to  make a number of major investments over the next six months, including the opening of a purpose-fitted hub and the transfer to a new head office building, and scale down existing fulfillment commitments to focus on its core home delivery business.

 The new hub will be located in Nuneaton and is scheduled to be opened in mid-2009, creating over 100 jobs. This facility is expected to absorb volumes from existing facilities in Bradford and Peterborough, becoming the central access point for Parcelnet's home delivery operation and enabling the company to enhance the services available to its customers, including the development of a next-day delivery offer. Elsewhere, Parcelnet has further strengthened its depot network with the opening of a new 38,000 sq ft depot in Weybridge to handle projected growth in London and the south east of England.

 Plans are also currently underway for a new head office building that will be located in the Leeds area. The move, expected to take place in the second quarter of 2009, will see the company transfer from its existing head office in Bradford that it shares with other businesses within the Otto Group. It follows previously announced changes in the company's reporting structure and will enable Parcelnet to better meet future business objectives.

 Parcelnet has taken the decision not to retender for the fulfillment work it currently handles on behalf of several high street and home shopping retailers.  The company will continue to provide home delivery services to those businesses affected, but phase out fulfillment activities as current contracts expire. 

Carole Woodhead, Managing Director at Parcelnet, said: "Parcelnet's longer-term vision is to concentrate investment and expansion activities on its highly-successful distribution business where we see significant opportunities. These measures are designed to secure our future success particularly during these difficult economic times."

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