- 23 September 2016
- Transport / Logistics Services
Commencing in January, DHL Express is to increase the price of its products by an average of 3.9% in Germany. No announcement has been made yet as to what increases are expected beyond its home borders.
The price increases will come into effect from the 1st January 2017.
Those DHL Express products that are offered via German Post Office branches will remain unaffected by these price increases, though customers coming to DHL Express from different routes will be affected.
Wolfgang P. Albeck, Country Manager, DHL Express Germany, commented: “Our prices reflect both the value embedded in our service and our uncompromising long-term commitment to service quality. In 2016, we announced a broad array of investments in our network, systems and people, committing more than €800m in capital expenditure during the year. Landmark investments include a €66m gateway in Tokyo, Japan, the launch of new automated sorts at our hubs in Cincinnati, U.S., Singapore and Leipzig, Germany, and the pioneering introduction of more efficient A330-300 cargo aircraft in our European air fleet.
“In 2017, we will maintain this rate of investment and continue to leverage our network to make our customers successful in their international trade activities.”
Just yesterday DHL Express international rival FedEx / TNT announced that it was to boost its own prices by a similar amount. With the acquisition of TNT, FedEx will have greater reach into the EU e-commerce market, that also has UPS as well as the medium players competing for the same Euros. DHL’s increase seem to be in line with its major international rivals.
Subscribe to Newsletter