UK rates for DHL Express are to rise by an average of 4.9% as of the 1st January 2019, in part due to the projected fall in Sterling due to Brexit.

“DHL Express has been investing significantly in its international network to meet the highest expectations and to offer an even better service to customers globally,” said Ian Wilson, CEO, DHL Express United Kingdom.

“Particularly in the last few weeks and months, we focused on investing in hub expansions and new gateways in many markets and thereby boosted our shipment processing capacities per hour and reduced our transit times. We are always working on upgrading our regional and intercontinental air fleets, we are opening new facilities with automated sorting technologies and introducing innovative e-commerce service solutions for our customers worldwide. At DHL Express, we will also carry on doing everything we can to ensure the highest security and sustainability standards are in place for our network, complying with the requirements of our customers, partners and transport authorities.”

According to the company it adjusts its prices annually and takes into account inflation, expenses related to compliance and enhanced security regulations. Interestingly the price adjustments are also based on projected currency fluctuations and with Brexit looming Sterling is in for a particularly rough ride in the coming year…