DHL Express, a division of German postal and logistics giant Deutsche Post DHL, said it will implement a global price increase for 2013 of 5 percent on average.
The price hike will take effect from January 1, 2013, DHL Express said in a press statement.
The specific price adjustments will vary from country to country, and will be announced “in due course,” added the world’s leading international express services provider.
The company said it bases its annual rate increases largely on general price inflation, as well as on regulatory measures that specifically impact express costs, such as additional security requirements, and investments in service quality.
“The price increase that DHL Express is putting in place globally for 2013 is aimed at offsetting rising costs, including external costs that are out of our direct control and cannot be compensated through productivity improvements or economies of scale,” said Ken Allen, CEO of DHL Express.
He added, “We are introducing our rate adjustment for 2013 with a clear focus on maintaining our value proposition. Our annual price increase is an important factor in maintaining the significant investments we make in our global network.”
