For US account holders, DHL Express has announced a 5.9% general average shipment price increase that will go into effect on January 1, 2022. Optional services and surcharges will also increase.
“Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics as well as administrative costs related to regulatory and security measures. These measures are being regularly updated by national and international authorities in each of the more than 220 countries and territories that DHL Express serves.”DHL Statement
Furthermore, DHL said that depending on local conditions, price adjustments will vary from country to country, and will apply to all customers where contracts allow.
DHL Express Continues Investment in Future
The adjustments allow DHL Express to invest in its logistics network to be able to provide needed capacity growth as online commerce and global trade capacity demands grow.
Earlier this year, the company said its volume just within the DHL Express network increased 40% from 2019 to 2020, much of it due to the Covid-19 pandemic. However, DHL Express believes this growth has not stagnated and continues expand its operations globally with more infrastructure investments.
For example, in the Americas the company detailed several upgrades and improvements as part of a $360 million plan to expand its footprint in North, Central, and South America by 2022.
DHL Express will publish details of its US price adjustments soon and the average of 5.9% matches the same increase FedEx announced last month for US shippers.
UPS is expected to announce general price increases soon as well.
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