DHL Express Europe announces general rate increase
01 Oct '08
1 min read
DHL Express Europe announced a general rate increase of 4-5%, due to take effect on December 1, 2008. The increase is in line with overall European inflation figures and has become necessary amid rising operating costs.
Scott Price, CEO DHL Express Europe said:” Inflation across Europe has been growing significantly since mid-May 2008. After having absorbed the higher cost base so far this year, the rate increase is a necessary measure to adjust to the current economic situation.
We are announcing our intention to increase prices early, in an effort to give our customers and partners the opportunity to adapt their own business planning for the year to come.”
All countries belonging to the Express Europe network will announce the price increase in line with their respective local inflation rates. DHL Express Europe evaluates the individual inflation rates in all countries on the basis of official sources at country levels, such as leading banks and central bureaus of statistics.