DHL Express to hike price by 6.9% from Jan

DHL Express to hike price by 6.9% from Jan

International express service provider DHL Express will effect an average price hike of 6.9 per cent for India starting January 1, 2016.

“Our annual price increase enables us to continue investing in our international time definite network and to maintain our leading service quality,”  DHL Express chief executive officer Ken Allen said.

DHL Express adjusts its prices annually, taking into account inflation and other rising costs, such as additional expenses related to compliance with enhanced security regulations, in each of the more  than 220 countries and territories that it serves.

“Our major investment announcements in 2015 have included new hubs in Brussels, Belgium, and Singapore, and an expanded American hub in Cincinnati, US. We are also continuing to invest in the Middle East and Africa and to add freighter aircraft,” said Allen.

“DHL’s annual rate increase is driven by the continuous investments made globally and in the country. These investments are to support growth and improve quality, despite the continuous impact of inflation and the depreciating rupee. We are committed to continuously improve our service quality to our customers," DHL Express India senior vice president and managing director RS Subramanian said.

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