DHL Express targets 5pc price rise

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Express carrier DHL Express plans to push up prices by an average of five per cent from 1st January.

CEO Ken Allen said: “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.”

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DHL said the industry has absorbed costs to comply with additional security requirements as well as facing general price inflation, quoting a recent ATKearney study which said: “Volumes for the industry have increased consistently in recent years, while revenue per shipment has not yet returned to 2008 levels.”

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