DHL has garnered a staggering reputation as the world’s leading express service provider. The company serves in almost all countries with over 380,000 employees working in over 220 territories. Yesterday, the company announced a 4.9% increase in shipment rate as a move to adjust its annual price. In a press release, the company announced that the new rate will be effective as of January 1, 2021.
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On the other hand, the company has also amended its surcharge fees. The new fee will be effective at $95 per overweight piece, and $195 per non-stackable pallet. According to DHL, the price adjustment came to improve their state-of-the-art service functionalities. As the global leader in express service provider, DHL hopes to create an impeccable customer experience. The price adjustment will allow the company in enabling its infrastructure quality to ensure world-class customer satisfaction.
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Market Situation
The company has heavily invested in aircraft fleet renewal and improving its global hub. This is due to the rising demand for logistics expertise in the e-commerce market. As per DHL, the company adjusts prices annually focusing on factors such as inflation, and regulatory & security-related administrative costs. The company believes that these advancements and readjustments will help all the stakeholders integrated with DHL.
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DHL serves as a one-stop logistics solution in each of the 220 countries and territories that they serve in. From express deliveries catering to local and international markets, to supporting international supply chain management, DHL serves across each logistical layer, worldwide.
In regards to their latest price adjustment, Md. Miarul Haque, MD, DHL Express Bangladesh recently said,
“Supporting our customers in reaching their business goals with individually tailored services according to the needs of their business is one of our main goals at DHL Express. To this end, we have been investing largely in our international network.”
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