- The logistics company adjusts its prices every year.
- “The annual price adjustment allows us to invest in our infrastructure and technology to ensure resilient, sustainable and world-class customer solutions,” says
DHL‘s RS Subramanian.
Logistics company DHL said on Friday it had increased prices for its services by at least 7.9%, effective January 1, 2023.
The logistics company adjusts its prices every year – it had increased its prices by 6.9% by 2021. The company said the price adjustment took into account several factors, such as inflation, currency dynamics and administrative costs associated with regulatory and security measures.
The price adjustment takes place annually in 220 countries. “Depending on local conditions, price adjustments will vary from country to country and will apply to all customers where contracts permit,” the company said.
“With the annual price adjustment, we are able to invest in our infrastructure and technology to ensure resilient, sustainable and world-class customer solutions,” said RS Subramanian, SVP South Asia,
On September 15, the company announced that it would invest €500 million in
With this investment, it will also own and operate large multi-client locations in India, adding 12 million square feet of storage space to the group’s existing portfolio.
The increased storage capacity is intended to effectively cater to growing sectors such as e-commerce, retail, consumer, life sciences, technology, engineering and manufacturing, as well as the automotive industry, the company said.
Home Loans Grow Faster in Tier 3 and 4 Districts, Thanks to WFH: SBI Report
Accenture’s disappointing Q1 and FY23 forecasts point to more pain for the IT sector