DHL Express, the world's leading express service provider, yesterday announced a 4.9 per cent increase in shipment rates as part of its annual price adjustment.
The new rate will take effect from January 1, 2021, the company said in a press release.
Further, the surcharge for overweight piece and non-stackable pallet will be adjusted to $95 per piece and $195 per pallet. This is to continuously ensure the resilience of its network and constantly maintain high service standards.
"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," said Md Miarul Haque, managing director of DHL Express Bangladesh.
"The annual price adjustment enables us to further develop our infrastructure while allowing us to apply state-of-the-art technologies and individual delivery processes to ensure best-in-class customer solutions."
In response to the increased demand for logistics expertise due to rising item volumes in the e-commerce market, the company has invested heavily in the renewal of its aircraft fleet as well as its global hub and gateway network.
"These and future advances will help us, our customers and partners, make a significant contribution to improving our ecological footprint," said Haque.
Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics such as administrative costs related to regulatory and security measures.
These measures are updated by national and international authorities on a regular basis in each of the more than 220 countries and territories that DHL Express serves.
DHL is the leading global brand in the logistics industry. It offers logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfilment solutions, international express, road, air and ocean transport to industrial supply chain management.
DHL is part of Deutsche Post DHL Group. The group generated revenues of more than 63 billion euros in 2019.
DHL Express has been operating in Bangladesh since 1979. Initially, it ran through agent operations before opening a full-fledged subsidiary in 2008, in an endorsement to the country's growing importance.
It handles around 70 per cent of all inbound shipments, thus becoming the largest international air courier in the country.
DHL Express Bangladesh delivers time-sensitive and high value but impactful small parcels and documents within a short time, which support trade facilitation and manufacturing. Currently, it employs more than 550 people.