DHL Express announced on Thursday a general average price increase throughout Asia Pacific, effective January 1, 2014.
The median average increase for the region will be approximately 5 percent. In the Philippines, the average price increase for Time Definite International products will be 3.9 percent.
“Our annual price increase is targeted first and foremost at ensuring a competitive, sustainable value proposition for our customers,” said Ken Allen, chief executive officer of DHL Express.
“Through this process, we are able to maintain a competitive cost base while at the same time investing in the quality of our network. In 2013, for example, we have added capacity to our air networks in all regions, inaugurated our expanded Americas hub, and continued to invest in our Certified International Specialist training and development program for all employees. These investments benefit customers in every country that is shipping internationally,” he added.
DHL Express adjusts its prices annually, taking into account inflation and other rising costs in each of the more than 220 countries and territories that it serves. Price adjustments will vary from country to country, depending on local conditions, and will apply to all customers where contracts allow. For more information, visit www.dhl.com.