DHL Express today announced a general rate increase of 4-5% in Europe due to take effect onDecember 1, 2008. The increase is in line with overall European inflation figures and has become
necessary amid rising operating costs.Scott Price, CEO DHL Express Europe said: “Inflation across Europe has been growingsignificantly since mid-May 2008. After having absorbed the higher cost base so far this year, therate increase is a necessary measure to adjust to the current economic situation. We are announcingour intention to increase prices early, in an effort to give our customers and partners theopportunity to adapt their own business planning for the year to come.”
All countries belonging to the Express Europe network will announce the price increase inline with their respective local inflation rates. DHL Express Europe evaluates the individualinflation rates in all countries on the basis of official sources at country levels, such asleading banks and central bureaus of statistics.
DHL Express in France announced a price increase on its ground express shipments of 5.9%coming into effect from 1 January 2009 and an increase of 4.2% on air express products to beintroduced on 1 December 2008.
