The German express and courier service provider GO! is raising its standard prices by an average of 5.8% with effect from 1 February 2020.
With this price adjustment, the company said that it is responding to general cost increases and laying the foundation for the planned investments in the current business year.
GO! is continuing to expand its capacities in response to steady growth, including a doubling of consignment volumes over the last 10 years, and investing strongly in personnel, infrastructure and process optimisation.
“With our diverse, flexible services, top delivery rates and very low damage rates, we make a decisive contribution to our customers’ success,” explained managing director Ulrich Nolte.
“In order to safeguard the high quality of our performance and ensure that we are well-positioned to meet our customers’ future requirements we are again planning substantial investments in 2020. This will enable us to continue to shape our own and our customers’ business success going forward.”
Over 3,000 couriers and more than 1,400 employees currently work for GO! Express & Logistics. In order to retain them, offer ongoing training to qualify them for new market demands and hire new colleagues to support them, the company needs to budget for substantially higher personnel expenses in the new business year.
In addition, tougher environmental standards demanding sustainable new solutions, for example, modernising the vehicle fleet or using urban cargo bikes, entail additional costs and expenditure that will have to be offset by price adjustments. Other cost drivers are increased spending on energy provision and insurances and higher investment in IT infrastructure and IT security.
GO! Express & Logistics claims to be Europe’s largest independent provider of express and courier services with more than 100 stations, mostly in Germany, and delivers more than 7.5 million consignments per year.
