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DHL raises prices for parcel deliveries, calling it unavoidable
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BERLIN (Reuters) – Logistics giant DHL will charge private customers more for parcel deliveries from July 1 as labour and transport costs have made price increases unavoidable, said the company on Monday.
BERLIN (Reuters) – Logistics giant DHL will charge private customers more for parcel deliveries from July 1 as labour and transport costs have made price increases unavoidable, said the company on Monday.
DHL, part of the Deutsche Post DHL Group, will increase the price to ship a parcel abroad by between 1 euro and 3.50 euros, excluding those bound for the United States, which, depending on the parcel size, will nearly double in price.
“The company is only partially passing on to customers what are in some cases steep increases in airfares and the substantial rise in costs charged by delivery partners abroad to Deutsche Post DHL for delivering merchandise items,” it said.
DHL added that even with the price increases, it would still remain below average parcel prices in Europe, based on a comparison published by the network regulator in November 2021.
($1 = 0.9546 euros)
(Reporting by Miranda Murray; Editing by Kirsten Donovan)
Logistics refers to the detailed coordination of complex operations involving people, facilities, and supplies. In the context of delivery services, it involves managing the flow of goods from the point of origin to the consumer.
A price increase occurs when the cost of a product or service rises. This can be due to various factors, including increased production costs, demand, or changes in market conditions.
Parcel delivery is the process of transporting packages from one location to another. This service is commonly used by businesses and individuals to send items domestically or internationally.
Transport costs refer to the expenses associated with moving goods from one place to another. This includes fuel, labor, vehicle maintenance, and other operational costs.
A delivery partner is a company or service that collaborates with another business to facilitate the transportation and delivery of goods. They often handle logistics and distribution for the primary company.
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