DHL plans 2007 rate increases
Staff -- Logistics Management, 11/30/2006
PLANTATION—DHL Express, a provider of global express delivery and logistics, rolled out its new 2007 list rates earlier today.
These rates, which will be effective on January 1, 2007, include a 3.9 percent increase in the net average shipping rate for DHL Domestic Air Express and International Express and an average increase of 4.9 percent for DHL Ground shipments and for DHL@home, according to a press release issued by the company.
DHL added that the increase for air express and international shipments is made up of a 5.9 percent average increase in the base rates, which is offset by a 2.0 percentage point reduction in the Air fuel surcharge index.
Earlier this month, DHL’s competitors UPS and FedEx also announced they will be raising rates, effective January 1, 2007. FedEx will raise its rates by 5.5 percentthat will be offset by a two percent reduction in its fuel surcharge rates. And UPS will raise its rates by 6.9 percent, with a two percent reduction in its current fuel surcharge. Along with announcing its new 2007 rates, DHL also said it will add a new dimensional weight system for oversized gorund shipments. If the dimensional weight is greater than the actual weight, dimensional weight will apply to Ground shipments that are three cubic feet (5,184 cubic inches) or greater.And packages less than three cubic feet will be billed based on actual weight.
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