DHL mulls pricing review
Freight-forwarder DHL Express said it is reviewing its pricing policies for the next two years.
This, after rivals United Parcel Service, Inc. (UPS) and FedEx Corp. have announced plans to increase their respective rates for package delivery service. Starting Jan. 1, 2007, UPS and FedEx express delivery unit FedEx Express will increase service rates by 4.9% and 3.5%, respectively for US customers.
For the local market, however, representatives from UPS and FedEx said the actual timeline and amount of service rate increase for the Philippine market are currently being prepared.
“As all businessmen must, DHL will periodically increase rates to reflect rising costs of operations as well as investment,” DHL Express Philippines country manager Lawrence Llamzon told BusinessWorld.
“At this time, we are evaluating our 2007 and 2008 pricing policies [to] reflect market conditions and most importantly enable DHL to continue to offer our market leading services,” Mr. Llamzon added.
Mr. Llamzon said the company will continue to build on the strength of its operations, through expansion of global reach, investment in technology and enhancement of network infrastructure.
