DHL Express Malaysia Announces Average 4.9 Percent Price Increase

DHL Express Malaysia today has announced a price increase by an average rate of 4.9%, while surcharge for overweight pieces and non-stackable pallets will be adjusted to RM410 per piece and RM840 per pallet. These adjustments are slated to be made effective by January 2022.

According to the company‘s official statement, the change is part of its annual price adjustments, which takes into account inflation and currency dynamics. It added that this also includes administrative costs related to regulatory and security measures that are regularly updated by national and international authorities in over 220 countries and territories that DHL Express serves.

“The annual price adjustment enables us to further develop our infrastructure while allowing us to apply state-of-the-art technologies and individual delivery processes to ensure best-in-class customer solutions,” said DHL Express Malaysia & Brunei Country Manager Julian Neo. “In response to the increased demand for logistics expertise due to rising item volumes in the e-commerce market, we have invested heavily in the renewal of our aircraft fleet as well as our global hub and gateway network.”

According to a comment to Bernama, Neo detailed that the company will use this opportunity to upgrade its fleet with the latest aircraft and vehicles, as well as expand its hubs and gateways. This would enable it to increase its overall capacity, as demands for the fastest possible cross-border shipping continues to grow.