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DHL Freight to hike LTL tariffs by up to 5pc in 2015
GERMANY's DHL Freight will to raise its domestic and international less than truckload (LTL) groupage tariffs by up to five per cent in 2015 to compensate for rising network operation costs,
The company said its main cost drivers included "severe wage increases caused by driver shortages, higher administration, insurance and environmental fees (eg MARPOL), the reduction of average shipment sizes and increased delivery frequencies," reported Lloyd's Loading List.
DHL said that since 2013, the company had invested "more than any other LTL groupage provider into automation, network quality and customer service."
CEO Amadou Diallo was quoted as saying: "With the significant external cost challenges this industry is faced with, the market players can only continue to provide shippers with the required quality and technology investments if some of the costs are passed on."
The company said its main cost drivers included "severe wage increases caused by driver shortages, higher administration, insurance and environmental fees (eg MARPOL), the reduction of average shipment sizes and increased delivery frequencies," reported Lloyd's Loading List.
DHL said that since 2013, the company had invested "more than any other LTL groupage provider into automation, network quality and customer service."
CEO Amadou Diallo was quoted as saying: "With the significant external cost challenges this industry is faced with, the market players can only continue to provide shippers with the required quality and technology investments if some of the costs are passed on."
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