KUALA LUMPUR: International express services provider DHL Express will increase the average price of its Time Definite International products in Malaysia by 4.9% from Jan 1, 2015.
The changes are in line with the rate adjustments for the products throughout the Asia Pacific, the company said in a statement.
"Our annual price increase will further assist in our commitment to expand Malaysia's connectivity to key trade lanes as well as provide enhanced capabilities to handle more inbound and outbound shipments in 2015.
"DHL Express will continue to support businesses in Malaysia by offering them the right tools and logistics solutions as they expand their footprints internationally and in-country," said managing director (Malaysia and Brunei) Christopher Ong.
CEO Ken Allen said the company's annual price increase would allow it to ensure excellent service and a competitive offering over the long term.
He said DHL Express invests around €500mil (RM2.06bil) a year for a world-class express delivery network.
Its major investments last year included new facilities in Malaysia, Japan, the Middle East and North Africa, and upgraded facilities across the UK and additional flights in all regions. – Bernama
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