DHL EXPRESS ANNOUNCES ANNUAL PRICE ADJUSTMENTS FOR 2023 IN SINGAPORE

Average rate increase of 5.9%, effective January 1, 2023

DHL Express, the world’s leading international express services provider, announced price adjustments today that will take effect on January 1, 2023. The average increase in Singapore will be 5.9%, compared to 2022.

“2022 has been another turbulent year with volatile market conditions challenging global trade. Nevertheless, we have proven our ability to provide stable and reliable services to our customers globally,” said Christopher Ong, Managing Director, DHL Express Singapore. “With the annual price adjustment, we are able to continually invest in our network, infrastructure, and technology to ensure resilient and sustainable world-class customer solutions. This includes adding state-of-the-art aircraft and vehicles, expanding our hubs and gateways, and decarbonizing our operations through solutions, such as Sustainable Aviation Fuel and electric vehicles, to meet increasing customer demands.”

Prices are adjusted on an annual basis by DHL Express, taking into consideration inflation and currency dynamics as well as administrative costs related to regulatory and security measures. These measures are being regularly updated by national and international authorities in each of the more than 220 countries and territories that DHL Express serves. Depending on local conditions, price adjustments will vary from country to country, and will apply to all customers where contracts allow.

A few of our optional services and surcharges will be adjusted and for more information, visit www.dhl.com.sg.