AirCargo World Online
CAREER CENTER
BREAKING NEWS
Ocean Carriers in China Air Deal
Semiconductor Sales Grow
Toward $227B
Atlas Activity Declines
9.9 Percent
Global Air
Shipping
Weakens
Third fuel
charge cut
for NWA
DHL Plans Rate Hike
SUBSCRIBE NOW TO AIR CARGO WORLD
SUBSCRIBE NOW
Breaking News

DHL Plans Rate Hike

DHL plans to raise its express rates in the United States between 2 and 8 percent in 2006, keeping pace with price increases already announced by FedEx and UPS.

DHL officials told analysts at an investor meeting in New York that it plans to raise the prices even though the company is struggling to recover business it lost because of service problems following the integration of its new hub operations in Ohio.

The company "reiterated its desire to (raise) pricing and reduce the historical discount between its services and those of UPS and (FedEx)," the Morgan Stanley investment firm reported after the meetings with DHL.

DHL says it lost some $280 million worth of annual business in the fallout from its troubled hub integration. The company says it has recovered nearly half of that, with only about 10 percent coming back with added discounting.

A spokesman did not immediately return calls for comment.

 

 


Search AirCargo
World Online
 
powered by FreeFind
E-mail a friend:
Subscribe!
Enter your email address to join Air Cargo World Newsletter today!

HTML
Text       
AOL