DHL Express, the international air delivery service of DHL, will impose a 5.9% general rate increase on its U.S.-originating shipments in 2024.
The rate increase, announced Friday, takes effect Jan. 1. The increase is 200 basis points above the 7.9% increase that DHL Express imposed on shipments tendered during 2023.
The 2024 increase matches the 5.9% rate increases imposed by UPS Inc. (NYSE: UPS) and FedEx Corp. (NYSE: FDX).
The increases by the carriers apply to customers not tendering parcels through contractual relationships. The general rate increases are seen as a rough barometer of what shippers could expect to pay.
