DHL Express plans to raise rates for shipments for U.S. customers by an average of 5.9% starting Jan. 1, effectively matching a FedEx Corp. price increase for next year in an action that will raise costs for parcel shippers.
“You have general inflation, we’ve got to cover for that,” as well as added infrastructure, such as planes, trucks and facilities, said Mike Parra, chief executive for the Americas for the unit of Deutsche Post AG.
