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DHL EXPRESS ANNOUNCES ANNUAL PRICE ADJUSTMENTS FOR 2023 IN HONG KONG AND MACAU

Press Release: Hong Kong, September 23, 2022

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 Hong Kong and Macau will be 5.9%, compared to 2022.

“So far, 2022 has been another turbulent year with a volatile market environment challenging global trade. However, we have proven our ability to offer stable and reliable services to our customers globally,” said Chee Choong Ng, Senior Vice President and Managing Director, DHL Express Hong Kong and Macau. “With the annual price adjustment, we are able to invest in our infrastructure and technology to ensure resilient, sustainable, and world-class customer solutions. It includes state-of-the-art aircraft and vehicles, expanding our Central Asia Hub at the Hong Kong International Airport to meet increasing customer demand, and investing in green and more sustainable solutions, such as Sustainable Aviation Fuel and electric vehicles.”

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.