Logistics company Blue Dart Express Limited, which is part of the DHL Group, announced on September 30 that it will implement a general price increase (GPI), effective from January 1, 2025. The average price increase will be in the range of nine percent to 12 percent, depending on product variabilities and the shipping profile, the company informed via an exchange filing.
Customers signing up from October 1 to December 31 will not be impacted by the price increase, the company said in a stock exchange filing.
On September 30, Blue Dart's shares on BSE closed nearly 1 percent higher at Rs 8,171.05 apiece.
Notably, Blue Dart conducts a comprehensive review of its pricing structure every year. “This essential decision ensures the continued provision of quality service while fostering sustainable ecosystem collaboration,” according to the express air and integrated transportation and distribution company.
The pricing adjustments for 2025, which include inflationary adjustments and cost rationalisation, are designed to partly cover spiraling long-term costs, such as rising input costs to operations, including but not limited to airline operating costs and infrastructure costs, while also supporting customers with customised and seamless deliveries, Blue Dart Express added.
Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart, said, “As we step into 2025, we remain committed to delivering exceptional, reliable services. This price adjustment is essential for sustaining our operational excellence while continuing to offer solutions centered on the needs of our stakeholders. In conjunction with our annual price adjustment, we are also mobilising investments to expand our network, adopt the latest technologies, and enhance our service offerings. We are primed to capitalise on new opportunities and deliver even greater value to our customers and stakeholders.”
Blue Dart’s announcement comes days after Allcargo Gati announced a 10.2 percent average general price increase starting from January 1, 2025.
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