* A hike of 15-20 % on air services
* A hike of 10-15 % on ground services
Mumbai, June 26, 2008: Blue Dart Express Limited, South Asia’s No. 1 integrated Air Express, Courier and Logistics Company has decided to revise prices in its air and ground services, owing to rising input costs.
The decision has come in the wake of the recently revised diesel prices, negatively impacting the cost of operations of the vast network of ground vehicles across the country. A greater impact is also being felt in its air express operations with crude oil prices moving up by more than 30% this year, to touch levels of $130-a barrel. A double-digit spiralling inflation is further adding to the woes, with cost of input services & products rising. The inflation has also led to an increase in the fuel prices, and other factors of the business.
Price hike expected in ground is in the region of 10-15%, while on air; it is expected to rise by 15-20%.
On this decision, Ketan Kulkarni, Head of Marketing, Corporate Communications & Sustainability, Blue Dart commented, ‘With the diesel price increase for the second time in a row this year, we are compelled to step up our tariff to mitigate the impacts. The spiralling cost of Aviation Turbine Fuel is another area of concern. We are in the process of implementing and communicating the revised rates to our customers. We are committed to providing our loyal customers world-class and innovative solutions for their distribution needs. As a responsible partner, to our clients, we are also looking at various measures to increase our operational efficiencies to remain our customers’ first choice.’
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About Blue Dart:
Blue Dart, South Asia’s premier courier, and integrated express package Distribution Company, offers secure and reliable delivery of consignments to over 20,800 locations in India.
As part of the DHL Group (DHL Express, DHL Global Forwarding & DHL Exel Supply Chain), Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and offers an entire spectrum of distribution services including air express, freight forwarding supply chain solutions & customs clearance. Blue Dart was selected as a Business Superbrand from over 1,699 brands. It also received the Readers Digest’s Most Trusted Brand Gold Award and is listed in the Dun & Bradstreet top 500 companies in India. The Blue Dart team drives marketplace leadership through its motivated people force, dedicated air capacity, cutting-edge technology, innovation, and value-added services to deliver unmatched standards of service quality to its customers. For further information, please visit our website at www.bluedart.com
For further information, please contact:
Krishnamoorthy R
Piyali R
Image Inc.
Blue Dart Express
9967067542
9322657983
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