Online trading is booming – and with it business for parcel deliverers. DHL and its parent company Deutsche Post are among the winners. Despite the success, the company now wants to raise prices significantly.
Online retailing, of all things, makes Deutsche Post a winner. One of the winners of the corona pandemic . Among other things, an insane flood of letters caused the company with the yellow and black logo to grow by seven percent in the second quarter of 2021 despite the past negative years : 55 million letters sent. No, not in three months – every working day, reports the world . Added to this is the significant profit made by the DHL subsidiary.
The reason for the increase in letters sent is, however, the not newly discovered pen friendship between two private people. Rather, advertising and so-called dialog post from companies are said to have increased again. Despite the positive response, Deutsche Post wants to continue to raise prices. And that at the expense of the customer.
DEUTSCHE POST AIMS TO INCREASE POSTAGE
And despite the boom, costs are expected to continue to rise. As it is currently said, the Bonn-based group is aiming to increase postage to one euro. Currently you pay 80 cents for a standard letter within Germany. The fee has been in effect since 2019; At that time the postage fee was raised from 70 to 80 cents. The increase is not yet in the dry towels. The Federal Network Agency is currently still examining Deutsche Post’s application and plans to make a decision by autumn 2021. Should stamps become more expensive, the new prices will take effect from January 2022.
THAT IS BEHIND THE ADDITIONAL COSTS
Growth and a successful second quarter of 2021. How does that fit with the postage increase? Frank Appel, CEO of Deutsche Post, justified this at the company’s most recent general meeting with the fact that a long-term decline in letter mail is expected again. The effect is due to the pandemic. In the future, however, according to Appel,
online contact and e-commerce will dominate the market again, reports Die Welt.
In addition to the expected decline in demand, Deutsche Post also anticipates rising employee costs and higher energy costs. All factors added together thus justify the postage increase. However, the Federal Network Agency will only approve the price increase if this forecast – i.e. falling demand with rising costs – comes true.
In an international comparison, however, Deutsche Post’s fees are cheap. In other European countries, the average price for stamps is currently 1.16 euros.
