Aramex raises Shop & Ship rates
Aramex revenues in the third quarter of 2012 increased to
AED 763 million, up 17% compared to AED 650 million in the corresponding period of 2011, and the net profits rose to AED 53.1 million, up from AED 48 million in the third quarter of 2011, representing an increase of 11%.
Effective tomorrow, Aramex will raise its Shop & Ship rates across the Middle East, apparently to offset some of the courier company’s rising costs, including in Qatar.
It is the third such increase in five years.
Read more: http://dohanews.co/post/40512361568/aramex-to-raise-shop-ship-rates-for-...
They have to be careful. Otherwise their rates will become too close to other shippers. Once that happens, they're doomed, because no one will pay such rates for such poor service.