Shipments from businesses to businesses will continue to be delivered. (Bernd Weißbrod/dpa/TNS)
DUSSELDORF, Germany — The Germany-based logistics company DHL will no longer deliver parcels worth more than $800 to private individuals in North America with immediate effect.
In a statement the company said the move, which is a reaction to the ongoing trade dispute with the U.S., is expected to last only a few days. “This is a temporary measure, and we will share updates as the situation evolves,” the statement continued.
The reason given for the suspension was the change in U.S. customs regulations, which lowered the threshold for formal import procedures from $2,500 to $800. This regulation has caused a significant increase in customs clearance costs.
Shipments from businesses to businesses will continue to be delivered, as will shipments from businesses to private individuals valued at less than $800.
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DHL is owned by Deutsche Post, which also operates Germany’s domestic letter delivery business.
DHL Supply Chain ranks No. 13 on the Transport Topics Top 100 list of the largest logistics companies in North America and No. 5 on the TT Top 50 Global Freight list.