Pakistan Post has increased the rates of parcel delivery by up to 80%. Pakistan Post has fixed new rates of Rs. 100 for parcels up to 250 grams and Rs. 204 per kg for parcels up to 1 kg. Rs. 607 per 5 kg and Rs.1010 per 10 kg. Moreover, the delivery rate of 15 kg parcel has been fixed at Rs. 1613.
It may be recalled that Pakistan Post has been profitable for the last few years, it was reported earlier that Pakistan Post’s revenues jumped to 16bn in the last two years. The company has now raised the parcel prices by 80 percent could seriously affect its revenues as other players in the market would regain its position which could directly affect the company’s revenues.