The adjustment is due to inflationary pressures to our cost base. In the last two years, headline Consumer Price Index (CPI) rates have risen 4.8% in the USA and 3.7% in Europe. Even so, we have been able to avoid raising our prices since April 2010. We achieved this in spite of our business being particularly exposed to rising fuel costs.
Please contact your Envirotainer sales account representative if you have any further questions.
These price increases are necessary to allow Envirotainer to continue to provide the high levels of service and support our customers are accustomed to.
Please refer to the attached letter for further details. Should you have any questions regarding the new standard leasing rate, please do not hesitate to contact us.
Envirotainer