DHL launches Global Trade Services (GTS) to simplify international trading
Suite of trade-related services and products boosts customers' businesses worldwideBonn, 11/16/2006, 10:30 AM CET
DHL, the world's leading express and logistics company, has further enhanced its renowned operational expertise with the introduction of its Global Trade Services (GTS) platform. This platform is designed to facilitate trading across the world by leveraging DHL's trade solution expertise to manage complex duty regulations, shorten lengthy business processes, and ease the stress of global trade management.
"This is a global initiative that is being rolled out in Asia Pacific, to help a wide range of customers, from SMEs to multinational corporations, seize even more opportunities to do business worldwide," said Scott Price, Chief Executive Officer, DHL Express - Asia Pacific. "Leveraging DHL's trade facilitation expertise, customers will be able to easily navigate even complex trade regulations as DHL's expertise helps them shorten previously lengthy business processes."
"DHL is not only committed to reducing the complexity, risks and costs of international shipping but also helping our customers do more business" said Dan McHugh, Senior Vice President of Commercial, DHL Express - Asia-Pacific. "With DHL Global Trade Services, we are able to support our diverse customer base, especially SMEs, with trade solutions above and beyond our core transportation offerings; this service will enable them to trade internationally with greater control, increased transparency and improved efficiency."
DHL GTS (www.dhl.com/gts) has three distinctive features comprising Importer of Record (IOR) and Exporter of Record (EOR) Services, Customs Brokerage Services, and Trade Automation Services (TAS).
Importer of Record (IOR) and Exporter of Record (EOR) Services
A highlight of GTS is the IOR and EOR Services, an innovative offering where DHL acts as the importer on behalf of its customers for customs and regulatory purposes in any nominated country, while customers continue to hold title to their goods without the need of establishing a legal presence in the respective country.
Customs Brokerage Services
The Customs Brokerage Services allows companies access to DHL's large and widespread network of Customs professionals to handle their Customs brokerage needs across the globe. This brokerage service is available regardless of the mode of transport or the carrier providing the transport.
Trade Automation Services (TAS)
DHL Trade Automation Services is a suite of trade information tools which allow customers to interactively classify goods, screen restricted parties, and calculate import duties and taxes (landed costs) in advance of shipping. TAS is available either as an on-line web application (www.dhl.com/tas) or as a set of Application Programming Interfaces (APIs).
GTS was developed to meet the needs of DHL's customers worldwide, with an initial roll-out in the Asia Pacific region. DHL will continue to work closely with customers on enhancing the current offering to fulfill the mutually beneficial objective of making cross-border trading easier.