DHL has introduced its Global Trade Services (GTS) platform, designed to simplify global trade management by managing complex duty regulations and reducing lengthy business processes.

DHL GTS has three distinctive features comprising Importer of Record (IOR) and Exporter of Record (EOR) Services, Customs Brokerage Services, and Trade Automation Services (TAS).

“This is a global initiative that is being rolled out in Asia Pacific to help a wide range of customers, from SMEs to MNCs, seize even more opportunities to do business worldwide,” said Scott Price, chief executive officer, DHL Express - Asia Pacific.

IOR and EOR Services: DHL acts as the importer on behalf of its customers for customs and regulatory purposes in any nominated country.

Customs Brokerage Services: Companies have access to DHL’s worldwide network of customs professionals through a single regional brokerage, regardless of the mode of transport or the carrier providing the transport.

DHL Trade Automation Services: Enables customers to interactively classify goods, screen restricted parties, and calculate import duties and taxes in advance of shipping. Other features include the ability to determine whether international trade regulations or restrictions are applicable to goods being shipped.

GTS was developed to meet the needs of DHL’s customers worldwide, with an initial roll-out in the Asia Pacific region.