The Hindu Business Line : DHL launches trade advisory services

Bangalore April 16 DHL, the world's leading express and logistics company, announced on Monday the introduction of trade advisory services, which provides a host of facilities that will expand the comprehensive suite of products under the global DHL Global Trade Services (GTS) platform.

The new services complements other key features of the DHL Global Trade Services, which comprises importer and exporter of record services, customs brokerage services, and trade automation services, said a DHL release.

Since its launch in late 2006, Global Trade Services — used widely by both first time and experienced international shippers — has helped to facilitate cross-border trading by aiding businesses manage complex duty regulations, shorten lengthy business processes, and lessen the stress of global trade management.

Trade advisory services comprises four distinctive features covering supply chain security services, trade opportunity services, customs and trade capacity building services, and goods classification services.

Supply chain

Supply chain security services focus on two major security initiatives, including the US Customs and Border Protection authority's C-TPAT (customs-trade partnership against terrorism) and AEO (authorised economic operator), which is initiated by the World Customs Organisation.

Trade opportunity services leverages DHL's network of customs professionals and experience of operating in different markets to simplify trade processes.

It includes providing assistance, advisory and management activities for duty preference and origin programmes such as duty reduction and duty deferral schemes.

Capacity building

Customs and trade capacity building services help customers modernise the existing customs or import/export systems and procedures, as well as offer customs training programme to businesses to equip their staff with relevant technical knowledge to handle customs compliance issues and trade complexities.

Goods classification

Goods classification services leverages DHL's extensive global network of experienced customs clearance professionals to provide expert advice to businesses.

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