DHL, StanChart sign multimillion contract

Express and logistics company DHL was awarded a two-year contract by Standard Chartered Bank (StanChart) to manage the bank’s international document and parcel express shipments globally.

The multimillion contract underpins StanChart’s endorsement of DHL as the exclusive provider for the bank’s global express services covering documents and parcels from the bank’s worldwide offices to destinations around the world.

StanChart’s requirements will be overseen by DHL’s global customer solutions (GCS) division, which was established in January 2004 to provide a single point of contact across all markets for DHL’s top global customers. DHL has a long logistical experience in providing services to various multinational customers in the financial sector.

“We are indeed delighted with this global contract from one of the world’s leading banking institutions. It represents a resounding vote of confidence from Standard Chartered in DHL’s geographical network, logistics infrastructure as well as our global customer solutions team,” DHL Express Asia Pacific Chief Executive Officer Scott Price said.

Located across the com-pany’s global network, the GCS teams coordinate all of DHL’s express, air, and ocean freight services as well as offer consultancy in solution development, implementation coordination, performance management, and access to global industry expertise.

The GCS teams based in Asia, Europe, and the United States are composed of front and back-end professionals such as global and regional customer managers and solution consultants.

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