-- Single connection and common customer experience across multiple trading partners key factors in growth --
Parsippany, NJ, October 24, 2011 - INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, has reported that e-commerce usage in ocean shipping has reached an all-time high, showing an increased demand for streamlined and optimized business processes throughout the industry. INTTRA reported a record-breaking two million container orders initiated through its portal per month for the past two months, and is expected to process more than 22 million container orders in 2011, representing more than 14% of global container trade.
INTTRA reports that China continues to show the highest number of container transactions per month, as well as year-over-year increases in e-commerce usage. Significant increases in e-commerce usage have also been reported in the U.S., as well as in three of the top ten emerging markets, including India, Chile and Indonesia.
"I am pleased to see e-commerce adoption continue to grow throughout global markets. This growth reinforces the benefits of increased efficiencies, improved data accuracy, and collaboration with trading partners," said Ken Bloom, CEO of INTTRA. "INTTRA customers gain operational efficiencies throughout their supply chain and are able to quickly and easily access information to improve visibility to shipments and decision making.
"With more than 80% of the world's TEU capacity represented by the carriers on the INTTRA network, we will continue to provide the ocean freight industry with the quality of data and business insight needed to effectively manage their business and serve their customers," said Bloom. "Through increased communication and collaboration with industry partners and customers, global shippers are able to better manage their supply chain and improve business performance."
INTTRA is a leading global provider of e-commerce solutions to the ocean freight industry. INTTRA professionals work with over 30 leading carriers and NVOCCs, as well as their customers, to streamline and standardize their shipping processes worldwide through a network of more than 25,000 corporate locations. Over 450,000 container orders are initiated on the INTTRA platform each week, representing more than 14 percent of global ocean container trade.
INTTRA, the INTTRA logo, INTTRA-LINK, INTTRA-Desktop, INTTRA-ACT are trademarks or registered trademarks, service marks or registered service marks of INTTRA, Inc. All other product and company names mentioned herein may be trademarks of their respective holders.