PARSIPPANY, NJ, USA / CMA CGM (America) LLC (Oct. 13, 2009) - CMA CGM, the world's third largest container shipping company, announced today that it is piloting INTTRA's Web-based eInvoice solution with select customers in North America. As the leading e-commerce platform for the ocean freight industry, INTTRA's system will enable CMA CGM and its customers to submit, receive, review and process invoices more efficiently and accurately. 

"Our customers in North America have welcomed this cost savings initiative," said Terry Grange, senior director, eCommerce, CMA CGM (America). "We anticipate that it will significantly help both our customers and CMA CGM cut down on the time and costs associated with the payment process."

CMA CGM's pilot program in North America marks an important milestone in the introduction of an industry invoicing platform for streamlining the submission, dispute resolution and payment processes for the ocean shipping industry. Until now, these processes included many manual steps that limited accuracy and increased operational costs. In addition, customers have had to navigate multiple systems across the industry when doing business with different carriers. With INTTRA's eInvoice system, CMA CGM's customers now are able to manage the time-labored process of invoicing with minimal paper handling in a more cost-effective way through one fully integrated solution.   

"INTTRA is pleased to be helping our customers streamline their invoicing process and find cost savings," said Ivan Latanision, INTTRA's vice president of product management. "CMA CGM is leading the way for its customers with the use of INTTRA's eInvoice platform."

About CMA CGM

As the world's third largest container shipping company, CMA CGM is dedicated to providing innovative and smart solutions to the transportation needs of its clients through its door-to-door services that combine maritime shipping with rail, river and highway transport. Operating a fleet of more than 360 vessels and serving more than 400 ports across the globe, CMA CGM recently became the third carrier to cross the 1 million-TEU capacity barrier. CMA CGM (America), headquartered in Norfolk, Va., provides 20 services in and out of North America and offers a global network to over 150 countries around the world from its network of 25 regional offices. For more information, please visit www.cma-cgm.com.

About INTTRA

INTTRA is a leading global provider of e-commerce solutions to the ocean freight industry. INTTRA professionals work with over 30 leading carriers to streamline and standardize their shipping processes worldwide through a network of over 20,000 corporate locations. Nearly 300,000 container orders are initiated on the INTTRA platform each week, representing more than 10 percent of global ocean container trade. For further information, visit www.inttra.com.


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