K&N joins shipping portal

KUEHNE & Nagel has become the first freight forwarding and logistics company to invest in INTTRA, the multi-line seafreight services portal. The amount of the stake has not been disclosed. K&N joins CMA CGM, Hamburg Sud, Hapag-Lloyd, Maersk Sealand, MSC Mediterranean Shipping Company SA, and P&O Nedlloyd, which have collectively backed INTTRA. INTTRA provides forwarders and shippers with one-stop internet-based services. The web-based portal enables shippers, freight forwarders, third party logistics providers, brokers, importers and industry portals to manage the booking and tracking of cargo across multiple shipping lines in a single integrated process.