Major new carriers sign up with INTTRA

E-commerce platform for the ocean freight industry, INTTRA, has signed long-term agreements with Maersk Line, MSC, CMA CGM, Hapag- Lloyd and Hamburg Sud for e-commerce and professional services worth more than $100 million (R942m) over the next three years. The new contracts are part of a longer term strategy to expand INTTRA’s e-commerce services and products for carriers and their shipping partners, says chief executive officer Ken Bloom. “Since INTTRA launched eight years ago, it has lowered the average cost of key business processes for carriers by 60%. Today more than 260 000 container orders are initiated on the INTTRA platform each week, representing more than 10% of global ocean container trade. “INTTRA has logged increased year-on-year volumes and has grown in the last quarter by 12% as carriers seek to gain more cost savings from their business processes.”