April 10, 2014 09:00 ET

INTTRA Releases March Results of Ocean Shipping Information Quality Program

APL, MOL and UASC Are Latest Top 3 Carriers Leading in Status Event Data Quality

PARSIPPANY, NJ--(Marketwired - Apr 10, 2014) - INTTRA, the world's largest multi-carrier e-commerce network for ocean shipping, announced the March results of its ocean shipping information quality program, which reveals exclusive insight into the quality of carrier data provided by the global containerized shipping industry. The program, announced earlier this year, enables carriers to easily identify where data issues exist to drive systematic improvement of shipment information quality.

The March results identified the three carriers leading the way in providing the highest quality data: 1. APL; 2. Mitsui O.S.K. Lines (MOL); and 3. United Arab Shipping Company (UASC).  The rankings were derived from analysis into shipment status events matched with transport plans provided to shippers on the INTTRA network. This provides all carriers on INTTRA's global e-commerce platform with a full view into data quality using completeness of information, and data measured from specific event milestones, regions and ports/terminals. This month's top three carriers show the repeat appearance of APL and UASC, and the new addition of MOL.

"The delivery of high-quality data is a key element of INTTRA's strategic vision to drive enhanced supply chain shipment visibility in global trade," said Sandra Moran, Chief Marketing Officer, INTTRA. "We congratulate the three carriers who have ranked in our latest 'Top 3' listing, and are pleased to see MOL join their ranks through a focus on prioritizing data quality."

This month also saw continued industry-wide improvement in shipment completeness across all carriers. Since the program was launched in September 2013, the number of shipments containing the six key container status event messages currently measured has improved by 12 percent. For INTTRA carriers and shippers, this improvement means that information provided for an estimated 340,655 shipments has been improved as a result1. Information quality improvements remove significant operational costs for all parties seeking to use this data to make informed decisions and optimize supply chain logistics.

About the INTTRA Information Quality Program:
The program -- comprised of a monthly carrier scorecard, the INTTRA Insights Platform for Visibility, and INTTRA Ocean IQ professional service engagements -- was created in conjunction with ocean carriers to provide them with a standardized measurement system for global shipment data completeness, accuracy and timeliness. This provides all participating carriers with a monthly scorecard, as well as their carrier ranking report based on the information collected.

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INTTRA is the world's largest, multi-carrier e-commerce network for the ocean shipping industry. INTTRA professionals work with 52 leading carriers and NVOCCs, 109 software alliance partners, as well as their customers, to streamline and standardize their shipping processes worldwide through a network of more than 220,000 shipping professionals. Over 530,000 container orders are initiated on the INTTRA platform each week, representing 21 percent of global ocean container trade.

1 Based on internal INTTRA research measuring September 2013 figures to March 2014 figures.

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