SOURCE: INTTRA

INTTRA

September 09, 2015 09:47 ET

INTTRA's Marketplace Generates Record Volume in June, July and August, Outpacing Industry

PARSIPPANY, NJ--(Marketwired - Sep 9, 2015) - INTTRA, the world's ocean shipping electronic marketplace, today announced that the company achieved record transaction volume on its core platform during the last three months ending August 31, 2015. 

During that period, INTTRA processed a total of 8.7 million bookings and shipping instructions combined, an increase of 14% over 2014 levels. This compares to an increase in overall market volume of 0.4% in June 2015, as reported by Container Trade Statistics. Based on historical trends, INTTRA anticipates that its three-month, year-over-year growth will outpace the market's growth. 

Nearly one in four ocean containers -- more than 600,000 a week -- are booked through INTTRA's electronic booking and shipping instructions services, allowing shippers and freight forwarders to standardize their transactions on a single platform, saving them time, money and reducing errors. 

"INTTRA's platform brings customers significant benefits in ease of connecting to multiple shipping partners, standardizing their booking process and generating actionable analytics. It facilitates operational excellence that results in cost reductions and better customer service for carriers and shippers alike," said INTTRA CEO, John Fay. "This increase in year-over-year volume is the result of INTTRA's continuous focus on customer needs as well as recent enhancements to our products and services. We aspire to drive IT-based innovation in the shipping industry and create value for our growing list of clients."

About INTTRA

INTTRA is the world's largest, multi-carrier e-commerce marketplace for ocean shipping. INTTRA professionals work with 54 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 600,000 container orders are initiated on the INTTRA platform each week, representing 22 percent of global ocean container trade.

Contact Information

  • Press Contact:
    Bruce Corwin
    Director, PR & Corporate Communications
    INTTRA
    tel +1.973.917.1535
    Email Contact