INTTRA, the largest neutral electronic transaction platform in ocean shipping, processed 45 million containers in 2017 and has grown even larger after adding four new carriers to its network.
The continuing growth of INTTRA's carrier network signals the rapid adoption of digitalization across the industry.
Its most recent addition is Taiwanese carrier Evergreen Marine Corporation, the sixth largest by existing containership fleet, which recently announced it was introducing a paperless Bill of Lading.
More than 60 carriers, including all of the world’s top 10, are INTTRA customers.
John Fay, CEO of INTTRA, said: “2017 was a tremendous year for INTTRA, with container orders growing by 12%, and the company processing 45 million container orders on its platform.
“Our network growth, both in transaction volume and in participants, means we are no longer approaching the digital tipping point, the digital tipping point has arrived.”
President and CCO of INTTRA, Inna Kuznetsova, is a speaker at Port Technology's Container Terminal Automation Conference in London on March 14 – 15, 2018
Other carriers to recently join include Namsung Shipping, which provides shipping services throughout Asia, and Unifeeder, the largest feeder and shortsea platform in Europe.
Antillean Marine Shipping, which services Miami to Port-Au-Prince, Cap-Haïtien, Puerto Plata, and Rio Haina, as well as Intra-Island routes between the Dominican Republic and Haiti, intends to offer services over INTTRA's network by summer.
The carriers will be available on INTTRA upon completion of integration.
Learn how AI can power growth in the ocean container shipping industry by reading a technical paper by INTTRA
Inna Kuznetsova, President and COO, INTTRA, commented: “Everyone wins when our network scales in size. Carriers joining INTTRA benefit by providing a great customer experience to shippers and by attracting more business as a result.
“Shippers benefit as they can book and trace containers from multiple carriers in a standard manner and through a single connection, reducing costs and errors.
“The expansion of our network and the introduction of new integrated solutions to digitalize key pieces of the container shipping lifecycle are all part of our larger vision to help reinvent the container shipping industry for the digital age.”
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