Executive Briefings

Provider Reports Major Increase in Use of E-Commerce in Ocean Transportation

INTTRA, a global provider of e-commerce solutions for the ocean freight industry, has reported an 18.8-percent increase in growth in ocean e-commerce usage through July 2011 compared to the same period last year. This growth is more than double the rate of global container market growth of 8.1 percent, according to Drewry Container Forecaster, June 2011. INTTRA's data, collected through the 450,000 plus weekly container transactions it initiates, offers a unique view into ocean container shipping trends.

INTTRA says that ocean shipping e-commerce adoption has grown significantly for countries in Asia and Latin America with sustained increases in e-commerce usage year over year, particularly for South Korea (60%), Malaysia (33%) and Indonesia (32%) in Asia, and Panama (94%), Guatemala (84%) and Peru (50%) in Latin America.

By increasing e-commerce adoption, the ocean shipping industry is making great strides toward more streamlined business processes. The recent Maersk Line Manifesto has also created industry-wide discussions on predictable delivery and necessary changes in the ocean shipping industry.

"We are pleased to support Maersk Line's call for streamlined and reliable business processes for the ocean shipping industry," said Ken Bloom, CEO of INTTRA.

Source: INTTRA

INTTRA, a global provider of e-commerce solutions for the ocean freight industry, has reported an 18.8-percent increase in growth in ocean e-commerce usage through July 2011 compared to the same period last year. This growth is more than double the rate of global container market growth of 8.1 percent, according to Drewry Container Forecaster, June 2011. INTTRA's data, collected through the 450,000 plus weekly container transactions it initiates, offers a unique view into ocean container shipping trends.

INTTRA says that ocean shipping e-commerce adoption has grown significantly for countries in Asia and Latin America with sustained increases in e-commerce usage year over year, particularly for South Korea (60%), Malaysia (33%) and Indonesia (32%) in Asia, and Panama (94%), Guatemala (84%) and Peru (50%) in Latin America.

By increasing e-commerce adoption, the ocean shipping industry is making great strides toward more streamlined business processes. The recent Maersk Line Manifesto has also created industry-wide discussions on predictable delivery and necessary changes in the ocean shipping industry.

"We are pleased to support Maersk Line's call for streamlined and reliable business processes for the ocean shipping industry," said Ken Bloom, CEO of INTTRA.

Source: INTTRA