INTTRA Asia Pacific volume up 50%
Online trade portal INTTRA said Wednesday it recorded a 50 percent increase in year-on-year volume growth in the Asia Pacific region in 2008, with the company passing the 5,500-customer mark.
New Jersey-based INTTRA said it is expanding its Hong Kong regional headquarters to accommodate the growing customer base in the region.
INTTRA opened its first international headquarters in Hong Kong in 2001 with a few key customers, but increasing adoption of e-commerce in the shipping industry has led to an expansion of its customer base in the APAC region. The company now serves customers in the Middle East gulf region, India, China, Australia, and New Zealand, as well as the countries that make up the traditional Asia Pacific region.
INTTRA’s site handles transactions like bookings, access to sailing schedules, submission of shipping instructions, reviews of bills of lading, creation of standardized reports, and global shipment tracking.
The company said that more than 260,000 container orders are initiated on the platform each week, representing more than 10 percent of annual global ocean container trade.