INTTRA

About INTTRA

Now operating as INTTRA by E2open, the company stands as a central neutral network and information provider within the ocean shipping sector. Its genesis traces back to 2001, when a consortium of major ocean carriers, including names like Maersk Line, MSC, Hapag-Lloyd, and CMA-CGM, joined forces to establish a standardized electronic booking system for the industry. This initiative aimed to digitize previously manual processes, setting a new course for technology adoption in logistics. In 2010, the business was spun off as a private entity, with private-equity firm ABS Capital Partners acquiring a controlling stake while the original carriers retained a minority share. A significant milestone occurred in October 2018 when E2open, a large cloud-based provider of supply chain solutions, announced its acquisition of INTTRA, a deal that was finalized in November of the same year. This merger was intended to bridge the gap between manufacturing and logistics by creating a unified global supply chain and logistics network.

The platform serves a wide array of clients, including over 35,000 active shippers, 60 carriers, Non-Vessel Operating Common Carriers (NVOCCs), and freight forwarders across 177 countries. Its business model revolves around providing a cloud-based software platform that streamlines the ocean trade process. Revenue is generated from fees for transactions processed on the network and subscription access to its software solutions. The platform facilitates a significant portion of global trade, processing over 850,000 container orders weekly, which accounts for more than a quarter of the world's total ocean container trade.

The company's core product is a comprehensive platform for managing ocean shipments. Key features include the ability to search for ocean schedules, book container space, track shipments in real-time, and electronically submit essential documentation like shipping instructions and Verified Gross Mass (VGM) declarations. This digitalization of processes reduces manual work, improves accuracy, and provides greater visibility across the supply chain. Additionally, INTTRA offers Decision Support Dashboards that utilize historical data to provide business insights, helping clients optimize their operational efficiency and planning. The acquisition by E2open further extended these capabilities, aiming to offer real-time, end-to-end visibility and more efficient integration of procurement, manufacturing, and distribution.