PARSIPPANY, NJ, USA - October 20, 2009 - INTTRA, the leading e-commerce platform for the ocean freight industry, today announced that DB Schenker will be working with INTTRA on a project for INTTRA eInvoice implementation. This show of support from a leading global freight forwarder represents an endorsement of INTTRA's initiative to drive new efficiencies and cost savings in the $200 billion ocean container shipping industry.
INTTRA eInvoice is an electronic invoicing, dispute resolution and payment processing solution that will enable freight forwarders to have the potential to more efficiently receive, process and pay carrier invoices and cut average transaction processing costs by more than half.
"We welcome taking the next step towards automating and optimizing invoicing, resolution and payment processes with ocean carriers that can potentially translate into significant operational improvements for all industry participants," said Dr. Wolfgang Draeger, Senior Vice President, Corporate Product Management, Ocean Freight at DB Schenker Logistics.
John DeBenedette, INTTRA's SVP Commercial said, "We are excited to have Schenker join with other industry leaders to leverage the INTTRA eInvoice platform. The support of Schenker will accelerate the benefits to the industry from streamlining invoicing processes."
INTTRA is a leading global provider of e-commerce solutions to the ocean freight industry. INTTRA professionals work with over 30 leading carriers to streamline and standardize their shipping processes worldwide through a network of over 20,000 corporate locations. Over 260,000 container orders are initiated on the INTTRA platform each week, representing more than 10 percent of global ocean container trade.
For further information, visit www.inttra.com. Or contact Andy Barrons, Vice President of Marketing, +1.973.265.2208, firstname.lastname@example.org.
With approximately 60,000 employees and a turnover of EUR 14 billion, Integrated Logistics at DB Schenker, with its three business segments, Land Transport, Air/Ocean Freight and Contract Logistics/SCM, is one of the world's leading logistics service providers. The business unit offers Europe-wide land transport and worldwide air and ocean freight, as well as comprehensive logistics solutions and global supply chain management from a single source. The unit also holds top positions in automotive, high-tech and consumer products, as well as in trade fair forwarding, special transportation and services for major sporting events. With the integration of the U.S. logistics company BAX Global, DB Schenker has created a global network with over 1,500 locations in approximately 130 countries.
INTTRA, the INTTRA logo, INTTRA-LINK, INTTRA-Desktop, INTTRA-ACT are trademarks or registered trademarks, service marks or registered service marks of INTTRA, Inc. All other product and company names mentioned herein may be trademarks of their respective holders.