Leading Global Logistics Provider, DHL Global Forwarding Joins INTTRA eInvoice Initiative

JOC Staff |
Parsippany, NJ - November 17, 2009 - INTTRA, the leading e-commerce platform for the ocean freight industry, today announced that DHL Global Forwarding has joined the INTTRA eInvoice initiative. DHL Global Forwarding will work with INTTRA in completing a project analysis for the implementation of INTTRA eInvoice solution with a view to becoming both a pilot and eInvoice customer.

INTTRA eInvoice, is an electronic invoicing, dispute resolution and payment processing solution that will enable freight forwarders with the potential to more efficiently receive, process and pay carrier invoices, as well as cut average transaction processing costs by more than half.

We welcome this initiative from INTTRA. There is a need for a more streamlined, cost effective and environmentally conscious invoicing process for the ocean shipping industry, said Andreas Krueger, vice president, head of global ocean freight operations - quality & compliance, DHL Global Forwarding, DHL Management (Switzerland) Ltd.

John DeBenedette, INTTRA's senior vice president commercial said, We are delighted DHL Global Forwarding is participating in this program. There are an estimated 50 million invoice transactions processed a year for ocean shipping. Electronic invoicing not only saves time and money but digitization of invoices within the ocean freight industry could preserve 75,000 trees per year, contributing to climate protection and reducing carbon footprint.

About DHL

DHL is the global market leader in the logistics industry and The Logistics Company for the World. DHL commits its expertise in international express, air and ocean freight, road and rail transportation, contract logistics and international mail services to its customers. A global network composed of more than 220 countries and territories and about 300,000 employees worldwide offers customers superior service quality and local knowledge to satisfy their supply chain requirements. DHL accepts its social responsibility by supporting climate protection, disaster management and education.

DHL is part of Deutsche Post DHL. The Group generated revenue of more than 54 billion euros in 2008.

About INTTRA

INTTRA is a leading global provider of e-commerce solutions to the ocean freight industry. INTTRA professionals work with over 30 leading carriers and their customers 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, andy.barrons@inttra.com.

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