Hamburg, Germany, April 25, 2018 – INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, hosted a Technology Summit in Hamburg, Germany this week focused on innovation to action. The summit was attended by more than 130 senior shipping executives. Over 50% of the attendees were C level or SVPs, with 38% representing shippers and BCOs, 35% technology companies and 27% carriers. The event was a forum for collaboration across container shipping intended to advance the digital transformation of the ocean freight industry.
- 82% of responders said process automation and digitalization
- 53% are focused on blockchain
- 51% are working to improve reporting and analytics
- 50% said managing demurrage and detention
- 43% said in-transit visibility
- 40% said managing rates and rate changes
- 40% said managing bill of lading and other shipping docs
- 46% said data sharing across the supply chain
- 31% said overcapacity on trade routes
- 31% said reporting and analytics
- 31% said no shows
- 45% responded lack of IT resources in-house
- 42% responded lack of prioritization
- 40% said lack of budget
“Many customers name data sharing across the industry as another challenge,” adds Ms. Kuznetsova. “As supply chains get digitalized, new opportunities to connect various sources create a foundation for better visibility and optimization. Our advances in network services, including API-enabled connections, help our customers to accelerate the digital transformation and overcome hurdles.”
- 58% growth in active users.
- 63% increase in Container reUSE and DepotX transactions.
- Avantida, which expanded to Mexico last week, expects to expand to the rest of North America by the end of the second quarter.