Cookies help us deliver the best experience on our website. By using our website, you agree to our use of cookies Dismiss

INTTRA buys Avantida

Shipping software platform INTTRA has announced that it has acquired Avantida, a Belgian-headquartered provider of empty container management technology for ocean carriers, to extend its business into the landside container logistics sector.

{mprestriction ids="1,2"}Avantida’s core business is in digitised automated container reuse and repositioning. INTTRA says that industry estimates of empty container positioning costs to the ocean shipping industry can be up to $20 billion a year, making up approximately 40 per cent of handling costs, making this a sector that could derive significant benefit from the application of technology.

“Avantida, an industry leader in digitised container logistics, has products and customer bases that are highly complementary to those of INTTRA. Acquiring Avantida advances our strategy of extending our reach into the intermodal value chain, enabling INTTRA to better serve our customers,” said INTTRA’s CEO, John Fay.

“With cutting-edge, cloud-based technology and a unique business model, Avantida enhances efficiency and delivers substantial value to carriers, shippers, and other landside transport companies. I am very pleased to welcome Avantida’s team to the INTTRA family and I am confident that they will continue to execute on their mission supplemented by INTTRA’s resources.”

Avantida will operate as an INTTRA-owned company, with customers continuing to use the same sales and service contacts. Terms of the transaction were not disclosed.{/mprestriction}

Related items

Joomla SEF URLs by Artio

Login/Register

Register or Login to view even more of our content. Basic registration is free.

Register now

Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.

 

Address:
Digital Ship Ltd
Digital Ship - Digital Energy Journal
39-41 North Road
London
N7 9DP
United Kingdom

Copyright © 2019 Digital Ship Ltd. All rights reserved           Cookie Policy         Privacy Policy

x