INTTRA Announces Rapid Reservation

April 30, 2003

Value-add service set to streamline booking process for shippers, forwarders, and carriers

Parsippany, NJ, USA - April 30, 2003 - INTTRA (www.inttra.com), the leading provider of e-business ocean logistics services, today announced Rapid Reservation, a service that provides registered INTTRA shippers and forwarders with an immediate carrier reservation number when they make a booking with most INTTRA carriers. Customers creating bookings via INTTRA-ACT (Web-based solution) or INTTRA-LINK (integration solution) can receive these Rapid Reservation numbers and continue the booking process without delay. Rapid Reservation can also be used along with INTTRA's Booking Notification System, which automatically distributes reservation numbers to all designated parties involved in the booking, completing the entire booking process within a fraction of the time required for the traditional method.

"INTTRA's unique position as the industry-owned consortium enables us to work together with our carriers to offer Rapid Reservation to more than 3,000 shippers and forwarders within North America alone," said Harry Sangree, INTTRA Senior Vice President of Product Management. "When a customer submits a booking request to INTTRA via INTTRA-ACT or INTTRA-LINK, we assign that booking a carrier reservation number drawn from a set of numbers approved by INTTRA carriers. This number is sent immediately back to the customer and becomes the carrier booking number upon carrier confirmation of the booking."

Lisa Starr, Export Traffic Coordinator for Trinidad Benham Corporation, said, "INTTRA makes my booking process faster and easier. Rapid Reservation works very well with the shipping services that I use, and the Booking Notification System sends the reservation number I get for my booking to the buyer that I specify. For these reasons, I am more likely to use carriers that utilize INTTRA's Rapid Reservation."

Carriers are also eager to improve their booking processes. "There is no question that there is a demand for Rapid Reservation among our customers," said Philippe Salles, CMA CGM E-Commerce Manager, INTTRA. "By participating in Rapid Reservation, we expect to satisfy our customers' needs and increase our market share."

INTTRA offers a standardized ocean logistics execution platform to shippers, consignees, and logistics providers around the world and is sponsored by many of the world's leading ocean carriers. The INTTRA network provides connected access to almost 50 percent of all global ocean containerized shipments. INTTRA is utilized globally and has managed 2.2 million bookings and over 9 million container events since its inception.

About INTTRA
Incorporated in January 2001 and financially sponsored by a group of leading global carriers and logistics providers, INTTRA drives efficiencies into the ocean transportation industry by streamlining and standardizing traditionally inefficient processes. INTTRA enables shippers, freight forwarders, third-party logistics providers, brokers, consignees, and industry portals to manage the booking, documentation, and tracking of cargo across multiple shipping lines in a single integrated process. With headquarters in Parsippany, NJ, U.S.A., and offices in Copenhagen, Denmark, and Hong Kong, China, INTTRA meets today's demand for simplicity, transparency, neutrality, and confidentiality across the global supply chain, and delivers connectivity by establishing global shipping standards. The collective INTTRA carrier network includes Alianca, ANL, CMA CGM, Columbus Line, Crowley American Transport, DAL Deutsche Afrika-Linien, Hamburg Süd, Hapag-Lloyd, Kuehne & Nagel International AG, Maersk Sealand, MSC Mediterranean Shipping Company S.A., NYK Line, P&O Nedlloyd, Safmarine, and United Arab Shipping Company.

For additional information, contact your INTTRA participating carrier or visit INTTRA's Web site at (www.inttra.com).