HutchWatch: Beijing furious; Panama may have to wait
Beijing blindsided?
Leading ocean freight booking platform INTTRA is to acquire European empty container management firm Avantida.
John Fay, chief executive of INTTRA, told The Loadstar that the opportunity to acquire the Antwerp-headquartered company, which focuses on empty container repositioning and container reuse across seven European countries, gave it an immediate bridge into intermodal and hinterland logistics.
“It was simply to good an opportunity to turn down,” he said.
“Avantida is a network-based business that uses a cloud-based platform. Its main customers are carriers, hauliers and ...
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