Electronic shipping marketplace Inttra has snapped up Belgian box management company Avantida.

It said the move would result in enhanced coordination of land and ocean container movements, generating efficiencies and reduced costs.

Avantida's core business is digitised, automated container reuse and repositioning.

Industry experts estimate that empty container positioning costs the industry up to $20bn a year, approximately 40% of handling costs, Inttra said.

"Avantida