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A transportation management system helps companies move freight from origin to destination efficiently, reliably, and cost-effectively. Transportation management systems include 2 types of solutions. Planning and execution is focused on freight moves involving a carrier. Fleet Management involves freight moves with transportation assets owned by the company. The primary reason companies buy a transportation management system is for freight savings. These freight savings can be attributed to simulation and network design, load consolidation and lower cost mode selections, and multi-stop route optimization. But few companies would buy a TMS if it would lead to declining service levels. A TMS maintains the service levels by understanding the origin to destination lead times and using that as a constraint during the optimization run.
The COVID-19 pandemic pushed e-commerce to levels that would not have been believed in early 2020. For example, in the US, May 2020 alone eclipsed the entire 2019 holiday shopping season and $82.5 billion was spent online. This is a trend that will continue to grow, especially as those who may have been reluctant to shop online have experienced the ease and convenience associated with it. While this is putting added strain on shippers and carriers to fulfill customer orders and meet expectations, it is a boon to the TMS market as retail, CPG, and food & beverage companies in particular look to meet growing demand.
At the time of this writing, it is already evident that the COVID-19 pandemic and the effects from the associated “Great Lockdown” did not impact the TMS market. However, with the Delta variant emerging, and the overall future of the post-COVID world in flux, the degree and duration of the impact specifically on the global TMS market is also still undetermined.
This market study may be purchased as an Excel Workbook and/or as a PDF File. The Workbook has some unique features such as the ability to view data in local currency. Regional studies include country and industry market data. Country studies include market trends and industry data. Studies and formats available are listed below:
MIRA Workbook | PDF File | |
Worldwide (includes regional data) | Yes | Yes |
North America (includes country data) | Yes | No |
Latin America (includes country data) | Yes | No |
Europe, Middle East, Africa (includes country data) | Yes | No |
Asia (includes country data) | Yes | No |
Annual Subscription | Yes | Yes |
Countries included in each region.
Table of contents for these studies is shown in the following paragraphs.
The research identifies all relevant suppliers serving this market.
List of countries & currencies included in each region: MIRA-Country
For more information or to purchase the Transportation Management Systems Market Research study, please contact us.