The freight management industry is being redefined by growing transport volumes, changes in freight movement models, and the emergence of digital processes. Many logistics experts believe that the freight management market will increase tenfold in size by the year 2025. Led by the growing need among shippers and merchants to gain operational efficiency and enhance warehouse management, freight management companies today are largely adopting Freight Management software to control their routinely business operations.

Major focus areas and emerging trends include the push for part-level visibility, direct integration with transportation providers, and delivering value with business intelligence and predictive analytics. Since the process of freight management traditionally involves managing the flow of inventory and meeting customers’ requirements, the demand for automation is exponentially increasing to improve the efficiency of logistics operations. Today, a majority of freight management companies are exploring the cloud for new opportunities to enhance their services. By leveraging adept vehicle telematics, accurate vehicle tracking, and robust freight analytics, the cloud and mobile solutions enable freight managers to handle their mobile fleets with ease.

Cloud-based software gives companies enhanced visibility into orders, shipments, and inventory along with supporting omnichannel fulfillment, and promoting real-time collaboration between various stakeholders and customers. Additionally, the cloud technology is cost-effective compared to in-house systems and also provides scalability feature as the business expands. Even artificial intelligence (AI) powered systems or self-learning systems are profoundly contributing to transforming the traditional tasks such as tracking goods and vehicle of freight management industry.

However, the process of choosing the right freight management solutions providers always put companies in a bind. Mitigating the challenge of finding the apt partner, a distinguished panel of CEOs, CIOs and analysts has narrowed on the top freight management solution providers that exhibit competence in delivering innovation in freight management technology.

We present to you Logistics Tech Outlook’s “Top 10 Freight Management Solution Providers – 2019”