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XPO Logistics [Nyse: Xpo]: Revolutionizing the Logistics Experience with Technology

Top 10 Freight Management Solution Providers - 2019

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”

Company Logo Company Name Company Description
360data 360data offers cloud-based logistics solutions to manage transportation expenses effectively while optimizing speed and reliability
Acuitive Solutions Its cloud-based solution have replaced the spreadsheets and emails with rules-based workflows that enable supply chain partners to collaborate and manage shipments in real time
Cass Information Systems Offers integrated information and payment management solutions and is managing more than $50 billion annually on behalf of clients throughout North America and Europe
Cerasis Provides personalized freight and logistics solutions for shippers in North America and plan to establish themselves as the best logistics service provider
Emerge An award-winning platform, the Private Freight Marketplace (PFM) benefits shippers by reducing their freight spend, and carriers by connecting them to increased business opportunities
FreightPOP A powerful and affordable cloud enterprise software that enables organizations to manage all their shipping and logistical functions, anytime and anywhere
FreightRover Offers a suite of products that reach alternative capacity, improve working capital, streamline manual work processes, and increase bottom line revenue
FreightVerify FreightVerify provides predictive, real-time transportation visibility and business intelligence for complex enterprises
GTMS Renders BI solutions that aid companies in managing data effectively, improving shipping efficiency, and controlling costs
XPO Logistics A top ten global provider of transportation and logistics services, with a highly-integrated network of people, technology and physical assets