Manhattan Associates (US) and C.H. Robinson (US) are leading players in Transportation Management System Market
MarketsandMarkets forecasts the global Transportation Management System market size is expected to grow from USD 13.5 billion in 2023 to USD 33.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period. The technological advancements in the transportation and logistics industry, along with the increasing adoption of advanced technologies, such as the Internet of Things (IoT), big data, and Artificial Intelligence (AI) and their predictive capabilities for smarter and more efficient transportation operations, has led to the growth of the market.
The major vendors covered in the transportation management system market include Oracle (US), SAP (Germany), Manhattan Associates (US), C.H. Robinson (US), Trimble (US), WiseTech Global (Australia), Descartes (Canada), E2open (US), Generix Group (France), MercuryGate (US), Blue Yonder (US), Uber Freight (US), Alpega Group (Belgium), Worldwide Express (US), Infor (US), 3Gtms (US), Shipwell (US), 3T Logistics & Technology Group (UK), Ratelinx (US), oTMS (China), nShift (UK), BlueRock Logistics (Netherlands), Elemica (US), TESISQUARE (Italy), DDS Logistics (France), vTradEx (China), Shiptify (France), GlobalTranz (US), InMotion Global (US), Kinaxis (Canada), Logistically (US), One Network Enterprises (US), IntelliTrans (US), Allotrac (Australia), Revenova (US), Princeton TMX (US), CTSI Global (US), and PCS Software (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their presence in the transportation management system market.
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Manhattan Associates provides enterprise SCM solutions that offer enterprises flexibility and scalability. It is involved in developing, deploying, selling, and maintaining software solutions for managing supply chains, inventory, and omnichannel operations for retailers, wholesalers, manufacturers, logistics providers, etc. The company provides a reliable, cost-effective infrastructure to enhance business operations. It operates through three segments: software license, services, hardware, and others. Manhattan Associates offers a portfolio of supply chain solutions that consist of demand management, order management, labor management and planning, transportation management, and inventory management and planning. To enable enterprises to manage all transportation functions, the company caters to transportation and logistics management solutions in the cloud or on-premises across the network. It includes freight and billing conciliations and freight tracking and tracing capability. It also supports private fleet and common carrier management. Manhattan TMS solution suite offers transportation planning, optimization, and execution technology.
C.H. Robinson is a prominent player in transportation management and provides one of the world’s largest logistics platforms. It also offers logistics services, such as truckload, less than truckload, ocean shipping, air freight, customs brokerage, trade compliance services, and TMS for SMEs and large enterprises. The company delivers smarter solutions to over 119,000 customers and 78,000 contract carriers worldwide through its multimodal TMS. The company offers its solutions to various industries, including automotive, chemical and plastics, energy, food, beverage, government, education, healthcare, manufacturing, paper, packaging, transportation, warehouse, and technology and electronics logistics.
Related Reports:
Transportation Management System Market by Offering (Solutions, Services), Transportation Mode (Roadways, Railways, Airways, Maritime), End User, Solutions (Consulting, Implementation & Integration ), Services, Vertical & Region - Global Forecast to 2028
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