Freight Management Software Market 2019
Market Overview
Freight Management refers to the procedure of supervising and managing all the freight-related operations and delivery of goods. Freight management strategy combines human resources, logistics experience, and proficiency to ensure smooth coordination between shippers and carriers. Freight management procedure includes controlling operational and shipping cost, maintaining accurate records, and maintaining desired warehouse inventory levels. Freight management services are primarily offered by freight forwarders or third-party logistics organizations. Major freight management software activities include matching loads to freight carriers, efficient route planning, and the optimization of the transportation-related operations.
The following key players covered in this report
Magaya
FreightPOP
KeepTruckin
Descartes Systems Group
Freightos
Shiprocket
FreightRover
FreightData
Freightview
Hard Core Technology
Infor
AFS
Riege Software International
Air Freight Bazaar
Ally
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An efficient freight management software system can help shippers streamline all the critical supply chain operations, simplify the shipping procedure and boost logistical efficiency. The modern freight management software systems are efficiently designed to offer high-level automation in all the freight and logistics-related operations. These systems enable shippers to book orders instantly. By streamlining, automating and optimizing the complex shipping procedure with advanced freight management software, shippers can better manage and simulate the critical supply chain operations. The modern freight management systems enable shippers to rate, book and track shipments at minimum cost.
These systems are easy to install and operate and have a user-friendly interface. People with minimum technical expertise can operate these freight management software systems. These systems can greatly empower supply chains, thereby enhancing business productivity. Freight management software helps organizations in consolidating and optimizing shipments, thereby reducing unnecessary operational cost. Freight management software ensures accuracy in operation by enabling efficient system-to-system communication. The freight management software further helps organizations in lowering administrative costs and reducing manual errors, which further enhances operational efficiency and boosts business productivity. These systems are developed with the motive to handle complex operational procedures, such as automatically recording and auditing invoices, rectifying claims and exceptions.
Market Segmentation
The global freight management software market can be segmented on the basis of product types, crucial applications, leading market players, and regional markets.
Based on the mode of deployment, freight management software can be segmented into-
On-premise freight management software
Cloud-based freight management solutions
The cloud-based solutions are getting adopted by a large number of organizations, as these solutions are highly cost-effective. Cloud-based solutions are scalable as per the client’s demand, which makes them even more popular. Cloud-based freight management software system is critical for every organisation as it offers a broad range of specialised services to deal with complex logistics and freight-related operations.
Based on applications, the freight management software market can be segmented into-
Aviation Transportation Industry
Land Transportation Industry
Maritime Transportation Industry
Others
Regional Analysis
North America, Europe, Asia Pacific, Southeast Asia, and Central and South America are the major regions driving the growth of freight management software market. The global freight management software market is primarily driven by North America and Europe. The growth of these regional markets can be attributed to economic expansion and surge in global trade. Increased demand for advanced freight management solutions from third-party logistics and shippers operating in these regions is expected to further support the regional market growth. Other factors, such as the presence of some leading software providers and ongoing technological improvements are expected to stimulate the product demand in these regions. Market players in the Asia Pacific are also focusing on enhancing their offerings by improving system capabilities, in order to attract a large number of clients.
Industry News
Magaya Cargo System, an efficient freight management software, is gaining high traction across the major organizations. Magaya Cargo System is specifically developed for freight forwarders, logistics companies, courier companies, and warehouse service providers who need an accurate and automated warehouse management system integrated with efficient accounting system. The user-friendly interface of this software reduces operational complexity. The software helps in managing shipment details and automates and streamlines the entire workflows. It can also be used to send important data to customs authorities and generate shipment-related reports.
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Table of Contents –Analysis of Key Points
1 Freight Management Software Market Overview
2 Manufacturers Profiles
3 Global Freight Management Software Market Competition, by Players
4 Global Freight Management Software Market Size by Regions
5 North America Freight Management Software Revenue by Countries
6 Europe Freight Management Software Revenue by Countries
7 Asia-Pacific Freight Management Software Revenue by Countries
8 South America Freight Management Software Revenue by Countries
9 Middle East and Africa Revenue Freight Management Software by Countries
10 Global Freight Management Software Market Segment by Type
11 Global Freight Management Software Market Segment by Application
12 Global Freight Management Software Market Size Forecast (2019-2025)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
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