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Freight Transport Management Market Trends

  • Report ID: GMI6879
  • Published Date: Oct 2023
  • Report Format: PDF

Freight Transport Management Market Trends

Digitalization and automation are emerging trends in the freight transport management industry. With advancements in technology, the industry is rapidly adopting digital solutions to streamline operations. For instance, in September 2023, Uber Freights launched an AI-powered logistics roadmap. This innovative tool utilizes artificial intelligence to optimize and streamline logistics operations, providing real-time insights and solutions to enhance the efficiency and effectiveness of freight transportation within the Uber Freight network. Automation is being applied to various tasks, such as route optimization, load planning & warehouse management, enhancing efficiency and reducing costs. Digital platforms enable real-time tracking, improving visibility and customer satisfaction.
 

Last-mile delivery solutions are emerging as a critical focus in the freight transport management industry. With the surge in e-commerce, there is a growing demand for efficient & cost-effective last-mile logistics. Companies are also investing in technologies such as route optimization, autonomous delivery vehicles, and drone deliveries. Additionally, the integration of mobile apps for real-time tracking and customer communication is enhancing the last-mile experience. Meeting the challenges of last-mile delivery efficiently is becoming a competitive advantage in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of freight transport management was worth USD 25 billion in 2022 and is anticipated to register a CAGR of over 9% between 2023 and 2032, favored by the increasing globalization and trade expansion.

How is ocean freight application contributing to freight transport management industry?

North America led the global freight transport management market with a share of over 30% in 2022 and is poised for substantial growth in the coming years, backed by the region's robust logistics infrastructure, extensive trade relationships, and the rapid growth of e-commerce.

Oracle Corporation, SAP SE, DB Schenker, IBM Corporation, CEVA Logistics, Korber AG, and Infor among others.

Freight Transport Management Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 343
  • Countries covered: 18
  • Pages: 300
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