Freight Transportation Management Market is Expected to Reach The Value of USD 41,547.44 Million By 2029

Data Bridge Market Research analyses that the freight transportation management market is expected to reach the value of USD 41,547.44 million by 2029, at a CAGR of 8.1% during the forecast period. "Roadways" accounts for the largest transportation mode segment in the freight transportation management market. The freight transportation management market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Freight transport management incorporates forming various strategies for increasing the efficiency of freight and commercial transport efficiency. Freight transport management focuses on reducing the shipper costs while considering social costs such as congestion or pollution impacts. It helps the shippers to use the right mode of transportation. For instance, rail and water transport are highly efficient for long distances as compared to the use of trucks for the same. It helps in improving the routing and scheduling in order to increase load factors and reduce freight vehicle mileage. It helps implement fleet management programs that help use optimally sized vehicles for each trip, reduce vehicle mileage, and ensure that fleet vehicles are operated and maintained in ways that reduce external costs.

A thorough market study and investigation of trends in consumer and supply chain dynamics covered in the wide-reaching Freight Transportation Management market report helps businesses draw the strategies about sales, marketing, and promotion. Besides, market research performed in this industry report puts a light on the challenges, market structures, opportunities, driving forces, and competitive landscape for the business. It assists in obtaining an extreme sense of evolving industry movements before competitors. If businesses are willing to gain competitive advantage in this swiftly transforming marketplace, then opting for such market research report is highly suggested as it gives a lot of benefits for a thriving business.

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Freight transport management incorporates forming various strategies for increasing the efficiency of freight and commercial transport efficiency. Freight transport management focuses on reducing the shipper costs while considering social costs such as congestion or pollution impacts. The high benefits offered by freight transportation management, is making the rise in the demand for freight transportation management solutions in the market. Global freight transportation management market is growing rapidly due to increasing globalization leading to high freight transportation. The companies are even launching new products to gain a larger market share.

Freight transport management is used for various modes of transportation such as roadways, railways, marine, and airways. The freight movement done through the path of roads is termed under the segment. It is the most common type of transportation mode as it requires a single customs document process. Railway mode of transportation is highly fuel-efficient and can be termed as a 'green' mode of transportation. Marine shipments are used for the movement of bulk commodities such as coal, agri-products, iron ore, and wet bulk products such as crude oil and gas. Airways are the fastest mode of transportation and are highly used to achieve 'just-in-time' (JIT) inventory replenishment.

High Benefits Offered By Freight Transportation Management

Over the years, it has become extremely necessary to have a highly efficient supply chain. This requirement is fulfilled by freight transportation management. Freight transportation management system helps the enterprises in moving the products from one destination to another in a cost-effective, reliable, and efficient manner. The system provides higher visibility and better analysis of data, thus increasing the growth of the global freight transportation management market.

Increasing Demand for Rail Freight Transports

Rail freight transport utilizes railways for the transportation of cargo on land. It is used for transporting various cargo such as chemicals, raw construction material, agriculture, automotive, energy (coal, oil, and wind turbines), and forest productions. The railways can transport heavy cargo quickly through the railroads. Railways are one of the most highly used forms of transportation and have a huge built-up infrastructure around the world. The increasing use of railways for transportation increases the growth of freight transportation management for managing rail freight transportation.

Global Freight Transportation Management Market: Competitive Analysis

This report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. The competitive analysis helps the vendor to define an alignment or fit between their capabilities and opportunities for future growth prospects.

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Freight Transportation Management Market including

CTSI-GLOBAL, GEODIS, Cloud Logistics, THE DESCARTES SYSTEMS GROUP INC, Manhattan Associates, Transplace, Softeon, GlobalTranz, Oracle, SAP SE, Blue Yonder Group, Inc., BluJay Solutions Ltd, Werner Enterprises, Supply Chain Solutions, C.H. Robinson Worldwide, Inc., TRANSPOREON GmbH, MercuryGate, among others..

This report also comprises of strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. This research study lends a hand to the purchaser in comprehending the various drivers and restraints with their effects on the market during the forecast period. The report has been prepared based on the market type, size of the organization, availability on-premises and the end-users' organization type. Freight Transportation Management report puts across the idea of high level analysis of major market segments and identification of opportunities.

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An exceptional Freight Transportation Management market research report can be structured well with the blend of top attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology and dedication. Further, strategic planning supports in improving and enhancing the products with respect to customer's preferences and inclinations. The report comprises of all the market shares and approaches of the major competitors or the key players in this industry. Moreover, this market report also brings into the focus various strategies that have been used by other key players of the market or this industry.

Major Regions:

Geographically, this report split into several key regions, with sales (MT), Revenue (Million USD), market share, and growth rate for these regions, covering

**North America (United States, Canada and Mexico)

**Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

**Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

**South America (Brazil, Argentina, Colombia, and Rest of South America)

**Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Europe dominates the freight transportation management market Europe is likely to be the fastest-growing global freight transportation management market. The Europe freight transportation management market is expected to be the fastest-growing in the world. Europe has the global transport lines passing through the region, with Germany dominating the region with a share of 22.74%. Europe being the hub for major players and manufacturing companies, require major transportation management in the region.

What Are The Market Factors Explained in the Report?

Key Strategic Developments: The study includes the major strategic developments of the market, comprising R&D, new product launch, M&A, agreements, partnerships, collaborations, joint ventures, and regional growth of the key competitors functioning in the market on a global and regional scale.

Key Market Features: The report analyzed key market features, comprising price, revenue, capacity, supply/demand, capacity utilization rate, gross, production, production rate, market share, consumption, import/export, cost, CAGR, and gross margin. Besides, the report also offers a comprehensive study of the key market dynamics and their latest trends, along with relevant market segments and sub-segments.

Analytical Tools: The Global Freight Transportation Management Market report includes the accurately studied and analyzed data of the key industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and ROI analysis have been used to analyze the growth of the key players functioning in the market.

Some Major Points in TOC:

Chapter 1. Report Overview

Chapter 2. Global Growth Trends

Chapter 3. Market Share by Key Players

Chapter 4. Breakdown Data by Type and Application

Chapter 5. Market by End Users/Application

Chapter 6. COVID-19 Outbreak: Freight Transportation Management Industry Impact

Chapter 7. Opportunity Analysis in Covid-19 Crisis

Chapter 8. Market Driving Force

And Many More…

Check The Complete Table of Content @ https://www.databridgemarketresearch.com/toc/?dbmr=global-freight-transportation-management-market

Freight Transportation Management Market: Key Highlights

CAGR of the market during the forecast period.
Detailed information on factors that will assist market growth.
Estimation of market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behaviour
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of market vendors
Reasons for Buying this Report

**This Freight Transportation Management report provides pin-point analysis for changing competitive dynamics

**It provides a forward looking perspective on different factors driving or restraining Freight Transportation Management market growth

**It provides a six-year forecast assessed on the basis of how the Freight Transportation Management market is predicted to grow

**It helps in understanding the key product segments and their future

**It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

**It helps in making informed business decisions by having complete insights of Freight Transportation Management market and by making in-depth analysis of market segments

Thanks for reading this article you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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