Freight Management System Market: Growth Factors and Forecast by 2020

Freight Management System Market - Global Industry An alysis, Size, Share, Growth, Trends And Forecast 2014 - 2020

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Transparency Market Research

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ReportÂ Description Freight management system is a software solution that is implemented in transport businesses to optimize the efficiency of commercial freight operations. Such software systems automate processes and help in improving companyâ&#x20AC;&#x2122;s communication and productivity. The solution also reduces the load of data entry and helps in eliminating errors. The various features of a freight management include freight tracking system, vehicle maintenance and repairs, pallet tracking, Proof of Delivery (POD) scanning, drivers and subcontractors rating and payments, customer Electronic Data Interchange (EDI) interfacing, consignment entry, consistent auto consignment pricing and comprehensive operational reporting. The freight management system market can be segmented on the basis of solutions, technology, services, transport mode and geography. On the basis of solutions, the market can be segmented into logistics management system, baggage and cargo screening system, freight information system, freight operational management system and security monitoring system. Complete Report with TOC @ http://www.mrrse.com/freight-management-system-market .

Scope With the emergence of advanced modules in freight management systems, many transport companies are looking to implement freight management systems to improve their delivery capabilities. Also, there is rapid increase in the demand of on-time delivery of products and raw materials that encourages the fleet owners to implement an efficient freight management system which allows planning for the current inventory. Implementation of freight management systems also ensures warehouse efficiencies by decreasing time spent working on freight management and investing the same amount of time on warehouse duties. Therefore, there is stiff competition among the vendors to come up with innovative products that can cater to the growing demand. Another factor that is contributing to the growth of this market is rise in global trade. International trade bodies like WTO (World Trade Organization) are encouraging open door policy to promote international trade without any tax barriers. Many business establishments are taking the advantage of the trade incentives and relaxation in regulations to expand their businesses beyond national boundaries.

KeyÂ Players CEVA logistics is one of the leading players in this line of business and has been awarded Silver Supplier Excellence Award by the Association of Aerospace Industries, Singapore (AAIS) in the year 2014, for their excellence in the field of freight management system. Some of the other major players in this market are Agility Public Warehousing Company KSC, United Parcel Service of North America, Inc. and JDA Software Group, Inc. among others. Request a Sample Copy of the Report @ http://www.mrrse.com/sample/308 .