Global Freight Transport Management Market Size study & Forecast, by Solution (Freight Transportation Cost Management, Freight Security and Monitoring System, Freight Mobility Solution, Warehouse Management System, Freight 3PL Solutions), by Deployment (C

Global Freight Transport Management Market Size study & Forecast, by Solution (Freight Transportation Cost Management, Freight Security and Monitoring System, Freight Mobility Solution, Warehouse Management System, Freight 3PL Solutions), by Deployment (Cloud, On-premise), by Mode of Transport, by End-User and Regional Analysis, 2023-2030

Global Freight Transport Management Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2023-2030. The Freight Transport Management market focuses on planning, optimizing, and executing the movement of goods and cargo from one location to another. The market is expanding due to increasing global trade and the growth of the e-commerce industry. However, the high complexity, inefficiency of shipping, delivering goods, and controlling costs hinder its growth.

With the adoption of artificial intelligence, machine learning, and blockchain in the logistics and transportation sector, the freight transport management market is expected to become even more sophisticated. The increase in the number of transportation vehicles globally is also expected to create opportunities in the market. China Railway has reported an 11% increase in the number of operating trains and the amount of delivered freight, reaching 1,49,000. The volume of freight trains between China and Europe is steadily increasing, ensuring the seamless operation of global supply and industrial chains. Data shows that a total of 8,990 China-Europe freight trains ran cumulatively from January to July 2022. Intermodal transportation, which uses more than one mode of transportation, is an emerging trend in the market. However, the risk associated with cross-border transportation is projected to restrain the market throughout the forecast period of 2023-2030.

The key regions considered for the Global Freight Transport Management Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to the rise in the retail sector and the continuous growth of the freight transport business in the United States, according to the US Department of Transportation, almost 70% of the freight movement is done by trucks and is expected to increase by 45% by 2040. Asia Pacific is expected to grow significantly over the forecast period, due to lucrative opportunities in the region's automotive, packaging, pharmaceutical, and other industrial applications.

Major market players included in this report are:
HighJump Software LLC
JDA Software (Blue Yonder)
Accenture PLC
DSV A/S
Manhattan Associates
Ceva Logistics
United Parcel Service of America, Inc.
Deutsche Post AG
Schneider National, Inc.
Oracle Corporation

Recent Developments in the Market:
 In May 2022, Shipwell released a load optimization function that significantly decreased the time it takes to plan and route shipments, the cost of moving them, and the carbon emissions generated by carriers transporting them. This helped its customers to get a quick transport service.
 In May 2022, MercuryGate International, Inc. announced a partnership with Amazon Freight to enable shippers to access Amazon Freight's dependable network and competitive dynamic rates through the MercuryGate platform.

Global Freight Transport Management Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Solution, Deployment, Mode of Transport, End-User, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:
Freight Transportation Cost Management
Freight Security and Monitoring System
Freight Mobility Solution
Warehouse Management System
Freight 3PL Solutions

By Deployment:
Cloud
On-premise

By Mode of Transport:
Rail Freight
Air Freight
Road Freight
Waterborne Freight

By End-User:
Aerospace and Defense
Automotive
Oil and Gas
Consumer and Retail
Energy and Power

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
HighJump Software LLC
JDA Software (Blue Yonder)
Accenture PLC
DSV A/S
Manhattan Associates
Ceva Logistics
United Parcel Service of America, Inc.
Deutsche Post AG
Schneider National, Inc.
Oracle Corporation

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