Global Freight Management System Market Research Report: By Component {Solution [Planning (Supplier and Vendor Management, Freight Order Management, Revenue Management, Dispatch Management, Claims Management), Execution and Operations (Electronic Data Interchange, Load Optimization, Brokerage Operational Management, Freight Visibility, Freight Audit and Payment, Transportation Management System), Control and Monitoring (Freight Tracking and Monitoring Solution, Cargo Routing and Scheduling Solution, Cargo Security)], Services (Consultin...

Freight Management System Market Snapshot:

Vendors operating in this market offer software and services for freight management system management. For instance, Kuebix TMS developed software that can also be deployed on the cloud. Similarly, Descartes Systems Group Inc. has developed a freight management system that can be easily integrated with other transportation management software. The software offered by the company is scalable and can be deployed over the cloud.  

The Freight Management System Market is expected to expand at a 9.4% CAGR during the forecast period, to reach USD 18.63 Billion by 2025.

• Based on the component, the freight management system market has been segmented into solutions and services. The services segment has been categorized as consulting, system integration and deployment, support, and maintenance. The solution segment has been divided into planning, execution and operations, and control and monitoring. The planning solutions consist of supplier and vendor management, freight order management, revenue management, dispatch management, and claims management. The execution and operations solutions include electronic data interchange, load optimization, brokerage operational management, freight visibility, freight audit and payment, and transportation management system. Additionally, the control and monitoring solutions consist of freight tracking and monitoring solution, cargo routing and scheduling solution, and cargo security.


• Based on end-user, the freight management system market has been segmented into third-party logistics, forwarders, brokers, shippers, and carriers. The demand from freight forwarding companies is growing at an exponential rate and the freight management system is the apt solution to efficiently helps them in their business operations.


• Based on transportation mode, the freight management system market has been segmented into road freight, ocean freight, air freight, and rail freight. The ocean freight segment is expected to register the fastest growth rate.

Freight Management System Market Regional Analysis:
Geographically, the global freight management system market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.

North America leads the market in terms of market share in the freight management system market. Some of the factors that are responsible for the growth of the market include continuous investment and focus on freight automation. The presence of a number of software providers in the market such as Mcleod Software, Freightview, Freight Management, Linbis, Logisuite, JDA Software, Descartes, Oracle Corporation, Werner Enterprises, and MercuryGate is another factor that has contributed a significant share in North America freight management system market.  

Europe has occupied the second position in the market. For the purpose of this study, Europe has been segmented into the UK, Germany, France, and the rest of Europe. According to MRFR analysis, the UK is expected to gain the highest market share, followed by Germany and France. The freight management system market in this region is expected to grow due to the rapidly increasing global trade and the need to control the time-in-transit.

Freight Management System Market Companies Covered:
The Key Players of the Global Freight Management System Market are Mcleod Software (US), Freightview (US), Freight Management (US), Linbis (US), Logisuite (US), Dreamorbit (India), Descartes (Canada), Oracle Corporation (US), Werner Enterprises (US), MercuryGate (US), SAP (Germany), Accenture (Ireland), JDA Software (US), Ceva Logistics (Spain) and UPS (US)

Freight Management System Market Key Developments:

• In February 2019, Descartes Systems Group completed its acquisition of Management Systems Resources. The acquisition will enhance Descartes’s offerings including freight management systems and transportation management systems. In February 2018, Descartes acquired Aljex, a cloud-based logistics provider, to provide Aljex’s back-office transportation management solutions to freight brokers and transportation providers.

• In November 2018, E2open completed the acquisition of INTTRA, an ocean shipping network, software and information provider. This acquisition will combine the offerings of INTTRA- ocean shipping logistics with the global supply chain and logistics network of E2open.

Key Questions Addressed by the Report

• What was the historic market size (2018)?


• Which segmentation (component/organization size/ vertical) are driving the market?


• What will be the growth rate by 2025?


• Who are the key players in this market?


• What are the strategies adopted by key players?