Multi-carrier shipping software is also denoted as Transportation Management Software (TMS). Multi-carrier shipping software is a platform that mechanizes and streamlines the spot carriage process. The software delivers the ability to manage and track all types of freight such as trucking, air, ocean, parcel, etc. The multi-carrier shipping software is used in the context of e-commerce enterprises who ship directly to consumers and generally refers to all-freight automation platforms such as Cargobase or related systems.This growth is primarily driven by Continuously Increasing Global Trade and the Need to Control the Time-In-Transit and Increased Transportation Information and Supply Chain Visibility.
Globally, a noticeable market trend is evident The Growth in Deployment of Internet of Things (IoT) and Big Data Technology to Get Real-Time Information of Logistics
. Major Players, such as Creative Logistics Solutions (United States), Logicor (United Kingdom), Mecalux (Spain), Parcelhub (United Kingdom), ProShip (United States), QAD Precision (United States), ReadyCloud (United States), ShipHawk (United States), Shippo (United States) and XPS Ship (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Continuously Increasing Global Trade and the Need to Control the Time-In-Transit
- Increased Transportation Information and Supply Chain Visibility
- The Growth in Deployment of Internet of Things (IoT) and Big Data Technology to Get Real-Time Information of Logistics
- Surging Blockchain in Freight Management
- Insufficient IT Investment for Transportation Infrastructure in Developing Economies
- High Data Security Concerns
Growing Adoption of Cloud Technology and Increasing Demand for Software as a Service (SaaS)
Lack of Awareness Regarding Multicarrier Shipping Software
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