How Much Does It Cost to Build a Transportation Management System?
Global TMS market size exceeded $2.5 billion in 2019, and it is expected to almost double and reach $4.8 billion by the end of 2025 with an overwhelming annual CAGR of 14.5%.
Global TMS market size exceeded $2.5 billion in 2019, and it is expected to almost double and reach $4.8 billion by the end of 2025 with an overwhelming annual CAGR of 14.5%.
We have written already that transportation and logistics constitute the backbone of the present-day economy, we have had a number of successful projects in the sphere of logistics and want even more.
Global logistics costs amount to 10% of GDP — that is about $7T, a huge total indeed. If to compare this sum — America’s GDP in 2016 was $18,5T.
Most freight operators today don’t need to be persuaded in the importance of technologies. At the same time, freight transportation still languishes on the way to automation. The reasons lie both in the complexity of the industry and the lack of digital awareness.