
How Much Does It Cost to Build a Transportation Management System?

Global TMS market size has 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%. But why has the automation of transport logistics and freight operation several years ago and the interest in transportation software development services does not cease? Naturally, the key benefit for businesses is cost-effectiveness. Through data analysis and cargo transportation optimization, TMS allows you to save the budget in the shipping process. According to Cerasis, with a TMS solution, freight invoice payments can be reduced by 90-95%. What’s the catch? Let’s check out the benefits a TMS offers.