- In February 2019, Descartes Systems Group completed its acquisition of Management Systems Resources. Descartes' offerings, which include freight and transportation management systems, will be enhanced due to the acquisition. Descartes acquired Aljex, a cloud-based logistics provider, in February 2018 in order to provide Aljex's back-office transportation management solutions to freight brokers and transportation providers.
- In October 2017, MercuryGate introduced MercuryMaestro, a business intelligence (BI) platform that enhances data visualization and analysis within their Transportation Management System (TMS).
Frequently Asked Questions
The primary challenges include lack of consumer awareness about advanced freight management solutions and the high cost.
The 3PL (Third-Party Logistics) segment is expected to dominate the global freight management system market, holding a significant market share in 2025.