Posted Date: 1/19/2009
Transportation Management Systems On The Rise
By Susan Nunziata
Stamford, CT-based market research firm Gartner says the economic pressure to control freight expenses is accelerating growth drivers for what it calls transportation management system (TMS) solutions. This includes business applications such as transportation routing and scheduling solutions, as well as onboard telematics and other technologies that can monitor vehicles and drivers.
Sales of TMS software will total $648 million in 2008, a 20.6% increase from the $538 million in revenue in 2007, according to Gartner. Sales of TMS software are forecast to total $730 million in sales in 2009, and will reach $936 million by 2012.
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