The World of Transportation Management Technology



The transportation sector continues to surge both globally and locally. The report delves into various aspects, including a world of solutions, transportation technology segments, the transportation management solution, market modes, and supporting players. These components encompass critical elements such as drayage networks, global trade management, load boards, rating engines, freight audit, payment systems, and forecasting methods, highlighting the intricate and multifaceted nature of the transportation industry’s functioning.


Transportation continues to be a large percentage of the global economy.

In the US alone, transportation represents more than 8.5% of GDP, which amounts to more than $1.3 trillion in revenue for the carriers. In the EU, which reports their base numbers slightly differently, it’s more than €533 billion. And an interesting statistic for the EU is that about 13% of the consumer cost or ‘value consumption’ is based on transportation costs. Getting great numbers from the rest of the world is tough, but consider that in China transportation costs represent, by various estimates, between 13% to 18% of their gross domestic product.

Our world relies on trade. And trade moves over the transportation system. According to the World Bank, more than 49% of the goods we use are sourced from global trade. 78% of imports arrive in the US via ocean transport. Our commodities—fuel, grains and so on—still travel on railroads. And virtually all goods travel by truck at some point—on a global basis, finished goods alone may move from truck to truck up to a dozen times.

The transportation and logistics sector in the US employs a large percentage of our population as carriers, warehouse workers, and so on.

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