As per Markets N Research, The freight transportation management market is projected to grow from USD 24.1 billion in 2021 and is projected to reach USD 39.3 billion by 2028; it is expected to grow at a CAGR of 8.50% from 2022 to 2028.

Chicago, Nov. 23, 2022 (GLOBE NEWSWIRE) — The report “Freight Transportation Management Market by Transportation Mode (Roadways, Railways, Marine, Airways) Offering (Solutions, Services), Deployment Mode (Cloud or Hosted, On-Premise), Organization Size (Large Enterprises, SMEs), Industry (Manufacturing, Retail & E-Commerce, Transportation, Fast Moving Consumer Goods (FMCG), Healthcare, Food & Beverages, Oil & Gas, Energy & Utility, Electronics, Automotive, IT & Telecom, Others) – Global Forecast to 2028″ The freight transportation management market is projected to grow from USD 24.1 billion in 2021 and is projected to reach USD 39.3 billion by 2028; it is expected to grow at a CAGR of 8.50% from 2022 to 2028.

The market is expected to expand due to several factors, including the unrelenting growth of the retail and e-commerce industries, aggressive use of the current transportation management systems and the introduction of innovation, as well as the strengthening of bilateral trade relations between various nations. The creation of information networks with quick interactions, quick transaction times, and more reliable shipments is projected to boost the expansion of the freight transportation management market in the rising…