Freight Transport Management Market Strategic Growth, Innovation & Investment Trends

Freight Transport Management Market Size, Share, Trends and Forecast Analysis

The freight transport management market is projected to reach USD 86.52 billion by 2034, expanding from USD 33.93 billion in 2025, at an annual growth rate of 10.96% during the forecast period from 2025 to 2034. The rising development in the logistics sector coupled with integration of AI in freight management platforms has driven the market expansion.

Additionally, the growing adoption of 3PL logistics by pharmaceutical companies along with technological advancements in modern warehouses is shaping the industry in a positive direction. The growing adoption of cloud-based fleet management solutions in large organizations as well as rapid urbanization in the developed nations is expected to create ample growth opportunities for the market players in the upcoming days.

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Introduction

The freight transportation management market is a prominent segment of the logistics industry. This industry deals in developing advanced solutions for managing freight transportation in different parts of the world. There are various solutions developed in this sector including freight transportation cost management solution, freight security and monitoring system, freight mobility solution, freight 3PL solution, and some others. The end-user of these solutions consists of manufacturing, retail, healthcare, oil and gas, food and beverage and some others. This market is expected to grow significantly with the rise of the e-commerce sector across the globe.

Highlights of the Freight Transport Management Market

• North America generated highest revenue of the freight transport management market.
• Asia Pacific is expected to rise with a significant CAGR during the forecast period.
• By offering, the solution segment held the largest share of the market.
• By offering, the services segment is expected to rise with a considerable CAGR during the forecast period.
• By application, the ocean freight segment led the industry.
• By application, the air freight segment is expected to grow with a significant CAGR during the forecast period.

Key Metrics and Overview

What are the Trends of Freight Transport Management Market in 2025?

The major trends in this market consists of smart warehouses, government initiatives and fleet management solutions.

Smart Warehouses

The logistics companies have started investing heavily for constructing warehouses that are integrated with advanced technologies such as AI and IoT.

Government Initiatives

The government of several countries such as India, China, the U.S., Canada, Germany and some others have launched numerous initiatives for strengthening the logistics sector.

Fleet Management Solutions

The fleet owners have started deploying advanced fleet management solutions for tracking movement of vehicles engaged in delivering goods.

Offering Insights

How Did The Solution Segment Led The Freight Transport Management Market In 2025?

The solution segment dominated the market. The growing adoption of advanced freight management solutions in large organizations has boosted the market expansion. Additionally, the rising demand for freight 3PL solutions and freight mobility solutions from the retail sector is expected to drive the growth of the freight transport management market.

The services segment is expected to grow with a considerable CAGR during the forecast period. The rising emphasis on planning and optimizing the movement of goods in the logistics sector has driven the market growth. Moreover, numerous partnerships among market players to deliver superior management services is expected to foster the growth of the freight transport management market.

Application Insights

What Made Ocean Freight To Be The Most Dominant Segment Of Freight Transport Management Market In 2025?

The ocean freight segment dominated the industry. The rising adoption of marine transportation for operating cross-border logistics operations has boosted the market expansion. Additionally, partnerships among e-commerce brands and freight managing companies for enhancing ocean freight services is expected to propel the growth of the freight transport management market.

The air freight segment is expected to rise with a significant CAGR during the forecast period. The growing adoption of air freight services by pharmaceutical companies for transporting vaccines and essential medicines at fast speed has driven the market growth. Also, deployment of advanced TMS solutions to cater the needs of the food and beverage industry has driven the growth of the freight transport management market.

Geographical Insights

Why North America Dominated the Freight Transport Management Market in 2025?

North America led the freight transport management market. The rapid development in the food and beverage industry in several countries such as the U.S. and Canada has boosted the market expansion. Additionally, numerous government initiatives aimed at developing the logistics sector as well as rise in number of warehouses is contributing to the overall industrial growth. Moreover, the presence of several market players such as Oracle Corporation, IBM Corporation, Infor and some others is expected to boost the growth of the freight transport management market in this region.

• In January 2025, Infor launched NexTrace. NexTrace is an AI-based logistics solution designed for tracking goods and managing supply chain. (Source: ERP Today Magazine Ltd)

Asia Pacific is expected to grow with a significant CAGR during the forecast period. The rapid growth of the e-commerce sector in various countries such as India, China, Japan, South Korea and some others has driven the market growth. Also, the growing adoption of air freight services for delivering medicinal items in different regions along with deployment of advanced warehouse management tools in smart warehouses has contributed to the industrial expansion. Moreover,, the presence of various freight transport management companies such as Kerry Logistics, NYK, SG Holdings Co., Ltd, First TIR Logistics and some others is expected to drive the growth of the freight transport management market in this region.

• In May 2024, First TIR logistics announced to open a hub in Western China. This hub is opened with an aim to boost trade in the Asia region. (Source: IRU)

Industry Leader Announcement

• In February 2025, Javier Selgas, the CEO of Freight Technologies, Inc. made an announcement stating that,” Fleet Rocket was conceived after purposeful conversations with our customers to address the growing demand for advanced tools to navigate and succeed in the rapidly evolving landscape of nearshoring and cross-border freight, our new TMS combines powerful features, seamless integrations, and fast implementation to create real value for our clients through reduced costs and risks, improved decision-making and operational efficiency, and elevated overall supply chain management performance.”

Competitive Landscape

The freight transport market is a rapidly developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of CEVA Logistics, Korber AG, Infor, SAP SE, DB Schenker, IBM Corporation, Freightos, FedEx Logistics, Coyote Logistics, Manhattan Associates, XPO Logistics and some others. These companies are constantly engaged in developing coach buses and adopting numerous strategies such as acquisitions, joint ventures, collaborations, launches, partnerships, and some others to maintain their dominance in this industry.

• In March 2025, Coyote Logistics launched a cloud-based TMS. This cloud-based transportation management system helps in boosting brokerage efficiency and eliminating manual process. (Source: Commercial Carrier Journal)
• In January 2025, FedEX launched FedEx Surround. FedEx Surround is an AI-based supply chain management platform designed for enhancing the logistics operations across India. (Source: FedEx)

• According to the annual report of Manhattan Associates, the revenue of the company in 2023 was around US$ 928725 thousand that increased to US$ 1042352 thousand in 2024.

Recent Developments

• In May 2025, Uber Freight launched an AI-based logistics network. This network is powered by large language model (LLM) and transportation management system (TMS). (Source: Supply & Demand Chain Executive)
• In February 2025, Rose Rocket launched TMS.Ai. TMS.Ai is a transport management platform based on OCR technology for capturing documents at a faster pace. (Source: Business Wire)
• In February 2025, Freight Technologies launched a transportation management system. This system is designed for the USMCA region. (Source: Pymnts)

Freight Transport Management Market Segments

By Offering

• Solution
• Freight transportation cost management
• Freight security & monitoring system
• Freight mobility solution
• Freight 3PL solution
• Service

By Deployment Model

• On-premises
• Cloud

By Application

• Road freight
• Rail freight
• Air freight
• Ocean freight

By End-User

• Manufacturing
• Retail
• Healthcare
• Oil & gas
• Food & Beverage
• Others

By Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• The Middle East and Africa