According to a report by Allied Market Research, the transport management system market is expected to decline due to the impact of COVID-19 on the transportation sector. The market helps industries with procurement and freight shipment through route planning and order management tools. Digitalization and demand for cloud-based transportation are driving market growth, while high installation costs are hindering it. Cloud-based logistics planning and software are being used to reduce empty trucks and improve transportation efficiency. Inet-Logistics GmbH, JDA Software, and Oracle Corporation are among the top companies in the market.
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