What TMS Is and Why It Is Important
There are plenty of industries that exist within the United States that are criminally underappreciated and overlooked by many people. Now, the word criminal is being used in exaggeration there but it is used to make a point. There are a handful of industries that are important to production and business, yet the average American knows very little about these industries.
The transportation management industry is definitely one of these industries that people have little gratitude for and yet it is so important in helping businesses across the nation have success. These types of industries are creating new ways for people to handle mass transportation shipments. This allows for more efficient work and helps benefits all parties of these shipping business interactions.
Implementing a transportation management system, or TMS, is something that can help any business succeed. This is especially so with all of the recent developments in technology that are now being integrated with the TMS, like tms with macropoint integrated. Here are all of the facts on tms with macropoint integrated and how it is improving business shipments.
Right now, the less-than-truckload or LTL market is projected to be at $35 billion across the nation. This is because transport management solutions and other TMS software are helping transportation business pick up more and more work. They are able to easily handle large-scale transportation jobs across the country.
Trucking transported nearly 15 billion tons of cargo in the year of 2013. Reports from the Bureau of Labor Statistics now report that by the year of 2040 that number is expected to increase to just about 18 billion tons. So there is no question that there is a place for TMS with macropoint integrated in the near future.
Another benefit of using TMS with macropoint integrated involves helping to prevent and curb theft from those who are trying to use mass transportation to move retail items. Data were collected by both CargoNet and FreightWatch International throughout the first three quarters of 2016. This data revealed that nearly 615 cargo-theft incidents were reported in that year.
The reason why the development of TMS with macropoint integrated is so important is that thefts may increase because of the projections that have been released surrounding the value of freight moved. The United States Department of Transportation has revealed that by the year 2040, the value of freight is projected to increase to $1,400.
Trucks carry the largest share of freight by value, tons, and ton-miles for shipments moving 750 or fewer miles. Rail, on the other hand, is the dominant mode by tons and ton-miles for shipments moved from 750 to 2,000 miles. Nearly 12 million trucks, rail cars, locomotives, and vessels move goods over the transportation network.
According to the Federal Motor Carrier Safety Administration, approximately 5.9 million commercial motor vehicle drivers operate in the United States. U.S. e-commerce revenue is about $423.3 billion and is steadily climbing. Whether it’s full truckload, less-than-truckload or parcel, carriers are being forced to adjust to changes in the retail industry.
Over the past ten years, the expansion of technology has changed how so many people live their daily lives. It has allowed for easier and simpler forms of communication and has also changed the landscape of retail. This is because people can easily order items online and have them shipped right to their home. As this becomes more and more popular, so will the development of TMS with macropoint integrated and other transportation management software.