
Stacking your TMS Tower
At a time when technology and software solutions are playing a larger and more critical role for freight forwarders, carriers and traders, our Ted Roth explains what exactly needs to be in a TMS Tower.
At a time when technology and software solutions are playing a larger and more critical role for freight forwarders, carriers and traders, our Ted Roth explains what exactly needs to be in a TMS Tower.
Between what I have read in the trade press and what I have heard in conversations with others in the industry here in Sweden and elsewhere, I think it is safe to say that there is some disagreement, debate, and maybe even confusion over what goes into a good TMS Tower.
Importantly, the discussion comes at a time when technology and software solutions are playing a larger and more critical role for freight forwarders, carriers, traders, and anyone else involved in the business for global trade or who works with a company that is.
A recent Market Study Report shows that the global Transportation Management Systems (TMS) market was valued at $1.8 billion in 2018 and is expected to reach $3.6 billion by the end of 2024, growing at an annual rate of 14.8% between 2019 and 2024.