FTR's Shippers Conditions Index (SCI) for May, at -3.1, reflects the current manageable capacity utilization, which is expected to remain in place through 2015. As a result of improved capacity and low fuel prices, shippers are getting a welcome respite from rate increases. This environment should be maintained throughout the year. However, conditions affecting shippers will deteriorate in 2016 as the pressure from expected new regulations will put a significant drag on capacity.
The Transportation Software market is a large and varied market. Most researchers understate the size of this market since they focus on a few big and well-defined companies. However, there are hundreds of software and content firms in the transportation market. And amazingly, more entrants all the time.
Use of transportation management systems has more than tripled in the last 10 years, according to a survey of 1000 transportation professionals by InMotion Global, provider of the AscendTMS.
Jay Douglass, sales director with Eyefreight, details the role of cloud software in the U.S. transportation environment, and talks about how a transportation-management system can strengthen a shipper's market position.
Aljex Software Inc., a vendor of cloud-based software for third-party logistics providers and carriers, has integrated its offering with FourKites, Inc., provider of a shipment-tracking application for shippers and brokers.