As capacity tightens with the continued rise in demand, digitizing tendering processes within transportation management systems will grow in popularity among shippers.

The transportation sector faced significant challenges in 2023, including rising operational costs that impacted each step in the supply chain.

No longer can companies afford to have silos, even those that have existed for many years. And it will be technology that breaks them down.

While a TMS can provide access to operational and market data, effectively utilizing that information to optimize supply chain operations goes beyond simply implementing the right technology.

Shippers should have contingency plans in place, maintain flexibility in their logistics strategies, and regularly assess their carrier partners' financial stability and performance.

Expect the next generation of TMS to help provide consumers with even faster delivery speeds, and businesses with greater volumes of information, better recommendations and more accurate predictions.