Transplace recognized n ° 1 in the market study of managed transport services of ARC Advisory Group
DALLAS – (COMMERCIAL THREAD) –To transfer, the leading provider of logistics technology and services, today announced its number one ranking in the recent report released by the ARC Advisory Group Managed Transportation Services (MTS) Market Research. ARC is the leading technology research and consultancy firm for industry and infrastructure. The prestigious report ranked Transplace number one in market share and number one in cargo under management among the world’s leading MTS suppliers.
âARC conducts rigorous research on the supply chain industry and we are honored to be recognized as a leader in managed transportation services,â said Frank McGuigan, CEO of Transplace. âRankings are based on our product innovations leveraging AI and machine learning, as well as our $ 11 billion in cargo under management. ARC also acknowledged our recent acquisition of Lanehub, which encourages shipper-carrier collaborations by automatically connecting complementary freight lanes, streamlining continuous trips and saving on shipping costs.
ARC MTS research study provides current market analysis along with a global market and five-year technology forecast. This new research is based on ARC’s cutting-edge market research database, extensive primary and secondary research, and proprietary economic modeling techniques. Steve Banker, vice president of supply chain services and author of this study, cited one of the growth drivers in this market being the excellent return on investment of these solutions. âWe did a survey in this area and survey participants said their freight costs would increase by 12% or more if they stopped working with their MTS provider. ”
McGuigan added, âThe ARC report highlights strategies for MTS ‘success and we are excited to establish best practices, including leading technology, strong consulting capabilities and pricing flexibility. The CRA focuses on hiring the best people, training employees and maintaining a culture of continuous improvement. I am proud to say that Transplace’s teams are made up of logistics technology innovators with extensive supply chain experience in key industries in North America and Europe.
Connect with a Transplace expert to learn more about innovations in managed transportation services and customized logistics strategies for the automotive, chemicals, consumer packaged goods, electronics and retail industries. technology, energy, manufacturing, oil and gas and retail: transplace.com/transplace-contact.
About the CRA
ARC Advisory Group is the leading technology research and consultancy firm for industry and infrastructure. ARC’s technology and trend coverage spans from business systems to product and asset lifecycle management, supply chain management, operations management, energy optimization and automation systems. ARC’s analysts and consultants have the industry knowledge and first-hand experience to help clients find the best answers to the complex business problems facing organizations today. Learn more about www.arcweb.com.
Transplace is a technology and services company that hosts a proprietary logistics platform and provides engineering and execution services to global shippers. The platform and the service offering offer process automation, network optimization and transparency, which improves the position of services and costs. Transplace also provides value-added services through our Strategic Capacity Services business (Truck Brokerage and Intermodal) and our Border Management business, which includes customs brokerage and logistics services at the Mexican border. . With over 1,000 customers and $ 11 billion in freight under management (FUM) in North America alone, and a growing customer base in Europe, Transplace continues to deliver smart solutions that grow and differentiate supply chains. of its customers. To find out more visit www.transplace.com or follow us on Twitter and LinkedIn.