Transportation accounts for 50 percent or more of the logistics costs of most companies. It's no wonder most are looking at such options as fuel hedging, improving load factors, putting their transportation out for bid, investigating intermodal and rail, and collaborating with others. And, of course, investing in transportation management systems, says Adrian Gonzalez, research director of ARC Advisory Group. The TMS market was valued at $1bn in 2006, and it's only going to grow, he says. "If you can't justify a TMS in this environment today, I don't know when you can." [Run Time (Min): 15:57]
Timely, incisive articles delivered directly to your inbox.