ATLANTA, March 28, 2023 (GLOBE NEWSWIRE) — IntelliTrans, the leading provider of global multi-modal solutions for optimizing supply chain operations in the bulk and break-bulk industries, discusses the success factors for a managed transportation services company in today’s volatile market. IntelliTrans Managed Services leverages IntelliTrans Transportation Management System technology to help customers execute their freight, provide visibility to track freight in transit, and manage forward-staged inventory so customers can see how many products their customers have or how much inventory they have dropped out of warehouses on the network.

“The pandemic has had a significant impact on the managed transportation services industry,” said Ken Sherman, President of IntelliTrans. “Faced with disruptions to supply chain operations, challenges in attracting and retaining talent, and increased pressure on logistics networks, many companies have turned to managed service providers to manage their transportation operations.”

The global managed transportation services market was valued at US$3.05 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 11.3% from 2021 to 2028, according to a report Grand View Research. This growth is due to the increasing demand for efficient and cost-effective transportation solutions, the need for real-time visibility and tracking of shipments, and the increasing need to manage disruptions in the industry such as: B. rising fuel costs, driver shortages, and increasing regulatory compliance requirements.

In today’s market of layoffs coupled with the challenges of hiring and retaining talent, IntelliTrans’ customers leverage the company’s experience gained from working with similar companies. To thrive in the managed services industry, organizations must focus on trust, transparency, collaboration, and teamwork. Other best practices in transportation management include:

• Use technologies like IntelliTransTMS to…