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Alvys
Alvys
Alvys is a modern cloud-based TMS. It simplifies everything from quotes to cash with its forward-thinking carrier, broker, and hybrid workflows. The best part? Their native EDI solution. Say goodbye to EDI headaches - Alvys has tr...Read more about Alvys
Rose Rocket
Rose Rocket
Rose Rocket TMS is a transportation management software built for modern trucking companies and brokerages. The software helps you input orders, generate contracted rates and spot quotes, track & trace shipments, manage documents,...Read more about Rose Rocket
Excalibur WMS
Excalibur WMS
Excalibur WMS by Camelot 3PL is a cloud-based or on-premise warehouse management solution (WMS), designed exclusively for third-party logistics (3PL) warehouses and fulfillment operations. Excalibur is customizable for a variety o...Read more about Excalibur WMS
MyCarrierTMS
MyCarrierTMS
MyCarrier was formed, inspired, and driven by the shipping and logistics digital innovation possibilities. We aspire to be the ubiquitous platform that connects customers and carriers instantly and without barriers to fuel the fut...Read more about MyCarrierTMS
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15-minute consultationSoftware Advice is free because vendors pay us when they receive sales opportunities.
This allows us to provide comprehensive software lists and an advisor service at no cost to you.
This allows us to provide comprehensive software lists and an advisor service at no cost to you.
Tell us more about your business and an advisor will reach out with a list of software recommendations customized for your specific needs.
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LIVE Connect
LIVE Connect
Banyan Technology, the leading provider of freight management software for all over-the-road (OTR) shipping, delivers real-time intel, actionable insights, and instant access to information to help drive greater operational effici...Read more about LIVE Connect
Oracle Fusion Cloud SCM
Oracle Fusion Cloud SCM
Oracle Supply Chain Management (SCM) With Oracle Supply Chain Management (SCM) & Manufacturing, organizations can respond quickly to changing demand, supply, and market conditions. Seamlessly connect your supply chain to create a...Read more about Oracle Fusion Cloud SCM
ShippersEdge TMS
ShippersEdge TMS
ShippersEdge is a cloud-based transportation management solution that manages shipping logistics. It helps users manage shipments, submit claims and handle multiple carriers. ShippersEdge helps companies save time and control...Read more about ShippersEdge TMS
ShipperGuide TMS
ShipperGuide TMS
ShipperGuide TMS serves as a versatile freight management platform, empowering shippers to efficiently secure, plan, and execute freight operations. Simplify the freight procurement workflow through a centralized solution, providi...Read more about ShipperGuide TMS
Tai TMS
Tai TMS
Tai TMS is an all-in-one platform for quoting, booking, and tracking shipments. Tai TMS focuses on helping freight brokers grow their businesses. Tai automates the LTL shipping process and provides FTL brokers with a centralized p...Read more about Tai TMS
FreightPOP
FreightPOP
FreightPOP is the leading software in the logistics and supply chain management sectors, offering a comprehensive, cloud-based 5-in-1 platform that expertly caters to a wide range of shipping and transportation management needs. T...Read more about FreightPOP
Uber Freight
Uber Freight
Our managed transportation services are enabled by best-in-class technology to ensure your business can keep pace with the rate of change. Get peace of mind that you’re getting the most our of your TMS while we manage and optimiz...Read more about Uber Freight
TOTALogistix TMS
TOTALogistix TMS
TOTALogistix from Aptean has brought the efficiencies of a robust TMS to small and midsized shippers. TOTALogistix TMS is a powerful proprietary shipping engine with a user-friendly interface; enabling employees even those withou...Read more about TOTALogistix TMS
PCS TMS
PCS TMS
PCS TMS for Shippers and Carriers offers seamless management of your entire transportation network from the Cloud. The cloud-based TMS is intuitive, efficient and affordable for shippers, carriers and asset-based brokerages of all...Read more about PCS TMS
DAT iQ
DAT iQ
DAT iQ is a cloud-based data analysis solution for freight Brokers and Shippers. This product delivers comprehensive rate, capacity, and performance analytics solutions to equip Shippers and Brokers with actionable insights to red...Read more about DAT iQ
Trimble TMS
Trimble TMS
Trimble TMS solutions help carrier companies keep their costs and services competitive, while delivering significant value every day. Trimble’s TMS products helps businesses with fleet management, route optimization, dispatch, loa...Read more about Trimble TMS
Da Vinci Supply Chain Business Suite
Da Vinci Supply Chain Business Suite
Da Vinci is a cloud-based supply chain management (SCM) solution designed specifically for 3PLs, internet retailers and wholesale businesses with demanding warehouse, fulfillment and transportation needs. In addition to a WMS an...Read more about Da Vinci Supply Chain Business Suite
Honeybee TMS
Honeybee TMS
Honeybee TMS by CTSI-Global helps businesses streamline supply chain management with freight audit and payment, transportation management system, and business Intelligence. Data from past shipments can be used to improve process...Read more about Honeybee TMS
Neurored TMS & SCM Software
Neurored TMS & SCM Software
Prepare to catapult your operations into a thrilling new age of logistics with Neurored's TMS (Transportation Management System) & SCM (Supply Chain Management) solutions. These mighty software arsenals are primed to revolutionize...Read more about Neurored TMS & SCM Software
TMSfirst AI based TMS
TMSfirst AI based TMS
TMSfirst drives maximum supply chain artificial & business intelligence performance in any supply chain environment - Transportation, Planning, Scheduling, Management & Real-Time Transportation Visibility on One Platform connected...Read more about TMSfirst AI based TMS
Motive
Motive
Motive, formerly KeepTruckin, builds technology to improve the safety, productivity, and profitability of businesses that power the physical economy. The Motive Automated Operations Platform combines IoT hardware with AI-powered a...Read more about Motive
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Buyers Guide
Last Updated: March 16, 2023While larger-scale logistics solutions (known as "integrated suites" of software) tend to cover a wide variety of supply chain functions, freight software programs—generally marketed as “freight forwarder” or “freight broker” software—are specialized logistics solutions that focus on the shipping phase of the supply chain.
System features will vary depending on the vendor, but some freight software packages offer inventory control functionality, such as order and invoice automation, and dispatch capabilities in addition to shipping functionality. Because these features can be specific to certain shipping needs, it’s important to find the freight software system that best suits your business.
To help you understand the market, we’ve put together this buyer’s guide. Here’s what we’ll cover:
Common Features of Freight Software
Pricing: Web-Based vs. On-Premise](#pricing)
What Is Freight Software?
Freight software is a type of logistics software used primarily for tasks such as shipment quoting, carrier selection and route planning, tracking shipments, dispatching and inventory management. Many third-party logistics (3PL) businesses use freight software to facilitate their daily operations.
While some vendors offer freight software as part of a larger, integrated logistics platform, those systems may be too complex or cost-prohibitive for small to midsize shipping businesses that only need functionality related to their specific operations.
There is no uniform definition for these products, due to their variation in functionality. However, freight brokerage products are often geared towards specific types of businesses—for example, smaller 3PLs that only need to facilitate the shipment of goods between a manufacturer and customer. Freight forwarder software, on the other hand, may include added functionality, as freight forwarders generally offer storage options and may even ship goods themselves (more on this below).
Carrier selection feature in URoute frieght software
Common Features of Freight Software
Because the freight software category encompasses a variety of different products, it’s important to select the features specific to your business needs. Many freight software products offer some combination of the following features:
Quoting | Allows users to estimate prices for individual shipments based on factors such as weight and distance. This function is needed by 3PLs and other freight brokers in order to bid on shipments from manufacturers. |
Carrier selection | Determines the optimal carrier for a particular shipment, using factors such as price and route. Some systems can intelligently filter out carrier options based on your requirements to shorten the selection process. May offer a shipment consolidation function to pair similar shipments together for better pricing. |
Route planning | Also found in larger transportation management software packages; allows users to optimize shipping routes based on distance, fuel cost, load size and other factors. More suitable for domestic shipping operations, as most features are geared towards trucking (some, but not all, solutions can support international operations). |
Shipment tracking | Provides visibility into live shipments and delivery statuses. Many shipment tracking features offer snapshots of the shipment’s details, special delivery instructions and billing amounts. Modern technology allows for real-time tracking information, which can include estimated time of arrival and alerts in cases of delays or other issues. |
Dispatching | Tracks delivery vehicle capacity and delivery times. Some features also offer time logs for drivers, as well as other employee-management functions. These kinds of capabilities allow more oversight into delivery driver behavior and increases accountability among employees. |
Inventory management | Monitors freight being stored on the way to its final destination. Suitable for smaller freight and 3PL companies, as these features typically include basic inventory control functions only. (Full inventory management suites provide wider functionality geared towards larger warehouse operations and high-overhead businesses.) |
What Type of Buyer Are You?
Again, due to the variance in features that can be included in freight software products, it’s best to begin evaluating options based on the nature of your company’s operations:
Freight brokers. For companies that facilitate the bidding process between manufacturers, shippers and buyers, such as smaller or growing 3PL companies, freight broker software with a simple quoting feature may be the most functionality that is needed. These systems typically include additional tools such as invoicing or shipment tracking, though they may not be necessary for your business.
Freight forwarders. For businesses that do the above and offer additional storage or warehousing services for goods throughout the shipping process, freight software with added functionality may be required. This might include an inventory management component, which would help users keep track of the items coming in and out of their facility, or dispatching capabilities to assist with the shipment of goods.
Pricing: Web-Based vs. On-Premise
Pricing for these solutions is dependent on the functionality they offer and the deployment model that is chosen. Deployment models include:
Web-based. This is software that is hosted online, on servers managed by the software vendor, and that can be accessed by users from anywhere via an Internet browser. These are generally subscription-based (“Software-as-a-Service”) systems that charge either a monthly or annual fee, usually based on the number of users who will need to access the system.
Web-based deployment models are the most common freight software offerings on the market, particularly for small to midsize businesses. This is because these solutions often have a lower cost of entry than on-premise systems: There is no setup fee or additional hardware that needs to be purchased.
On-premise. This software is hosted on the buyer’s own servers, typically at the business location. For this type of software, buyers typically must purchase an upfront, perpetual license for continued use of the software; there is no additional subscription fee. However, users might see additional fees for upgrades, customizations or maintenance, and hardware may need to be purchased.
On-premise freight software solutions tend to be larger, more expensive systems that include a wide degree of functionality; they may actually be more similar to an integrated suite of transportation management or logistics software. However, these systems may be the right fit for certain businesses—particularly those with larger shipping operations.
Whichever deployment model you choose, there is one basic rule to keep in mind: the more functionality your freight software provides, the higher the price will be.