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Freight Broker Software


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WISE logo
 
WISE by Royal 4 Systems is a rules-based warehouse management (WMS) system that is able to support a number of industries, including 3PL, automotive, food and beverage and industrial machinery. WISE helps users manage core warehouse... Read More
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WISE by Royal 4 Systems is a rules-based warehouse management (WMS) system that is able to support a number of industries, including 3PL, automotive, food and beverage and industrial machinery. WISE helps users manage core warehouse... Read More
 
SAP S/4HANA logo
 
SAP S/4HANA (for Supply Chain Management) is an integrated enterprise resource planning (ERP) software suite designed for businesses of all sizes and kinds. The product caters to multiple industry verticals, such as manufacturing,... Read More
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SAP S/4HANA (for Supply Chain Management) is an integrated enterprise resource planning (ERP) software suite designed for businesses of all sizes and kinds. The product caters to multiple industry verticals, such as manufacturing,... Read More
 
Oracle SCM Cloud logo
 
Oracle SCM Cloud is a cloud-based supply chain management solution that offers distribution, manufacturing, inventory management and fleet management within a suite. The product features product development, which allows users to... Read More
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Oracle SCM Cloud is a cloud-based supply chain management solution that offers distribution, manufacturing, inventory management and fleet management within a suite. The product features product development, which allows users to... Read More
 
3G-TM logo
 
3G-TM is a cloud-based and on-premise transportation management solution that is suitable for shipping and third-party logistics companies. It features order management, freight audit and payments, reporting and others. The solution... Read More
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3G-TM is a cloud-based and on-premise transportation management solution that is suitable for shipping and third-party logistics companies. It features order management, freight audit and payments, reporting and others. The solution... Read More
 
TECSYS EliteSeries logo
 
EliteSeries is a user-friendly Supply Chain Management solution from TECSYS. In addition to flexible deployment options, open source architecture gives companies maximum flexibility to customize and integrate the system.
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EliteSeries is a user-friendly Supply Chain Management solution from TECSYS. In addition to flexible deployment options, open source architecture gives companies maximum flexibility to customize and integrate the system.

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BluJay Solutions Procurement logo
 
BluJay Solutions’ Transportation Management offers cloud-based procurement, supply chain planning, execution and settlement transportation. Users also have access to BluJay’s Global Trade Network with various connected partners.... Read More
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BluJay Solutions’ Transportation Management offers cloud-based procurement, supply chain planning, execution and settlement transportation. Users also have access to BluJay’s Global Trade Network with various connected partners.... Read More
 
Infor Supply Chain Management logo
 
Infor provides supply chain solution designed for the enterprise-level organizations. It provides information on the details of the supply chain, forecast, planning, scheduling and execution. Infor SCM is suitable for a number of... Read More
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Infor provides supply chain solution designed for the enterprise-level organizations. It provides information on the details of the supply chain, forecast, planning, scheduling and execution. Infor SCM is suitable for a number of... Read More
 
MercuryGate logo
 
MercuryGate is a transportation and supply chain management system (SCM) suitable for businesses of any size in a variety of industries. It can be deployed as either a cloud-based or on-premise solution. It offers support for all carrier... Read More
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MercuryGate is a transportation and supply chain management system (SCM) suitable for businesses of any size in a variety of industries. It can be deployed as either a cloud-based or on-premise solution. It offers support for all carrier... Read More
 
Transwide TMS logo
 
Transwide is a modular and carrier neutral Transportation Management Solution that is delivered in a Software as a Service format. The suite of integrated modules provides the tools for carriers to source, plan, execute, settle, and... Read More
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Transwide is a modular and carrier neutral Transportation Management Solution that is delivered in a Software as a Service format. The suite of integrated modules provides the tools for carriers to source, plan, execute, settle, and... Read More
 
NorthStar WMS logo
 
NorthStar WMS is a cloud-based warehouse management system for small, midsize and large businesses. It serves wholesale distribution, food processing, e-commerce, manufacturing and supply chain industries. Primary features include... Read More
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NorthStar WMS is a cloud-based warehouse management system for small, midsize and large businesses. It serves wholesale distribution, food processing, e-commerce, manufacturing and supply chain industries. Primary features include... Read More

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Rose Rocket logo
 
Rose Rocket is cloud-based transportation management software (TMS) that helps manage the business requirements of Less-Than-Truckload (LTL) carriers. Rose Rocket can be used either as a full-suite TMS or carriers can add any Rose... Read More
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Rose Rocket is cloud-based transportation management software (TMS) that helps manage the business requirements of Less-Than-Truckload (LTL) carriers. Rose Rocket can be used either as a full-suite TMS or carriers can add any Rose... Read More
 
ViewPoint Logistics logo
 
ViewPoint Logistics is an on-premise third-party logistics (3PL) solution that helps businesses to manage various activities of the supply chain process such as storage, handling and distribution of materials. ViewPoint Logistics... Read More
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ViewPoint Logistics is an on-premise third-party logistics (3PL) solution that helps businesses to manage various activities of the supply chain process such as storage, handling and distribution of materials. ViewPoint Logistics... Read More
 
U Route logo
 
U Route is a transportation management system that was designed to tighten the link between shippers and their core carriers. Offering a host of features in a scalable web-based environment, U Route is a suitable option for companies... Read More
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U Route is a transportation management system that was designed to tighten the link between shippers and their core carriers. Offering a host of features in a scalable web-based environment, U Route is a suitable option for companies... Read More
 
HighJump Warehouse Advantage logo
 
HighJump Warehouse Advantage is an adaptable, process-based warehouse management system (WMS) designed to be tailored to companies’ unique business practices. Due to its modular design, users can pick and choose from a suite of applications... Read More
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HighJump Warehouse Advantage is an adaptable, process-based warehouse management system (WMS) designed to be tailored to companies’ unique business practices. Due to its modular design, users can pick and choose from a suite of applications... Read More
 
ShipHawk logo
 
ShipHawk is a cloud-based transportation management solution (TMS) for medium-to-high volume parcel and less-than-truckload freight shippers. The system supports parcels, less-than-truckload freight, first and final mile carriers and... Read More
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ShipHawk is a cloud-based transportation management solution (TMS) for medium-to-high volume parcel and less-than-truckload freight shippers. The system supports parcels, less-than-truckload freight, first and final mile carriers and... Read More

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ShippersEdge logo
 
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 costs.... Read More
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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 costs.... Read More
 
UltraShipTMS logo
 
UltraShipTMS is a cloud-based transportation management system with integrated private fleet management capabilities for in- and out-bound logistics across all modes. The core TMS module automates the processes associated with rating,... Read More
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UltraShipTMS is a cloud-based transportation management system with integrated private fleet management capabilities for in- and out-bound logistics across all modes. The core TMS module automates the processes associated with rating,... Read More
 
Latitude WMS logo
 
Latitude WMS is a warehouse management solution for retail and wholesale distributors of all sizes. Key features include cycle counting, performance metrics, picking, putaway, receiving and WMS training. Latitude WMS provides users... Read More
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Latitude WMS is a warehouse management solution for retail and wholesale distributors of all sizes. Key features include cycle counting, performance metrics, picking, putaway, receiving and WMS training. Latitude WMS provides users... Read More
 
BlueCherry logo
 
BlueCherry is an enterprise resource planning (ERP) suite featuring modules for omnichannel planning, product lifecycle management (PLM), shop floor control, logistics, e-commerce, finance and electronic data interchange. It is suitable... Read More
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BlueCherry is an enterprise resource planning (ERP) suite featuring modules for omnichannel planning, product lifecycle management (PLM), shop floor control, logistics, e-commerce, finance and electronic data interchange. It is suitable... Read More
 
Apprise logo
 
Apprise offers organizations an enterprise resource management (ERP) and supply chain management solution developed for consumer goods manufacturers, importers and distributors. It is suitable for companies operating internationally... Read More
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Apprise offers organizations an enterprise resource management (ERP) and supply chain management solution developed for consumer goods manufacturers, importers and distributors. It is suitable for companies operating internationally... Read More
 

Buyer's Guide

by Lisa Hedges,
Content Analyst
Last Updated: July 19, 2018


While 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:

What Is Freight Software?
Common Features of Freight Software
What Type of Buyer Are You?
Pricing: Web-Based vs. On-Premise

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).

uroute

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.
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  • 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.

pricing

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.

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Ten Steps Guide to Selecting the Right SCM Software

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Small and Mid-Size Warehouse Management Comparison

 

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