Businesses are striving to increase their profit margin. Improving profits and reducing expenses help businesses increase their overall revenue. Load planning services & solutions are a highly effective way for transportation companies to reduce their expenditure. Load planning is the process of merging shipments, so that limited number of vehicles are required to transport goods. It reduces transportation and labor costs. Load planning services & solutions use GPS tracking for improved efficiency. With the help of GPS tracking, users can track the real-time location of shipments. Load planning services & solutions enable users to monitor various stages of the load-planning process. It provides notifications related to issues, such as, improperly stowed hazardous materials and weight imbalances.
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Using load planning services & solutions, transportation companies can save time and resources and minimize safety risks and hazards. Load planning services & solutions have some features such as automatic palletizing before vehicle loading, provide real time tracking, improves the visibility of operations, minimize the number of shipping units.
The global load planning services & solutions market is driven by the rise in demand for efficient and effective load plans for multi-modal operations for aircraft, vessels, trucks/trailers, and railcars. Rise in adoption of cloud/web-based technologies is another key factor propelling the load planning services & solutions market globally. Web-based solutions provide in-transit cargo visibility, end-to-end supply chain and real time visibility through information visualization, distribution planning, and forecasting.
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Additionally, increase in demand for reducing sustainment, carrier and operational costs from customers is anticipated to boost the demand for load planning services & solutions around the globe. Furthermore, the need to maximize the use of transportation assets and improve customer service is projected to fuel the demand for load planning services & solutions globally. Rise in demand for cloud-based solutions in the transportation industry due to their cost and time-effectiveness is anticipated to create new opportunities for the load planning services & solutions market in the next few years.
The global load planning services & solutions market can be segmented based on component, deployment, enterprise size, end-user, and region. In terms of component, the load planning services & solutions market can be bifurcated into solutions and services. The services segment can be divided into professional services and managed services. Based on deployment, the market can be segmented into on-premise and cloud-based. In terms of enterprise size, the market can be categorized into small and medium enterprises and large enterprises. Based on end-user, the market can be classified into retail, consumer goods, food & beverage, transportation, and oil & gas.