3T Logistics, Europe’s largest independent 4th Party Logistics (4PL) Provider, has been recognised in the 2018 Gartner Magic Quadrant for Transportation Management Systems . 13 companies from across the world were included in the Quadrant this year. 3T Logistics was one of two companies headquartered in the UK to be included.
Published in March 2018, the report focuses on multimodal domestic transportation management systems (TMSs) that are a subset of the global TMS market. According to the report, “The primary emphasis is on systems that support for-hire transportation management operations. This is where users employ a variety of shipping modes, including over the road, private/dedicated fleet, small package, rail and intermodal.” Key criteria for inclusion in the 2018 Magic Quadrant for Transportation Management Systems were listed as follows:
• Breadth of the TMS
• Depth of the TMS
• Usability and adaptability
• Global go-to market strategy and offering
• Partner ecosystem
• Vision, thought leadership, roadmap and track record
• A compelling SCE convergence strategy
In the 2018 Magic Quadrant report, 3T Logistics was placed in the Niche Players quadrant.
CEO Steve Twydell was delighted with 3T Logistics’s inclusion, saying: “Everyone at 3T is thrilled! We feel that the Gartner Magic Quadrant positioning showcases our innovative and unique approach to transport management.”
The company, currently going through an exciting global expansion phase, has a strong presence in the aftermarket, automotive, construction, retail and packaging industries. 3T solves complex logistics challenges for companies with a freight spend of between $1.5 million and $100 million. Some of the companies that use the 3T TMS include JCB, Honda, Kuehne + Nagel, Klockner Pentaplast, Recticel and Aggreko.
Tim Fawkes, Managing Director of 3T Logistics, added: “We have made R&D a major focus over the last decade to ensure that our cloud-based products offer cutting edge logistics solutions for customers.”
According to the report, “Gartner continues to see the TMS market grow at an accelerated rate. Factors such as the need to reduce costs; improve internal productivity, efficiency and customer service; increase visibility; and make better use of capacity are driving the growth of the market through 2022. The Americas regions will continue to lead the global TMS market in volume of implementations, followed by EMEA, and then APAC.”