Oracle has announced the release of v6.3 of its Oracle Transportation Management (OTM) and Oracle Global Trade Management solutions.

Oracle’s new Transportation Management release includes enhancements to:

• fleet management
• transportation sourcing,
• transportation business intelligence
• transportation operational planning
• rail transportation
• workflow and event management
• freight payment, billing, and claims
• document management
• customs management

In this release is also mobile-enablement in the freight tender process, order/shipment visibility, event management, and transportation business intelligence.

Oracle’s new Global Trade Management release includes a new module, Oracle Customs Management [link opens PDF].

The release also includes the following enhancements:

• new end-to-end license management capabilities for such regulatory-focused industries as aerospace and defense, high technology, and life sciences
• customer-driven usability enhancements for advanced product classification and export compliance (including a new restricted party screening workbench
• enhanced visibility for tariffs, duties, taxes, and other regulatory controls
• new license management features (automated license assignment, balance management, proactive expiration/license assignment notifications) that streamline and simplify licensing processes

Oracle’s Transportation Management and Global Trade Management v6.3 follows releases v6.2 announced on January 10, 2011, and v6.1 announced January 11, 2010.