Travel and Transport

What Travel and Transport does

Travel and Transport, operating under the global brand Corporate Travel Management (CTM), is a corporate travel management company headquartered in Omaha, Nebraska, with regional headquarters in Australia/New Zealand, the UK/Europe, North America, and Singapore. Founded in 1946 and structured as a 100% employee-owned business, the company serves global enterprises and mid-market corporates across diverse industries — chemicals/manufacturing, investment banking, e-commerce, engineering, retail, and offshore services — with named accounts including Eastman, Baird, General Atlantic, Cimpress, HDR, Ross, Watlow, Franke, and Hornbeck Offshore. CTM also runs specialized verticals for entertainment, sports, government, and university travel, plus small business and resource-travel segments.

The company's core technology is an in-house-built cloud platform combining the Lightning Online Booking Tool (OBT), the Fare Forecaster predictive pricing engine, integrated travel risk management, pre-trip approval workflows, and sustainable travel / CO2 emissions tracking. CTM differentiates its content layer through exclusive NDC (New Distribution Capability) access with American Airlines and a direct API connection to Southwest Airlines — both unusual for a TMC of its size. Operational metrics the company highlights include under-90-second call response (vs. a 30-minute industry average), under-90-second booking time, 6-week global rollout capability for large programs, and a 4.26/5 client service rating.

Revenue is generated through a hybrid model: transaction fees and supplier commissions on air/hotel/car bookings intermediated between corporate travelers and suppliers, plus managed-services fees for strategic account management, 24/7 support, meetings & events, and travel program optimization. Pricing is quote-based and customized to client travel volume, program complexity, and service requirements, with no publicly disclosed rate cards. The company distributes primarily through direct enterprise field sales with dedicated account management teams in each region, supported by digital demand generation, demo requests, case studies, and a business-travel blog.

Name

Travel and Transport

Legal name

Corporate Travel Management

Website

https://travelandtransport.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Travel and Transport (CTM) is a 100% employee-owned corporate travel management company serving global enterprises and mid-market firms across four regions, combining in-house booking technology, predictive fare forecasting, and dedicated account management to manage business travel spend.

Ownership category

akta.pro rank

Product category

Corporate Travel Management

NAICS

Travel Agencies (561510), Travel Agencies (56151)

SIC

Transportation Services (4700)

akta.pro primary industry

Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB)

akta.pro secondary industries

Online Booking Tools (OBT) & Corporate Booking UX (THALAGAD), Duty of Care, Risk Management & Traveler Tracking (THAKAMAE), Corporate Travel & Expense (T&E) Management Platforms (THAKANAA)

Keywords

• Corporate travel management
• Business travel services
• Online booking tool
• Travel risk management
• Meetings and events

Headquarters

HQ city

Omaha

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Travel Transaction Management: CTM acts as intermediary between corporate travelers and travel suppliers (airlines, hotels, car rentals). Revenue is generated through transaction fees, commissions from suppliers, and service fees for booking and managing travel. The company combines innovative travel technology with personalized service to deliver savings, safety, and improved travel experiences.
2. Managed Services: Ongoing account management services including strategic account management, 24/7 customer support, and travel program optimization delivered by dedicated service teams in every region.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Travel and Transport operates as a corporate travel management company providing end-to-end business travel solutions, including its proprietary Lightning online booking tool, predictive Fare Forecaster technology, and dedicated account management services. The company combines innovative travel technology with personalized service to deliver cost optimization, policy compliance, traveler safety, and consolidated booking analytics for enterprise clients.

Product overview

CTM (Corporate Travel Management) offers a unified platform-plus-modules architecture combining proprietary travel technology with personalized service. The core offerings include Lightning (in-house built online booking tool), Fare Forecaster (predictive pricing technology), and integrated travel risk management, supplemented by specialized services for entertainment, sports, government, university, and SME segments. CTM's technology stack integrates with major airlines (American Airlines NDC, Southwest API) and connects with expense and HR systems, delivering savings, safety, and enhanced traveler experiences through a global service model.

Differentiator

Problem solved

Functional benefit

Products and services

• Lightning Online Booking Tool Proprietary in-house online booking tool (OBT) that combines flight, hotel, and car rental booking with flexible travel policy controls for business travelers and corporate travel managers.
• Fare Forecaster Predictive fare forecasting technology that analyzes historical pricing data and market trends to identify optimal booking times and potential flight savings for business travelers.
• Corporate Travel Management Services Comprehensive corporate travel management services including strategic account management, 24/7 customer support, supplier negotiations, and travel program optimization for enterprise clients.
• Meetings & Events End-to-end management services for corporate meetings, incentives, conferences, and group travel programs, handling logistics and on-site coordination.
• Strategic Account Management Dedicated account management services for strategic enterprise clients, including ongoing travel program optimization and personalized service delivery.
• Small Business Solutions Tailored travel management solutions designed for small and medium-sized enterprises requiring cost-effective booking tools and policy management.

Quantifiable outcome

• Response time under 90 seconds vs 30-minute industry average
• +4 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• American AirlinescoreTechnology or IntegrationExclusive access to NDC (New Distribution Capability) fares from American Airlines, enabling CTM clients to access airline content not available through traditional distribution channels.
• Southwest AirlinescoreTechnology or IntegrationDirect API connection to Southwest Airlines providing real-time access to Southwest fare content and booking capabilities.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• American Express Global Business Travel (Amex GBT): Amex GBT is the largest direct competitor to Travel and Transport/CTM in corporate travel management, serving similar global enterprise clients with comparable booking tools, account management, and supplier negotiation capabilities. It competes head-to-head for the same multinational RFPs.
• CWT (formerly Carlson Wagonlit Travel): CWT is a long-established global TMC offering corporate travel booking, meetings & events, and consulting services to multinational clients. It competes directly with Travel and Transport in the global enterprise and mid-market segments with similar service models.
• BCD Travel: BCD Travel is a leading global corporate travel management company serving large multinational enterprises, directly competing with Travel and Transport across booking technology, account management, and travel program optimization.
• Direct Travel: Direct Travel is a US-based mid-to-large TMC serving corporate and leisure clients with similar enterprise account management and online booking capabilities. It is a frequent head-to-head competitor in North American corporate RFPs.
• Frosch International Travel: Frosch is a US-focused corporate and luxury travel management company serving enterprise and high-net-worth leisure clients. It overlaps with Travel and Transport in mid-market and enterprise corporate travel across North America.

Emerging players

• Navan (formerly TripActions): Navan is a tech-forward corporate travel and expense platform targeting enterprise and mid-market clients with consumer-grade UX and direct supplier integrations. It represents the cloud-native competitive threat to traditional TMCs like Travel and Transport.
• Spotnana: Spotnana is a cloud-native Travel-as-a-Service platform serving TMCs, corporates, and suppliers with open APIs and modern booking infrastructure. It enables traditional TMCs (and competes with them) by offering modern alternatives to legacy GDS-based booking flows.

Broad incumbents

• SAP Concur: SAP Concur is the dominant corporate travel and expense management software platform, providing T&E booking, expense, and invoice tools to enterprises globally. While primarily a software/infrastructure provider, its Concur Travel offering competes directly with TMC booking tools in the same enterprise stack.
• Internova Travel Group: Internova Travel Group is a holding company for multiple corporate and leisure travel brands (including Global Business Travel, Tzell, Protravel). It competes with Travel and Transport broadly through its corporate travel subsidiaries in the US enterprise and mid-market.

Regional players

• World Travel Inc. (WTI): World Travel Inc. is a US-focused corporate travel management company with strong North American enterprise client base. It competes regionally with Travel and Transport's North America business for corporate travel RFPs.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tandtnews
• LinkedInlinkedin.com/company/travel-and-transport

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Travel and Transport