Management Dynamics, a provider of Global Trade Management solutions, announced that it has changed its name to Amber Road. Derived from the ancient trading route of the same name, Amber Road evokes images of trade throughout history and more accurately embodies the nature of the company's business.

The name change comes during a year of rapid expansion, marked by a 40 percent growth in employees, a 325 percent increase in European bookings, and the opening of a flagship office in Tysons Corner, Virginia.

Originally established as a U.S.-based provider of freight management software, Global Trade Management's SaaS-based solutions now span fourteen software products that include global transportation management, import/export compliance, supplier management, supply chain visibility, and a content knowledgebase covering trade regulations and tariffs for more than 120 countries.