The institute's stated objectives are among others: Its principal activity has been the distribution of awards to companies, nominally those with innovative transport products and services.
Through the decades and as a result of incredible growth in the industry, the Institute of Transport Management had increased its award categories.
In 2001, Dealers Choice Award was introduced to reflect the opinions of the automotive industry through their interaction with products and customers.
The process started in 2013 where the Institute focused on updating their database and fostering new links around the world so that they are up to date on the most current research prior to the 2014 re-launch.
The re-branding of the companies website from ITMawards to ITM World[1] is an enlargement strategy employed to give the institute a worldwide presence in the evolving transport industry and revive the long-standing achievement of the international awards body.