To perform management easily in the physical distribution management even when loaded objects must be transshipped.

The physical distribution management system to manage the transshipment of the loaded objects on which the objects are loaded by the unitary portion of loading and transported is equipped with a user terminal unit to be fed with the objects delivery information, transmit to a DB device, and receive the objects loading information from the DB device and emit it, a managerial terminal unit to receive the objects delivery information from the DB device, prepare the loading information on the basis of the information for distributing to carriages and by the unitary portion of loading, transmit the loading information to the DB device, and store it in a radio tag, and a carriage terminal unit furnished with an information acquisition part to read the loading information from the radio tag, read the object identifying information from the code affixed to the object, and enter the destination information of the object to be transferred, a memory part to store these pieces of information, an alter information preparation part to prepare the loading information altered on the basis of the stored information, and an alter information output part to allow the radio tag to update the altered loading information and transmit it to the DB device.