FourKites reinforces its leading position in the supply chain visibility market with a year of strong growth and innovation

AMSTERDAM–()–Supply chain visibility leader FourKites today announces strong global growth in 2022 as the company realizes its vision of automated, interconnected and collaborative supply chains that span transportation, warehouses, stores, trucks and more. The company has achieved 70% growth in new customers, with over 1,200 of the world’s most recognized brands now using FourKites to track over 3 million shipments worldwide every day.

New customers using FourKites to transform their supply chains include QVC, Ahold Delhaize, Volvo Group, Rohlig Logistics, Fiberpartner, Chevron Corporation, SpaceX, Molson Coors, Bacardi and 3T – confirming Gartner’s ranking of FourKites as as leader in Gartner 2022® Magic Quadrant™ for real-time transportation visibility solutions, and the visibility provider of choice for customers with the most complex supply chain needs.1

In 2022, FourKites achieved the following in Europe:

  • Growth doubled in European shipments to 120 countries and territories

  • 40% growth in European customers

  • 24% growth in the number of carriers tracking shipments

  • Over 2.4 billion miles tracked in the region

Industry giants back FourKites’ long-term vision on supply chain transformation

In addition to strategic investments in 2021 industry heavyweights Qualcomm Ventures, LLC, Volvo Group Venture Capital AB and Zebra Technologies, over the past year FourKites has entered into strategic partnerships with a number of industry titans to continue to deliver is implementing its bold vision for the future of digital supply chains. These companies include fedex, Silent Platforms, Mitsui & Co., Ltd., sony, Microsoft and Narvar. The real-time supply chain visibility pioneer was also recognized for its industry leadership and continued innovation by Gartner, SupplyChainBrain, blue over there, Built in Chicago, Manhattan Associates and Food Shippers of America.

Unique Customer Collaboration Model Continues to Deliver Industry-First Innovations

Close collaboration with customers has been the foundation of FourKites’ product development since the company’s inception. More than nine out of 10 FourKites customers are active contributors to the company’s IdeaExchange, and FourKites’ Innovation Partner has generated over 200 product enhancements from over 70 companies, including Andersen Corporation, Canfor, Cardinal Health, Ecolab, Henkel, Kimberly-Clark, Smithfield, and Sprouts Farmers Market, among others.

New solutions released in 2022 include:

  • New detention and demurrage capabilities to help shippers more quickly and proactively identify potential detention and demurrage charges; prioritize exceptions based on likely business impact; and proactively adjust carriers, lanes, or other factors as needed.

    • “FourKites’ automated reporting and tracking for the ocean provides more accurate, real-time data, allowing Canfor to respond more quickly to customer requests with up-to-date information about our upcoming expeditions that would otherwise have been required. be tracked manually.” — Bob Hayes, Vice President of Global Supply Chain at Canfor

  • Patented Innovations in Sea Shipping that provide international shippers and their partners with complete visibility into all the complex documentation requirements at every stage of every ocean shipment.
  • A Net Zero Initiative to help companies reduce supply chain emissions, including FourKites’ Sustainability Hub, a suite of analytics tools to provide better visibility into resource consumption and waste generation; a new sustainability advisory board; and ongoing original research on sustainability.

    • “To track emissions and assess our performance, everything relies on data. And it’s a place where we’ve been thrilled with our partnership with FourKites, because without it, we wouldn’t have the critical data we need to operate well. — Karen Betancourt, Vice President of Logistics at Cardinal Health

  • A new unified client interface that integrates real-time transportation visibility and facility-specific data across all modes.

    • “FouKites continues to excel and impress me with their ability to provide useful tools and support our account in a customer-first manner. Working with them, they have been able to roll out coverage in multiple countries, manage the work and improve their tool along the way. I am very impressed with their product and the agility of delivery. — Logistics Strategy Analyst, Manufacturing

“Over the past year, we have worked closely with our community of supply chain leaders and partners to introduce solutions and valuable insights to better manage inventory, improve supplier ecosystem efficiency, streamline international shipping, improving sustainability – and so much more,” says FourKites. founder and CEO Mathew Elenjickal. “In 2023, we look forward to helping our customers take their logistics operations to the next level, expanding their understanding of their network and at the SKU level. Together we will build a more resilient and agile supply chain. »

About FourKites

FourKites Leading Supply Chain Visibility Platform® extends visibility beyond transportation into jobsites, warehouses, stores and beyond. Tracking over 3 million shipments per day by road, rail, ocean, air, parcel and last mile, and reaching over 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end procurement. Chains. More than 1,200 of the world’s most recognized brands, including 9 of the top 10 CPGs and 18 of the top 20 food and beverage companies, trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit

1 Gartner, Critical Capabilities for Real-Time Transportation Visibility Platforms, Carly West, May 24, 2022.

Leave a Comment