Business Wire

FOURKITES

22.5.2023 18:36:28 CEST | Business Wire | Press release

Share
FourKites Named a Leader in the 2023 Gartner® Magic Quadrant™ for Third Consecutive Year

Leading real-time supply chain visibility company FourKites today announces that, for the third consecutive year, it has been named a Leader in the 2023 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms* (RTTVPs). Gartner evaluated nine vendors for its report, and FourKites received its position as a Leader both for its Ability to Execute and Completeness of Vision.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230522005540/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

FourKites Named a Leader in the 2023 Gartner® Magic Quadrant™ for Third Consecutive Year. (Photo: Business Wire)

FourKites, the largest global visibility solution, tracks over 3 million shipments per day across all modes and connects the global supply chains of 50% of the Fortune 500, including customers in Europe such as Barilla, Henkel, Bayer, Dow, Volvo Group, cargonerds, Spotos and Bacardi. In 2022, FourKites achieved a 70% YoY growth in global customers — totalling over 1,200 — nearly 50% growth in total shipments and 37% growth in connected facilities, the latter of which now total over 3.2 million individual facilities around the world. In Europe specifically, FourKites saw 2X growth in shipments, across 120 countries and territories; 40% growth in European customers; 24% growth in the number of carriers tracking shipments; and nearly 3 billion miles tracked in the region.

“2022 was a year of tremendous growth and acceleration of our business,” said FourKites CEO and founder Mathew Elenjickal. “In addition to growing our shipper and carrier base around the world, we have forged strategic partnerships with industry titans, grown our C-suite with seasoned executives, and continued to innovate with our customers to add meaningful business value to their most critical pain points. We’re proud to be recognised as a Leader yet again by Gartner.”

What Customers Are Saying on Gartner Peer Insights™

FourKites continues to earn accolades for its unique customer-driven innovation model; for the maturity of its end-to-end, multimodal platform; and for its unwavering commitment to customer success.

“Supply chain management has become so much easier now. Gratification arises from knowing that our cargo has been safely delivered, because FourKites allows our team to keep track of exactly where it is. Having access to the data and analytics that FourKites has supplied has been necessary for decision-making, controlling the items exiting our facility, and efficiently monitoring shipments.”

Global Mobility Project Manager, UK, Finance

“As a solution provider, FourKites provides a remarkable coverage and support experience. They are an accelerator of our digital transformation initiatives and a great partner who pro-actively seeks feedback in order to gleam future needs and innovations to their roadmap.”

Global Futurist, UK, Software Industry

“To serve our customers, we need a platform that enables supply chain professionals to act quickly to fulfill their orders. Making decisions, regulating what leaves our facilities, and effectively tracking shipments have all required access to the data and analytics that FourKites has provided. The user interface is relatively simple and adaptable to the needs of each individual user, which makes it quite easy to use. … As the product has been so successful in the US, we want to expand it to our offices and affiliates abroad to take advantage of its popularity.”

VP of Supply Chain, Services (non-Government) Industry

“Working with FourKites has been great. They are constantly innovating and bringing new features or products to the table. They are also great at listening to customer feedback, ensuring the new features or upgrades align with customer needs.”

Transportation Systems Analyst, Consumer Goods Industry

“FourKites is bringing visibility that our supply chain has never had before. The notifications for delivery, real-time predictive ETAs are game changers for efficiency and the aggregate data provided by FourKites unlocks control tower capability.”

Director Domestic Transportation, Retail

“FourKites’ platform is complete and mature from an ocean, rail and truck tracking perspective, but they offer so much more when you start to look at their Yard Management and Appointment Scheduling tools. Their onboarding and customer success teams are professional and helpful. They are our partners in this ongoing journey.”

Supply Chain Professional, Retail

FourKites Leads Industry Innovation to Deliver Unprecedented Value

FourKites pioneered the real-time transportation visibility (RTTV) category in 2014 and was the first company to extend real-time visibility across supply chains end-to-end, from yards to warehouses and more. In addition to strategic investments in 2021 from industry heavyweights Qualcomm Ventures, LLC, Volvo Group Venture Capital AB and Zebra Technologies, FourKites recently has inked strategic alliances with Mitsui & Co., Ltd., FedEx, Quiet Platforms, Sony, Microsoft and Narvar. In addition, FourKites has been recognised for its industry leadership and innovation by SupplyChainBrain, Blue Yonder, Builtin Chicago, Manhattan Associates, and it is one of only four Transportation and Logistics companies to receive Inc.’s Best in Business Award.

Recent FourKites innovations include Sustainability Hub, which provides supply chain leaders with advanced emissions tracking and reporting capabilities; Data Connector, which accelerates time-to-insights by allows customers to automatically access and leverage FourKites data directly within their existing business intelligence tools; and FourKites Connect, which accelerates the carrier connectivity process from hours or even days to just minutes.

*Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, Oscar Sanchez Duran, Nathan Lease, 16 May 2023.

Gartner Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark, and Magic Quadrant and PEER INSIGHTS is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

About FourKites

Leading global supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 3 million shipments daily across 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 digitise their end-to-end supply chains. More than 1,200 of the world’s most recognised brands — including 9 of the top-10 CPG 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 https://www.fourkites.com/.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230522005540/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Incyte Data to Be Highlighted in Four Rapid Oral Presentations at the European Society for Medical Oncology (ESMO) Congress 2026 Support Efforts to Improve Outcomes in Difficult-to-Treat Cancers17.7.2026 19:10:00 CEST | Press release

Rapid oral presentations will highlight new Phase 1 data across Incyte’s solid tumor portfolioBoth INCB161734, an investigational, potent, selective and orally bioavailable KRAS G12D inhibitor, and INCA338901, a TGFβR2×PD-1 bispecific antibody, are being evaluated in ongoing Phase 3 programs as first-line treatments for patients with advanced pancreatic ductal adenocarcinoma (PDAC) and microsatellite stable (MSS) colorectal cancer, respectively Incyte (Nasdaq:INCY) today announced that it will highlight data from several programs in its oncology portfolio in six presentations at the European Society of Medical Oncology (ESMO) Congress 2026, being held October 23 - 27, 2026, in Madrid. “The data at ESMO will further illustrate Incyte’s commitment to advancing innovation for patients with cancer,” said Pablo J. Cagnoni, M.D., President, Incyte and Global Head of Research and Development. "Among the presentations are important updates from our KRAS G12D inhibitor in advanced pancreatic ca

STL Expands Its Optical Connectivity Portfolio in the US with the CONCAT Solution17.7.2026 14:24:00 CEST | Press release

STL Optical Connectivity NA, LLC, (STLOC), a U.S. subsidiary of STL (Sterlite Technologies Ltd.) [NSE: STLTECH], a leading connectivity solutions provider for AI-ready digital infrastructure, today announced that it launched its new advanced FTTH solution, CONCAT, after successfully completing field trials on the networks of one of the largest telecom service providers in the United States. Following successful field validation, CONCAT is now available to digital infrastructure providers seeking faster fiber rollouts with reduced deployment complexity and labor. It enables up to 71% in labor cost savings by eliminating most field splicing through factory-assembled, pre-connectorized fiber segments that deliver plug-and-play installation. CONCAT simplifies fiber deployment by shifting critical fiber preparation and termination into a controlled manufacturing environment ensuring consistent quality, faster installation, and lower operational risk in the field. CONCAT solution is ideal fo

Aqemia and Sanofi Expand Their Research Collaboration17.7.2026 12:30:00 CEST | Press release

A new target nomination and a milestone payment mark the next step of the multi-year partnership first announced in December 2023 Aqemia, the drug invention company combining generative AI and quantum-inspired physics to invent small molecule drugs, today announced the expansion of its multi-year research collaboration with the global pharmaceutical company, Sanofi. The expansion is marked by the nomination of a new therapeutic target and an additional payment. The collaboration, first announced in December 2023, makes Aqemia eligible to receive up to a total of $140 million in upfront and milestone payments across programs. It spans the drug discovery journey from the identification of the very first hits to the selection of a development candidate. Aqemia leverages Qemi, its proprietary physics-based generative AI platform, to design novel molecules addressing Sanofi’s targets of choice, working in close collaboration with Sanofi scientific teams. Sanofi leads wet lab research, devel

China's ~$900B Live-Commerce Market Now Approaches US E-Commerce Scale17.7.2026 12:30:00 CEST | Press release

The consumer habits reshaping global retail were built in the East — and most Western shoppers haven't yet adopted them. NIQ report shows that brands still treating live, social, and quick commerce as "emerging" risk being left behind. The center of gravity in global retail has shifted East. The formats now driving the fastest growth in global retail (live shopping, social commerce, and delivery in minutes) were pioneered and scaled in Asia, and most Western consumers have yet to adopt them. According to NIQ (NYSE: NIQ), a leading consumer intelligence company, in its global report The Commerce Revolution: Where East Meets West, the gap between East and West is still vast. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260717253489/en/ China´s USD 900bn live shopping boom now approaches the scale of the US E-commerce The scale is already substantial. China's live-commerce market alone was worth roughly $900 billion in 2025,

Ant International’s Alipay+ Connects Argentina's National QR Payment Scheme via PVS,Enabling for Cross-Border Digital Payment Nationwide at Millions of Merchants17.7.2026 12:17:00 CEST | Press release

Alipay+, a global digital payment gateway under Ant International, today announced that it will enable global travellers to make QR code payments at millions of merchants across Argentina through integration with the country's national QR payment scheme Transferencias 3.0, in partnership with PVS, a fintech company specialized in developing customized payment solutions in Latin America. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260717276406/en/ By connecting to Argentina's national QR payment scheme, Alipay+ now enables global travellers in the country to make convenient QR code payments at merchants nationwide. This service helps to enhance global travellers' travel experiences in Argentina, allowing them to pay seamlessly at restaurants, malls and tourist attractions. Using an Alipay+ partner payment app, they can now scan the national QR code displayed at all merchants to make cross-border payments across Argentina,

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye