Business Wire

FOURKITES

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

Galderma Delivers Record First Quarter Net Sales of 1.129 Billion USD, Including Strong Performance From Two Launches With Blockbuster Potential, and Confirms Full-Year Guidance24.4.2025 07:00:00 CEST | Press release

Ad hoc announcement pursuant to Art. 53 LR Galderma Group AG (SIX:GALD), the pure-play dermatology category leader, today announced its sales performance for the first quarter of 2025. Net sales: Achieved 1,129 million USD in net sales, up 8.3% year-on-year on a constant currency basis, primarily driven by volume, complemented by favorable mix Results ahead of expectations: Net sales benefited from focused execution, favorable phasing in Injectable Aesthetics, and stronger than expected ramp-up of Nemluvio Broad-based growth: Strong performance momentum across product categories and across geographies, with constant currency year-on-year growth of 9.9% for Injectable Aesthetics, 7.8% for Dermatological Skincare, and 4.9% for Therapeutic Dermatology, which includes net sales of 39 million USD for Nemluvio® (nemolizumab) Innovation, science and education leadership: Further advanced its category leadership in dermatology: with the launch of Nemluvio and Relfydess™ (RelabotulinumtoxinA),

Engelhart and e.optimum Strengthen Their Partnership With a Further Onshore Wind PPA, Supporting Germany’s Energy Transition24.4.2025 07:00:00 CEST | Press release

The Global Commodities and Renewable Energy Trader, Engelhart, is delighted to announce the signing of a further power purchase agreement (PPA) with e.optimum, one of Germany’s largest independent energy suppliers. Following the first PPA signed in January 2025, this new agreement secures renewable electricity from additional onshore wind turbines with a total capacity of approximately 167 MWfromJuly to December 2025. This is enough green power to supply around 31,000 households. This second PPA marks a significant expansion of the partnership between the two companies. It represents a 195% increase in contracted capacity, bringing the total from 86 MW to 253 MW of onshore wind power. Furthermore, the agreement contributes directly to Germany’s transition to a net zero-carbon economy by 2045. Matthias Seel, Senior Originator Corporate Customers Europe at Engelhart, commented: "The second PPA with e.optimum is another milestone in our joint partnership. Especially in uncertain economic

Textron Aviation Raises the Bar for Workforce Development With State-of-the-Art Career & Learning Center23.4.2025 22:00:00 CEST | Press release

Textron Aviation Inc. a Textron Inc. (NYSE: TXT) company, today announced its new Career & Learning Center is complete and fully operational serving prospective, current and future Textron Aviation employees. Strategically located on the company’s East Wichita Campus, this state-of-the-art facility expands the training footprint to more than 75,000 square feet and provides a world-class employee experience during the application, hiring, onboarding and training processes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250423874476/en/ Textron Aviation Career and Learning Center | Textron Aviation “The Textron Aviation Career & Learning Center is an important investment in building the next generation of aviation manufacturing, support and professional talent,” said Ron Draper, president and CEO. “Recruiting, hiring and training a world-class workforce is vital to our ability to provide the best aviation experience for our cu

TSMC Unveils Next-Generation A14 Process at North America Technology Symposium23.4.2025 20:40:00 CEST | Press release

Showcasing TSMC’s latest offerings for high performance computing, smartphone, automotive, and IoT applications TSMC (TWSE: 2330, NYSE: TSM) today unveiled its next cutting-edge logic process technology, A14, at the Company’s North America Technology Symposium. Representing a significant advancement from TSMC’s industry-leading N2 process, A14 is designed to drive AI transformation forward by delivering faster computing and greater power efficiency. It is also expected to enhance smartphones by improving their on-board AI capabilities, making them even smarter. Planned to enter production in 2028, the current A14 development is progressing smoothly with yield performance ahead of schedule. Compared with the N2 process, which is about to enter volume production later this year, A14 will offer up to 15% speed improvement at the same power, or up to 30% power reduction at the same speed, along with more than 20% increase in logic density. Leveraging the Company’s experience in design-tech

Veracode Delivers End-to-End Risk Coverage with New Tools: AI-Powered Dynamic Analysis Security Testing with External Attack Surface Management23.4.2025 17:42:00 CEST | Press release

Seamless Integration and Speed: Latest Innovations Empower Faster, Smarter, and Safer Software Security Veracode, a global leader in application risk management, today announced new capabilities to help organizations address emerging threats, giving security professionals better visibility and control in one place. The launch includes new AI-powered functionality in the Dynamic Application Security Testing (DAST)product and an External Attack Surface Management (EASM) capability. Together, they enable security teams to discover their entire attack surface and prioritize the most critical risk to streamline and simplify security scanning. “Security teams need to see and secure everything; not only what is inside their perimeter,” said Derek Maki, Head of Product at Veracode. “With our latest DAST capabilities and Application Risk Management platform enhancements, we’re helping organizations shift from vulnerability scanning to holistic risk management, to better identify risk residing i

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