Thursday, December 16, 2021

FOURKITES SECURES RECORD-BREAKING 2021 AT ASIA-PACIFIC SUPPLY CHAIN VISIBILITY FOREFRONT

KUALA LUMPUR, Dec 16 (Bernama) -- FourKites®, the world’s leading real-time supply chain visibility platform, has announced a year of record growth, executing on its vision to optimise global supply chains with real-time visibility data and machine learning.

Globally, the company saw triple-digit growth in total shipments; drove 95 per cent growth in new APAC customers and 50 per cent total growth in new customers globally; significantly expanded its carrier network; and extended real-time visibility to over 2,800 ports and 2.5 million facilities worldwide.

“It’s been another year of tremendous challenges, but also extraordinary collaboration and progress as a supply chain community,” said FourKites founder and chief executive officer, Mathew Elenjickal.

“I’m particularly proud of our momentum in the APAC region, where we are now tracking loads in 42 countries. There is a great deal more to come in 2022 as we continue to invest in the region with new talent, solutions and partnerships.”

According to a statement, key to its growth in 2021 was FourKites’ significant expansion in APAC, with notable year-over-year increases in total loads, ports and facilities tracked.

FourKites’ local teams and industry expertise in APAC have helped the company address critical use cases in the region, including the ability to track cross-border shipments and the temperature of freight.

In 2021, FourKites forged new strategic partnerships with global supply chain and technology leaders as it continues to execute on its bold vision for the future of digital supply chains, where automated, interconnected and collaborative supply chains are optimised by real-time visibility data and machine learning.

More details at https://www.fourkites.com/.

-- BERNAMA

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