FourKites Extends Supply Chain Visibility Market Leadership with Strong Growth and Innovation in APAC

Now tracking international shipments in 46 APAC countries, with over 240% growth in annual shipments and over 90% growth in new APAC customers, the world’s leading corporations continue to choose FourKites for real-time, end-to-end supply chain visibility.

FourKites Extends Supply Chain Visibility Market Leadership with Strong Growth and Innovation in APAC

CHENNAI, India, Dec. 19, 2022 (GLOBE NEWSWIRE) — FourKites, a leader in supply chain visibility, today announced strong global growth in 2022 as the company realizes its vision for automated, interconnected and collaborative supply chains spanning transportation, warehousing, and logistics. shops, trucks, etc. In the Asia-Pacific region in particular, the company recorded a 91% increase in new customers in the region and a more than 240% increase in shipments to 46 APAC countries.

New customers using FourKites to transform their supply chains include Mitsui & Co. Global Logistics, Ltd, Nestlé Japan, Chevron Corporation, Kraft Heinz, SpaceX, Molson Coors, Bacardi and QVC. Gartner in 2022^® Magic Quadrant™ for real-time transportation visibility solutions and visibility provider of choice for customers with the most complex supply chain needs.^1:

Globally, FourKites experienced nearly 50% year-over-year growth as it continues to connect 50% of the Fortune 500’s supply chains. In 2022, FourKites in the APAC region achieved:

• 240% increase in total shipments

• 91% increase in new customers

• 146% increase in the number of shipments tracked by shippers

• 1.8b+ miles followed

• The number of regional ports increased by 30% to 282 ports now.

• 486% increase in tracked objects, now 14k objects in total

• Live OTR tracking in Australia, New Zealand, India, Thailand, Taiwan, Philippines, Singapore and Malaysia, with imminent expansion to additional countries in the region.

Industry giants back FourKites’ long-term vision for supply chain transformation
In addition strategic investments in 2021 from industry heavyweights Qualcomm Ventures, LLC, Volvo Group Venture Capital AB, and Zebra Technologies, FourKites has entered into strategic partnerships with a number of industry titans over the past year to pursue its bold vision for the future of digital supply chains. These companies include: FedEx:, Quiet platforms, Mitsui & Co., Ltd., Sony:, Microsoft and: Narvar. A pioneer in real-time supply chain visibility, it is also recognized for its industry leadership and continuous innovation: Gartner, Supply Chain Brain:, Blue Yonder:, Built in Chicago, Manhattan Associates and: America’s food couriers.

The story continues

FourKites is leveraging Mitsui’s $10 million strategic investment to expand its offerings in the APAC region. The strategic relationship, initially focused on Japan, will provide hyper-localized solutions for the APAC market while enhancing FourKites’ capabilities in sales, customer service and operations.

“We are pleased to partner with FourKites to provide improved supply chain visibility and efficiency across all industries and countries in APAC,” said John Kenichi Kogiku, General Manager of Mitsui’s Digital Solutions Business Unit. “FourKites and Mitsui share a culture of innovation, integrity and collaboration and a broader vision of transforming global supply chains. We look forward to working with FourKites to achieve our mutual goals through digitization and automation.”

“Companies across APAC are investing significantly in supply chain transformation,” said Matthew Elenjical, Founder and CEO of FourKites. “In 2023, we look forward to helping our APAC customers take the next leap in their logistics operations by expanding their insights at the network and SKU level. Together, we will build a more flexible and agile supply chain.”

A unique customer collaboration model continues to deliver industry-first innovations
Close collaboration with customers has been at the heart of FourKites’ product development since the company’s inception. More than nine out of 10 FourKites customers actively participate in the company’s IdeaExchange, and FourKites’ Innovation Partner program has generated more than 200 product improvements from more than 70 companies, including Andersen Corporation, Canfor, Cardinal Health, Henkel, Kimberly- Clark, Smithfield and Sprouts Farmers Market, among others.

New solutions released in 2022 include:

• New arrest and defamation features to help shippers more quickly and proactively identify potential lien and defamation charges; prioritize exceptions according to likely business impact; and proactively adjust drives, zones, or other factors as needed.

  • “FourKites’ automated reporting and ocean tracking provides more accurate and real-time data, allowing Canfor to respond more quickly to customer inquiries with updated information on our upcoming shipments that would otherwise have to be tracked manually.” — Bob Hayes, Vice President, Global Supply Chain, Canfor

• Patented Ocean Shipping Innovations which provide international shippers and their partners with complete visibility into all the complex documentation requirements in every segment of ocean freight.

• a Net Zero initiative help companies reduce supply chain emissions, including FourKites’ Sustainability Hub, a suite of analytical tools to provide better visibility into resource consumption and waste generation; a new Sustainability Advisory Board; and ongoing original research around sustainability.

  • Everything is data-driven to track emissions and evaluate our operations. And that’s where we were excited about our partnership with FourKites, because without it we wouldn’t have the critical data we need to do well.” —Karen Betancourt, vice president of logistics at Cardinal Health

• New unified customer interface which integrates real-time transport visibility and facility-specific data across all modes.

  • “FourKites continues to excel and impress me with its ability to deliver tools that are useful and support our account in a customer-first way. Working with them, they have been able to spread coverage across multiple countries, manage work and improve their tool along the way. I’m very impressed with their product and shipping flexibility.” – Logistics strategy analyst, production

About FourKites
Leading Supply Chain Visibility Platform FourKites^® extends visibility beyond transportation in yards, warehouses, stores and beyond. Tracking more than 3 million daily shipments by road, rail, ocean, air, parcel and last mile and reaching more than 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chain. chains. More than 1,200 of the world’s most recognized 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 a more agile, efficient and sustainable supply chain chains. Visit to learn more https://www.fourkites.com/.

Media contact.
Marianna Viridi
Big Valley Marketing for FourKites
+1 (650) 468-3263
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ace1aaf-f9f8-4da4-b789-bf26126621db.

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