Ocean Insights and FourKites® Form Strategic Partnership to Provide End-to-End Predictive Visibility and Transform Ocean Freight Tracking

By combining FourKites’ unparalleled network of more than 260 global shippers with Ocean Insights’ real-time container tracking capabilities globally, import and export teams can now rely on a single system for door-to-door tracking.

Through real-time visibility and advanced analytics, FourKites and Ocean Insights customers can now better manage detention and demurrage costs. And by utilizing FourKites’ comprehensive dashboards, they can improve operational performance and reduce operational costs.

“We’re excited to now offer true door-to-door capabilities to our customers via the integration of our superior ocean data, together with FourKites’ over-the-road data and powerful predictive platform,” said Dr. Felix Richter, CEO of Ocean Insights.

“This partnership gives FourKites and Ocean Insights customers powerful new capabilities to track cargo and notify downstream supply chain stakeholders of potential delivery disruptions,” said Mathew Elenjickal, CEO of FourKites. “Now, supply chain professionals can better manage their operations and unlock value through a single, consistent visibility platform, regardless of international and domestic responsibilities.”

Since launching five years ago, FourKites has pioneered the industry shift to real-time visibility, enabling shippers to improve on-time delivery and optimize their supply chains based on actionable data and predictive intelligence. With a network that now includes more than 260 of the world’s top shippers, including 18 of the top-20 food and beverage companies and nine of the top-10 CPG companies, FourKites tracks more than 600,000 shipments every day.

Operating on a global scale, Ocean Insights collates millions of data points and provides actionable insights into ocean freight for the logistics industry to improve visibility, transparency, and efficiency. Ocean Insights has pioneered the integration of carrier information and actual vessel whereabouts, providing carrier-neutral, real-time information of all shipments across all major international and regional ocean carriers, as well as container status updates and predicted ETA. Logistics teams all around the globe can get insights into freight movement and overall supply chain transparency that enable them to improve their day-to-day and long-term strategies.

About FourKites

FourKites is the largest predictive supply chain visibility platform, delivering real-time visibility and predictive analytics for the broadest network of Global 1000 companies and third-party logistics firms. Using a proprietary algorithm to calculate over-the-road shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance and strengthen end-customer relationships. With a network of more than four million GPS/ELD devices, FourKites covers all modes, including truckload, LTL, ocean, rail, intermodal, last mile and parcel. The platform is optimized for mobile and equipped with market-leading end-to-end security.

To learn more, visit http://www.fourkites.com.