“Today project44 is pleased to announce a very favorable resolution of our defamation lawsuit against FourKites,” project44 told FreightWaves.
Supply chain visibility provider Vizion is partnering with D&B to launch its new solution, TradeView.
The move included the departure of a key executive, Glenn Koepke, vice president of strategy.
Project44’s Jett McCandless comments on the state of technology as the company completes a round of layoffs on Thursday.
Weather has a significant impact on retailers, but most still rely on manual forecasting. Tomorrow.io’s advanced weather intelligence is changing the game.
“Real-time visibility and responsive risk management gives Overhaul a distinct advantage among supply chain SaaS providers,” said Ryan Ziegler, general partner at lead investor Edison Partners.
Supply chain visibility leaders provide insight on their decisions in 2022 and what’s in store for the FreightTech segment in 2023.
According to an email sent by FourKites founder and CEO Mathew Elenjickal and acquired by FreightWaves, the board of the Chicago-based company has requested a full “product portfolio review to align with market realities.”
“Most customers are trying to decrease their costs per load when it comes to visibility tools of cold chain and perishable shipments. Tive Tag delivers exactly what they need at drastically lower costs,” said Tive’s vice president of global marketing.
“While this was not an easy decision to make, restructuring our organization keeps us on a path of success, provides the opportunity to improve efficiency and collaboration and allows us to better address the evolving needs of our customers,” said project44 founder and CEO Jett McCandless.
With the right technology, fleets can confidently weather any storm.
PowerFleet’s real-time visibility solutions have completely transformed fleet management.
As part of FreightWaves’ The Future of Supply Chain event, X Delivery will show how it can change the way we source warehouse space and utilize final-mile delivery services.
PowerFleet data helps increase driver utilization by relieving them from having to chase equipment or wait longer than needed at facilities.
“We have a huge opportunity to let the world know that a tracking solution like this exists. We are going to take this funding and make sure that happens,” said Tive founder and CEO Krenar Komoni.
Supply chain visibility provider project44 sees record top-line growth during the fourth quarter, with bookings, account wins and retention coming in better than expected.
Project44’s Mike Edwards and Hannah Moore demonstrate how two of its pharmaceutical customers used its real-time visibility platform to improve a strategic partnership and supply chain operations at FreightWaves Domestic Supply Chain Summit on Wednesday.
“Technology companies are starting to come to TruckerCloud as their ELD aggregator,” says TruckerCloud’s new CEO, Spencer Mitchell.
Overlapping crises have pushed the race for global visibility into a critical stage.
The global supply chain visibility platform is seeking to take some pressure off carriers at the ports with more precise ETAs.
Some 1,500 supply chain professionals met at FourKites Visibility 2021 to discuss the present and future of visibility in supply chains.
“Our acquisition of Convey brings project44 all the way to the front doorstep,” says project44 founder and CEO Jett McCandless.
Only 37% of shippers report using in-transit visibility solutions
The newly wrapped Chevrolet Camaro ZL1 1LE, driven for Rick Ware Racing and sponsored by BYRD Racing, will showcase the two FreighTech companies for the NASCAR Cup Series midsummer installment.
“Instead of reinventing the wheel, we partnered with someone who is a leading player in that domain,” says Locus CEO Nishith Rastogi.
“Our philosophy is not just to bring people to our dashboard, but give the power of our data to all of the dashboards and move the entire industry forward,” said Terminal49 CEO Akshay Dodeja.
“These partnerships can’t be just regurgitation of consolidated data; there has to be a business case that you build around it. That is what we are trying to do here.”
“We truly believe we are at least two or three years ahead of any other player in the market.”
Project44 attributes its exponential growth, like its 135% year-over-year new bookings growth in Q1, to its skilled global team.
“Their team construct is fundamentally different. When you look at their data science, machine learning and computer science background, they are best in class.”
CEO Kushal Nahata says FarEye brings cost savings to its customers but also improves the workflow and overall experience of their employees.
“We want to remain innovative for what our customers need regardless of whether that innovation comes from what we’ve designed internally or from combining with a leading successful company that’s got something unique that the market wants.”
Visibility provider’s global focus “is part of our DNA,” says Chief Product Officer Vernon O’Donnell.
“For the first time ever, shippers can have a true global view of their supply chain network in a single platform.”
Partnering with project44 enables Everstream Analytics’ predictive risk tools to become more foretelling with a larger pool of data.
Chain.io plans to use the $5 million to fill a number of positions in sales, engineering, customer success and more.
project44 and FourKites are the only ‘Leaders’ in the space.
In 2020, J.B. Hunt reported more than 1.2 million loads were processed through its platform, exceeding $1.4 billion in transactions.
“Our goal at FreightFlows is to make near-term market predictions to help vessel owners, traders, brokers and charterers have much better decision-making power in the international freight markets today,” said CEO Matt Morgan.
The service will generate customized updates that include projected time out and port dwell times along with recommendations for shipping strategies from the project44 team.
Brannon Kuykendall and Mike Ellis are taking on new roles.
EKA Solutions has expanded its offerings with a new predictive visibility product that taps into ELDs and driver apps for a more accurate look at arrival times.
Werner Enterprises is adding predictive freight matching and real-time shipment visibility tools as part of a broader introduction of Trucker Tools technology into its operation.
FourKites ranked No. 8 on the FreightTech 25 list of the most innovative and disruptive companies.
