FourKites Named a Leader in the 2024 Gartner® Magic Quadrant™ for Fourth Consecutive Year
2.4.2024 09:00:00 EEST | Business Wire | Press release
Leading real-time supply chain visibility company FourKites ® today announced that, for the fourth consecutive year, it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms* (RTTVPs). Gartner evaluated seven vendors for its report, and FourKites has been recognized as a Leader both for its Ability to Execute and Completeness of Vision.
FourKites, the world’s largest global visibility platform, tracks over 3.2 million shipments per day across all modes and connects the global supply chains of over 50% of the Fortune 500, including customers such as Cardinal Health, Bayer, Henkel, Dow, Cargill, Coca-Cola, Constellation Brands, 3M, RHI Magnesita and Eastman. In 2023, FourKites saw 25% YoY growth in global customers — now totaling over 1,500; a 31% increase in its carrier network; and 37% growth in connected facilities, the latter of which now total over 3.2 million individual facilities around the world.
"We're honored to be recognized as a Leader by Gartner once again," said FourKites founder and CEO Mathew Elenjickal. "This past year, we not only maintained our growth trajectory, but also achieved a significant milestone by establishing long-term financial independence with zero burn and positive cash flow. Our unwavering commitment to customer-driven innovation has allowed us to deliver unparalleled ROI, while our accelerated customer support processes ensure that we remain the best long-term partner for our enterprise customers. As we move forward, we will continue to push the boundaries of supply chain visibility and empower our customers to navigate the complexities of today's global supply chains with confidence."
Having pioneered the real-time transportation visibility category in 2014, FourKites was the first company to extend real-time visibility across supply chains end-to-end, from yards to warehouses and more. Its industry-first product innovations include real-time facility manager Dynamic Yard; end-to-end international ocean shipments tracker Dynamic Ocean; patented AI-powered ETA forecaster Smart Forecasted Arrival; and automated universal appointment scheduler Appointment Manager.
Moreover, FourKites is the only visibility platform to offer a full order lifecycle tracking solution, Order Visibility, which provides earlier insights and alerts that start during the order planning process — well before a shipment is picked up. Most recently, FourKites launched generative AI assistant Fin AI, which helps customers surface buried insights; identify opportunities for optimization; and automate time-consuming tasks, such as assessing the impact of events across a shipment network.
Over the past year, in recognition of its market-leading innovation, FourKites was named a Best Workplace for Innovators by Fast Company; it was the only supply chain visibility provider on FreightWaves’ FreightTech 25; and it was recognized as a top-10 company for AI and ML in supply chain by Analytics Insight. In addition, FourKites received the 2023 Gartner Marketing and Communications Award for Thought Leadership and Data-Rich Insights for dissemination of real-time data and deep industry analysis throughout recent supply chain disruptions.
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.
“FourKites has proven to be an innovative partner that began by providing visibility to our shipments and delivery status. They have strategically expanded their offering to provide solutions that provide visibility to customer orders throughout the supply chain life cycle.”
Manager, Data Analytics, Consumer Goods Industry
“FourKites is one of the easiest systems to use! Its usage is unparalleled across the competition.”
Logistics Engineering Manager, Manufacturing Industry
“FourKites helps our team provide more accurate visibility to shipment ETAs to the business to enable improved manufacturing decision-making processes.”
Logistics Lead, Manufacturing Industry
“Why aren’t you using FourKites? Our software is integrated and does everything automated behind the scenes. We utilize this product for many of our Shippers, this allows us to transmit status updates real time as well as keeps the history for review months down the road."
Senior Sales Executive, Transportation Industry
“FourKites delivers what it promises: end-to-end visibility for a great customer experience.”
Logistics Operations Strategy Manager, Transportation Industry
“The overall experience with Fourkites products, implementation team, and overall customer service has been excellent.”
Director of Operations, Transportation Industry
“The FourKites Core Track and Appointment Manager platforms are built on a solid technological footing and are performing very well. The technical roadmap of FourKites is impressive out to 2/3 years and the leadership team is impressive.”
Senior Manager, Transportation Optimization, Consumer Goods Industry
Gartner Disclaimer
*Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, Oscar Sanchez Duran, Nathan Lease, 26 March, 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
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 organization 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.
About FourKites
Leading global supply chain visibility platform FourKites empowers business leaders with comprehensive visibility into transportation, yards, warehouses, stores, and beyond. Tracking more than 3.2 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 digitize their end-to-end supply chains. More than 1,500 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 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/20240401128834/en/
Contact information
Marianna Vyridi
Big Valley Marketing for FourKites
(650) 468-3263
mvyridi@bigvalley.co
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
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
Vedanta Aluminium’s Q2FY27: Profit doubles to INR 6,187 Cr, EBITDA rises 83% YoY31.10.2026 15:12:00 EET | Press release
Vedanta Aluminium Metal Limited (BSE: 544780 & NSE: VAML), India’s largest aluminium producer, announced its unaudited financial results for the quarter and half year ended 30 September 2026, delivering solid financial and operational performance. Revenue increased to INR 22,066 crore, up 41% YoY, supported by higher volumes and improved marketing mix. EBITDA stood at INR 10,192 crore, up 83% YoY, with an EBITDA margin of ~46%. Profit after tax stood at INR 6,187 crore, more than doubling YoY with an increase of 105%. VAML strengthened its balance sheet during the quarter, reducing net debt by INR 3,090 crore QoQ, with Net Debt/EBITDA improving to 0.7x from 0.9x in Q1FY27. The company’s credit profile was validated with India Ratings upgrading its credit rating to AA+ (Stable), alongside rating reaffirmations from ICRA and CRISIL. Operationally, VAML achieved its highest-ever quarterly aluminium production of 649 KT, up 3% QoQ and 5% YoY. Value-added production reached a record 432 KT,
United States Signs Participation Contract for Expo 2030 Riyadh, Strengthening Momentum For Global Participation31.10.2026 10:38:00 EET | Press release
The United States of America has signed its Participation Contract for Expo 2030 Riyadh, marking a significant milestone in the World Expo’s preparations and further strengthening the momentum for international participation in the global event. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261031669001/en/ The Participation Contract was signed by His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of the Kingdom of Saudi Arabia, and U.S. Secretary of State Marco Rubio, during a bilateral meeting held on the sidelines of the 2026 G20 Foreign Ministers’ Meeting in Atlanta, Georgia. The signing marks an important step in the United States’ journey towards Expo 2030 Riyadh, paving the way for the development of its pavilion, programming and visitor experience. It also reinforces the growing international commitment to Expo 2030 Riyadh, as countries move from confirming their participation to actively sha
ADNEC Group Kickstarts November with Two of the World’s Largest Events in the Energy and Tourism Sectors31.10.2026 05:53:00 EET | Press release
ADNEC Group, a Modon company, begins November by hosting two of the world’s most significant international events in the same week. ADIPEC 2026, the world’s largest energy event, takes place at ADNEC Centre Abu Dhabi from 2 to 5 November. Meanwhile, World Travel Market (WTM) London, one of the global travel industry’s leading gatherings, takes place at the Group’s Excel London venue from 3 to 5 November. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261030918463/en/ ADNEC Centre Abu Dhabi (Photo: AETOSWire) The two events, held simultaneously at the Group’s largest venues in the UAE and the UK, reflect ADNEC Group’s capability to deliver large-scale international events across multiple markets. ADIPEC has grown alongside the venue since it was first held at the ADNEC Centre Abu Dhabi in 2006. This year’s edition is set to be the largest in the event’s history, occupying the venue’s entire 153,000 square metres of exhibition
SES and Air Astana Introduce Multi-orbit Inflight Connectivity on A321LR Fleet30.10.2026 19:35:00 EET | Press release
SES was selected by Air Astana, the award-winning flag carrier of Kazakhstan, to introduce next-generation inflight connectivity services across its Airbus A321LR fleet. The first connected aircraft entered commercial service on 29 October 2026. Fleet-wide deployment will continue across the remaining A321LR fleet. Equipped with SES’s new electronically steered array (ESA) antenna, the aircraft delivers reliable connectivity over the SES multi-orbit network. SES will provide a fully managed inflight connectivity service across the fleet, enabling Air Astana passengers to enjoy a seamless online experience throughout their journey. “Airlines are increasingly looking for connectivity solutions that deliver a seamless passenger experience while providing the flexibility to evolve with changing customer expectations,” said Blane Boynton, Senior Vice President, Aviation at SES. “SES's multi-orbit solution will enable Air Astana to offer a consistent, high-quality online experience across it
CIRCOR to Expand Industrial Portfolio with Acquisition of Green Silence Group S.p.A.30.10.2026 18:06:00 EET | Press release
CIRCOR, a KKR portfolio company and global manufacturer of flow control products for industrial and naval markets, today announced that it has signed a definitive agreement to acquire Green Silence Group S.p.A., an Italian provider of hydraulic pumps, electric motors and advanced engineering solutions. The acquisition will bring together the complementary capabilities of Settima, Motive and Spin expanding CIRCOR’s Industrial portfolio with three-screw and ultra-low-noise hydraulic pumps, Motive electric motors, high-efficiency rare-earth-free motor technologies, power electronics and advanced engineering capabilities. Together, these technologies will broaden CIRCOR’s ability to deliver integrated solutions that improve system efficiency, reduce energy consumption and critical raw materials dependency, and address evolving customer needs across industrial and mobile applications. The combination will also provide Green Silence Group access to CIRCOR’s global commercial and operational
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
