Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

FourKites Recognized as Supply Chain “AI Trailblazer” by Everest Group

FourKites selected as sole supply chain visibility trailblazer among 30 leaders transforming business processes with artificial intelligence

FourKites Recognized as Supply Chain “AI Trailblazer” by Everest Group

FourKites, the #1 real-time supply chain visibility platform, has been named one of 30 AI Trailblazers in an assessment of more than 250 companies by Everest Group, a leading research and consulting firm. In its report, “AI Start-ups Redefining Business Processes: Top 30 Trailblazers,” Everest Group recognized FourKites based on an assessment of business maturity, solution capability, market success and investor confidence. FourKites was one of three supply chain companies — and the only real-time visibility provider — named a Trailblazer.

Everest Group awarded FourKites its highest rating for market success, business maturity and investor confidence, citing a large customer base that includes Abbott, Best Buy, Cargill, Exide, Kraft Heinz, Rio Tinto and T-Mobile; partnerships with companies such as Accenture, AscendTMS, BCG, Infosys, KPMG, Oracle and SAP; and the company’s recent extension of real-time visibility into yard management with its Dynamic Yard® platform. The report recognized FourKites’ market-leading predictive supply chain management platform for applying machine learning algorithms to provide end-to-end and real-time visibility of the supply chain and accurately predict shipment ETAs, track temperatures, measure driver efficiency and provide workflow digitization solutions.

“Being named a Trailblazer in Everest Group’s ‘AI Startups’ report is an honor and an important recognition of FourKites’ investments in state-of-the-art artificial intelligence and machine learning capabilities, backed by our team of 200+ world-class engineers and data scientists,” said FourKites Chief Technology Officer Vivek Vaid. “We will continue to lead the industry in advanced AI- and ML-based capabilities to ensure that our customers can make decisions powered by predictive machine learning running on the largest corpus of transportation data in the world.”

The Everest Group report named 30 AI Trailblazers across a spectrum of vertical industry- and horizontal-specific business processes, including revenue intelligence platform leader Gong, industrial intelligence provider Uptake, and financial technology leader Trumid, amongst others.

FourKites is the #1 supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 1 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching 176 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 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.

https://www.FourKites.com

The Latest

More Stories

Freespace Robotics announces strategic partnership and investment from industry leader Matthews Automation Solutions

PITTSBURGH, PA / CINCINNATI, OH – January 23, 2025 – Freespace Robotics, an innovator in autonomous robotics for material handling and logistics, today announced a strategic partnership and investment from the Automation Solutions business of Matthews International Corporation (NASDAQ:MATW), a leading provider of warehouse automation software, controls, and order fulfillment systems. This partnership combines Freespace Robotics’ groundbreaking high-density, dynamic storage cube with Matthews’ industry-leading software, unlocking transformative capabilities for warehouse and last-mile operations.

Freespace Robotics’ pioneering solution leverages advanced robotics to deliver high-turnover, small-footprint, high-rise AS/RS (Automate Storage and Retrieval System) technologies. These innovations incorporate traditionally external conveyor functions – such as sortation, sequencing, each-picking, order buffering and pre-staging – into a seamless end to end operation. Combined with Matthews robust software suite and dashboard, which unify product information and inbound and outbound material flows, the Freespace solution offers unmatched versatility across diverse industries and specialized workflows. Together the companies are poised to strengthen core processes and improve KPIs for efficiency, scalability, throughput and cost-effectiveness.

Keep ReadingShow less

Featured

Creform stationary lineside flow rack provides for an organized flow of materials

Creform stationary lineside flow rack.

Photo courtesy of Creform

Creform stationary lineside flow rack provides for an organized flow of materials

Greer, SC—Creform Corporation, a manufacturer of unique products for material handling structures has designed and built a stationary flow rack to be used lineside for an assembly line. The flow rack can be virtually used in any industry and for most application and is particular useful holding an optimal amount of inventory at the point of assembly which maximizes floor space. It also can prevent excessive inventory which is one of the seven waste considerations in lean manufacturing. This flow rack contains an “L shaped” slide pipe and skate wheel conveyor.

Creform sales engineers worked closely with the customer to design this customized solution to meet their specific needs. The result is an optimized flow rack where parts and materials are strategically organized at the point of use. This setup enables workers to quickly locate the components they need, reducing downtime and saving time. Creform offers multiple flow lane options and can create virtually any hybrid solution.

Keep ReadingShow less
Toyota Material Handling's Core Electric Forklift

Toyota Material Handling's Core Electric Forklift

Photo courtesy of Toyota Material Handling

Toyota Material Handling expands portfolio with high-performance, eco-friendly forklifts

COLUMBUS, Ind.,Jan. 16, 2025 – Toyota Material Handling, the North American leader in material handling products and solutions, is expanding its innovative product portfolio with two new offerings: the Integrated Mid & Large Electric Pneumatic Forklifts and a refreshed Core Electric Forklift series. These models deliver superior operational efficiency while enhancing environmental sustainability, reinforcing Toyota’s commitment to its Vision 2030 and its goal to become a carbon-neutral company.

“Our two newest products reinforce Toyota’s commitment to environmental stewardship without compromising the efficiency and power of our reliable products,” said Bill Finerty, President and CEO of Toyota Material Handling. “These two new models are impactful in many different applications, meeting the needs of all our customers and harnessing the innovation and power of our electric products.”

Keep ReadingShow less

Armlogi expands shipping capabilities with Amazon Shipping integration

WALNUT, CA, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, today announced the integration of Amazon Shipping into its suite of shipping solutions. This new addition is expected to enhance Armlogi’s shipping capabilities, providing customers with more efficient and cost-effective options for parcel delivery.

Since its launch last week, Amazon Shipping has already enabled Armlogi to handle thousands of parcels daily. This service supports Armlogi’s commitment to offering versatile, reliable logistics solutions by ensuring timely pickup and delivery for a broad range of customer needs. Amazon Shipping is particularly noted for its efficiency and cost-effectiveness, making it an attractive option for businesses looking to optimize their shipping and distribution strategies.

Keep ReadingShow less
a headshot of Bill Pedriana at Noblelift
Photo courtesy of Noblelift

NOBLELIFT North America welcomes Bill Pedriana as newpresident

Des Plaines, Illinois – January 7, 2025: NOBLELIFT North America, a global leader in lithium-iron material handling technology, is excited to announce the appointment of Bill Pedriana as its new President. With nearly four decades of experience in the material handling industry, Pedriana is poised to lead NOBLELIFT North America into a new era of innovation, growth, and customer-centric success.

Bill Pedriana served as Chief Marketing Officer at Big Joe Forklifts, where his visionary leadership helped rebuild the brand, develop groundbreaking products (including the Joey series of access vehicles and their cobot pallet truck concept), and execute comprehensive sales and marketing strategies. For 14 years, Pedriana played an instrumental role in achieving an extraordinary 14x growth in sales and helping to drive the global expansion of Big Joe’s parent company, EP Equipment.

Keep ReadingShow less