Skip to Main Content

Logistics soware provider FourKites said Wednesday it has raised $100 million in new funding from a group of strategic investors as the arms race in the real-time freight visibility market intensifies.

Chicago-based FourKites, which provides a global multimodal visibility solution as well as a yard management system, is the second major provider in the recent months to get an infusion of cash to target shippers needing to key on in-transit cargo location. That location data is becoming integral in predicting estimated times of arrival and suggesting optimal pick up and drop off times to avoid dwell time.

Continue reading on

Stay Informed

Join 30,000+ monthly readers and get exclusive ebooks, reports, and industry insights from FourKites every week.

Read our Privacy Policy