12-22-20

Supply chain visibility company lands at No. 6 on FreightWaves’ FreightTech 25 list

The COVID-19 pandemic and ensuing economic shutdowns did not have the effect on freight that many thought they would. In fact, the initial disruptions caused by the shutdowns drove more interest in freight visibility solutions.

Few companies are more representative of that fact than FourKites. The real-time supply chain visibility company saw tremendous growth in 2020 with 140% growth in ocean customers and 138% growth in rail and intermodal customers over 2019. The company told FreightWaves it has experienced a 200% increase in international load volumes tracked via its platform and a 149% increase in rail shipments tracked. Onboarded carriers grew 67%, it said.

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