FreightTech 25 Awards Recognize FourKites Innovation for the Seventh Consecutive Year

FourKites endures as one of only three companies to be recognized every year since the awards’ inception

CHICAGO--(BUSINESS WIRE)--Leading real-time supply chain visibility platform FourKites® today announced that for the seventh straight year, it has received FreightWaves’ prestigious FreightTech 25 award, which recognizes the 25 most innovative companies in transportation and logistics over the past calendar year. Selected by a judging panel of approximately 80 supply chain CEOs, leaders, academics and investors, FourKites is one of only three companies to be named to the list every year since the awards’ launch.

The supply chain industry experienced another year of extreme volatility and disruptions in 2024. Sixteen of the companies who received a FreightTech 25 award this year were new compared to last year, while the 2023 recipients included 17 newcomers compared to 2022. FourKites’ enduring presence on the FreightTech 25 is a testament to the company’s deep and enduring commitment to innovation, customer-centricity, and rock-solid business fundamentals.

“I’m extremely proud that FourKites once again has been named a FreightTech 25 award winner — now for the seventh consecutive year,” said FourKites founder and CEO, Mathew Elenjickal. “This recognition reflects the trust our customers, partners and the broader industry place in FourKites and their expectation that we will continue to set the pace in technological innovation. 2025 will be our biggest year yet, propelled by ground-breaking advances in AI that will help companies turn real-time visibility into automated action across their entire supply chain networks.”

FourKites continues to expand on its vision of connecting supply chains end-to-end, providing actionable insights in real-time. More than answering “What’s the ETA?” of a given shipment, the FourKites platform operationalizes supply chain visibility to help frontline teams — from customer success to inventory, production and more — execute more quickly and accurately.

Among the many innovations the company introduced in 2024, FourKites new YardWorks™ suite of solutions brought AI-driven automation to gate and yard operations to help facilities managers streamline operations, optimize labor, and reduce lost loads through continuous yard monitoring and data collection. Longtime FourKites customer Orvis began using FourKites’ new Order Insights to improve on-time delivery (OTD), inventory management and customer satisfaction. FourKites was named a leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms* (RTTVPs) for the fourth consecutive year. And in the past 12 months, FourKites achieved a 29% increase in active users, 24% growth in the number of facilities using Dynamic Yard or Appointment Manager, and nearly 20% growth in shipment volume, across more than 220 countries and territories.

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 1,600 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/.