{"id":475695,"date":"2021-04-13T09:51:56","date_gmt":"2021-04-13T13:51:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-announces-industry-first-tracking-quality-guarantee\/"},"modified":"2021-04-13T09:51:56","modified_gmt":"2021-04-13T13:51:56","slug":"fourkites-announces-industry-first-tracking-quality-guarantee","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-announces-industry-first-tracking-quality-guarantee\/","title":{"rendered":"FourKites Announces Industry-first Tracking Quality Guarantee"},"content":{"rendered":"<h2>\nGlobal Supply Chain Visibility Leader Launches Comprehensive Data Quality Guarantee for Multimodal and International Shipments<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">CHICAGO, April  13, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oqd_CuymsttetdWc9gi-Y0YZuGO9AaMMhuVwr5U7S0_0sJgOPILjRLI6DhIpLqGVZMMHvoiS97KnVj-7slmsxvCGXVOhIOmeCA3C0ct9DvMNRlvA9hvHyqVYfSk2izxb4UqTZ4CJwTF5cWmLcT4tcA==\" rel=\"nofollow noopener\" target=\"_blank\"><u>FourKites<\/u><\/a><sup>\u00ae<\/sup>, the #1 real-time supply chain visibility platform, has announced an industry-first, comprehensive Tracking Quality Guarantee that spans every major mode of transportation, including truckload, less-than-truckload, rail, ocean and air, as well as end-to-end tracking for shipments that span multiple modes.<\/p>\n<p align=\"left\">\u201cCustomers are investing in supply chain visibility as a mission-critical solution,\u201d said Mathew Elenjickal, FourKites Founder and CEO. \u201cAs such, they deserve both speed and quality to ensure that their implementation is successful and to get maximum value from their investment. As the world\u2019s largest visibility platform, we\u2019re thrilled to raise the bar with the industry\u2019s most rigorous Tracking Quality Guarantee to help our customers succeed.\u201d<\/p>\n<p align=\"left\">With over 500 customers across 176 countries and all major industries, FourKites\u2019 network touches 50% of the Fortune 500, including giants such as Walmart Canada, The Dow Chemical Company, Eastman, Meijer, PetSmart, The Michaels Companies, Land O\u2019Lakes, Coca-Cola, AB InBev, Constellation Brands and 3M. Tracking over 2 million active shipments every day, FourKites leverages the billions of data points in its platform to proactively identify, alert and mitigate exceptions using artificial intelligence and machine learning-based algorithms.<\/p>\n<p align=\"left\">The new FourKites guarantee, which establishes the highest standards in supply chain data quality across all modes, ensures:<\/p>\n<ul type=\"disc\">\n<li>\n          <strong>Full Truckload Shipments<\/strong>: FourKites will identify unassigned shipments and shipments with bad appointment times 90% of the time and identify 90%+ of late shipments prior to arrival. FourKites will also provide a predictive ETA for customer shipments even if they cannot be tracked in real time by using FourKites\u2019 patented machine-learning based Smart Forecasted Arrival (SFA), which only needs a proof of pickup to generate a highly accurate ETA.<\/p>\n<\/li>\n<li>\n          <strong>Less Than Truckload (LTL) Shipments<\/strong>: FourKites will identify unassigned shipments 90%+ of the time and outperform carrier ETA 90% of the time across all LTL carriers. Furthermore, FourKites\u2019 unique machine-learning based Dynamic ETA<sup>\u00ae<\/sup> provides an ETA within a 4-hour window \u2014 an industry-first for LTL freight.<\/p>\n<\/li>\n<li>\n          <strong>Rail Shipments<\/strong>: FourKites will identify 90%+ of late shipments prior to arrival, identify 90%+ of bad order railcars within 24 hours, and capture 90%+ of rail interchanges across North America<\/p>\n<\/li>\n<li>\n          <strong>Ocean Shipments<\/strong>: FourKites will notify customers of additions and changes of transshipment ports on 90%+ of applicable shipments, and it will notify customers about vessel arrival at port for 90%+ container shipments within 12 hours. FourKites will also capture 90% of vessel berthing at terminals across all containers.<\/li>\n<\/ul>\n<ul type=\"disc\">\n<li>\n          <strong>Air Shipments<\/strong>: FourKites will notify customers of the addition\/change of intermediate airports on 90%+ of applicable shipments, and it will notify customers about flight arrival at airports for 90% or more of shipments within 24 hours.<\/p>\n<\/li>\n<li>\n          <strong>Multimodal Shipments<\/strong>: FourKites will notify customers of the addition\/change of transshipment ports or intermediate airports on 90%+ of applicable shipments. It will also notify customers about vessel arrival at ports for 90%+ container shipments within 24 hours, or flight arrival at airports for 90% or more of shipments within 12 hours. Furthermore, it will capture 90% of inland rail legs of North American imports and exports.<\/li>\n<\/ul>\n<p align=\"left\">FourKites\u2019 Tracking Quality Guarantee comes on the heels of the company\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XWSFXgzpOybneApiGptG89NpTfPVd5Dl4YlwnbiQ4R3cERdNbgRbbWnYOnEBLxfSRwRtvZZTLlTz4NIxMV1Y3bEZOBjJxvTTXt8rNzQdvxFZojw5na7xD27F3VS0irWy76X2IS8aekBq9aDbH7Zi2LSD7T2J22ONdXrgpT3XkPaM_OSC6Ht1ze790yw_OsVqHZRXJA0mw4Ix5CCJrmWN0Q==\" rel=\"nofollow noopener\" target=\"_blank\"><u>Carrier Connect Guarantee\u2122<\/u><\/a>, which ensures connectivity to 90% of a customer\u2019s full-truckload carrier network within 30 days of project kickoff, gives supply chain leaders the confidence to implement new technologies and ensures rapid time to value. Together with the Tracking Quality Guarantee, this provides customers with assurances of both speed and quality of implementation, and accelerated time to value.<\/p>\n<p align=\"left\">\n        <strong>About FourKites<\/strong><br \/>\n        <br \/>FourKites is the #1 supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. With more than 2 million active shipments 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\u2019s most recognized brands \u2014 including half of the Fortune 500, 9 of the top-10 CPG and 18 of the top-20 food and beverage companies \u2014 trust FourKites to transform their business and create more agile, efficient and sustainable supply chains.<\/p>\n<p align=\"left\">To learn more about FourKites, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4Huya0dWlV3Ats1G3ce6J3ZUqaxXwBvvvc8RG5zP9Xmn3RRT5YNOUkqxlTsgOvPvHSPq4V7OiMRm9KAPAuOHXy8c-IlrNn22jcrZcq7tNcfvs7e4LuNOBRHvPRR4jnAN\" rel=\"nofollow noopener\" target=\"_blank\"><u>https:\/\/www.fourkites.com<\/u><\/a>.<\/p>\n<p align=\"left\">\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Marianna Vyridi<br \/>Big Valley Marketing for FourKites<br \/>(650) 468-3263<br \/>mvyridi@bigvalley.co<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxNjE2MiM0MTE4ODA1IzIwOTMyODE=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/c11f00b4-b11e-4e19-b217-037867256252\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Global Supply Chain Visibility Leader Launches Comprehensive Data Quality Guarantee for Multimodal and International Shipments CHICAGO, April 13, 2021 (GLOBE NEWSWIRE) &#8212; FourKites\u00ae, the #1 real-time supply chain visibility platform, has announced an industry-first, comprehensive Tracking Quality Guarantee that spans every major mode of transportation, including truckload, less-than-truckload, rail, ocean and air, as well as end-to-end tracking for shipments that span multiple modes. \u201cCustomers are investing in supply chain visibility as a mission-critical solution,\u201d said Mathew Elenjickal, FourKites Founder and CEO. \u201cAs such, they deserve both speed and quality to ensure that their implementation is successful and to get maximum value from their investment. As the world\u2019s largest visibility platform, we\u2019re thrilled to raise the bar with the industry\u2019s most &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-announces-industry-first-tracking-quality-guarantee\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FourKites Announces Industry-first Tracking Quality Guarantee&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-475695","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FourKites Announces Industry-first Tracking Quality Guarantee - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fourkites-announces-industry-first-tracking-quality-guarantee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FourKites Announces Industry-first Tracking Quality Guarantee - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Global Supply Chain Visibility Leader Launches Comprehensive Data Quality Guarantee for Multimodal and International Shipments CHICAGO, April 13, 2021 (GLOBE NEWSWIRE) &#8212; FourKites\u00ae, the #1 real-time supply chain visibility platform, has announced an industry-first, comprehensive Tracking Quality Guarantee that spans every major mode of transportation, including truckload, less-than-truckload, rail, ocean and air, as well as end-to-end tracking for shipments that span multiple modes. \u201cCustomers are investing in supply chain visibility as a mission-critical solution,\u201d said Mathew Elenjickal, FourKites Founder and CEO. \u201cAs such, they deserve both speed and quality to ensure that their implementation is successful and to get maximum value from their investment. 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