FourKites, a Chicago-based provider of real-time tracking and supply chain visibility solutions, partnered with Ryder System, Inc., a provider of commercial fleet management, dedicated transportation and supply chain solutions, to integrate its Freight Visibility & Orchestration Platform into Ryder NaviShare, a solution that will be available across Ryder's customer base.
As a natively integrated component of Ryder NaviShare, FourKites technology delivers real-time shipment visibility and exception notifications, which are combined with Ryder business intelligence, analytics and engineering to provide event management solutions for shippers, routing instructions for drivers and delivery updates. The application integrates real-time information across all carriers within a user's transportation network. NaviShare, with FourKites' capabilities, will be available to Ryder customers in the third quarter of 2017.
"We built FourKites to serve companies like Ryder and its clients—those with complex supply chains that require advanced levels of visibility, are battling rising costs and are also subject to an increasingly demanding end customer," says Matt Elenjickal, FourKites founder and CEO. "Partnering with Ryder is an honor for us, and an endeavor we feel very confident will help advance the supply chain and logistics industry through the application of modern technology, data science and deep expertise to improve the total customer experience."
"After carefully evaluating many freight visibility platforms, it became abundantly clear that FourKites provides the most robust capabilities for our NaviShare solution, which we are extending across our business divisions," says Gary Allen, vice president, supply chain excellence for Ryder, Miami, Fla. "FourKites has emerged as the leader in real-time freight visibility. Their capabilities will allow us to execute on complex projects, on-board a growing set of carrier partners efficiently and ultimately help our customers lower costs and improve supply chain efficiencies while enhancing their customer service experience."