FourKites’ Latest Top European Carriers List Reflects ROI of High-Quality, Real-Time Supply Chain Visibility Data
AMSTERDAM–(BUSINESS WIRE)–First real-time supply chain visibility vendor FourKites today published its List of major carriers (PCL), which recognizes the rapidly growing community of brokers, carriers and 3PLs who achieve the highest standards of operational excellence related to visibility in all modes of transport.
To qualify for the PCL, carriers must demonstrate their ability to deliver high-quality, consistent, and accurate data on the vast majority of their shipments, enabling their shipper customers and other ecosystem partners to streamline operations, increase the speed of shipping dock turnaround times. , reduce inventory levels and optimize labor costs.
In the first half of 2022, 685 carriers were appointed to the PCL, including an 8% increase for carriers based in Europe. These primary carriers demonstrated a significantly higher tracking percentage, on average, compared to non-PCL carriers. Over the past six months, carriers that qualified for the Preferred Carrier List tracked an average of 92.6% of their ground shipments with real-time visibility, while non-PCL carriers tracked only 74 .3% of their shipments.
“We partnered with FourKites because we wanted to grow our business,” says Vladas Stončius, CCO, Vlantana. “Suppliers are increasingly expecting carriers to provide real-time data on all shipments. Thanks to FourKites, we are able to do this efficiently and consistently, which has allowed us to win bigger customers and increase our margins.
Notably, Premier Carriers experienced higher growth rates than their non-PCL counterparts. In Europe, from H2 2021 to H1 2022, Premier Carriers saw shipping volume growth of 9%, compared to non-PCL carriers in the region, which saw their shipping volume contract by 2%.
“Qualifying for FourKites Premier Carrier List is an increasingly important distinction for carriers, brokers and 3PLs who must stand out in an increasingly competitive and volatile marketplace,” said Jason Eversole, vice -President, Carrier Operations & Strategy, FourKites. “We are delighted to see the continued growth in the total number of major carriers, and also delighted to see the clear business benefits they are enjoying through their visibility excellence. »
The list of main carriers is available herewhere users can access the list and perform searches based on carrier capabilities, transportation modes, geographic areas served, and other relevant criteria.
Premier carriers talk about the benefits of the program:
“Transervice is honored to be recognized as a FourKites Premier Carrier. FourKites has provided Transervice and our customers with unparalleled visibility into our logistics operations. This capability ensures full transparency throughout the supply chain and promotes efficient use of resources. We are proud to partner with FourKites and look forward to their continued growth and innovation.”
– Tom Poduch, Senior Director, Solutions, at Transervice
“Van den Bosch is always looking for new opportunities to make its supply chain more efficient and sustainable. Fueled by data, ideas and knowledge, innovation and digitization are key drivers. Qualifying for Premier Carrier is a great recognition and confirmation of our position as a bulk supply changer.
– Marrit Hopmans, Head of Data and Applications, Van den Bosch
“As a former FourKites employee, I have seen how imperative their technology is to the entire industry. TransLoop is extremely proud to be recognized as a FourKites Premier Carrier. what our shipper and carrier partners expect of us to make TransLoop the most transparent and trusted broker partner in the industry.
-Nick Reasoner, CEO, TransLoop
The world’s leading supply chain visibility platform FourKites® extends visibility beyond transportation to jobsites, warehouses, stores and beyond. Tracking over 2.8 million daily shipments by road, rail, ocean, air, parcel and courier, and reaching over 200 countries, FourKites combines real-time data and powerful machine learning to help businesses digitize their end-to-end supply chains. More than 1,100 of the world’s most recognized brands, including 9 of the top 10 CPGs 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 www.fourkites.com.