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PERFECT SIGHT TRACKING • VASTLY IMPROVED SUPPLY CHAIN VISIBILITY HAS CHANGED THE WAY GLOBAL LOGISTICS OPERATE, AND FURTHER DEVELOPMENTS ARE ON THE WAY Being able to keep track of all shipments – from the heart of a continent to the middle of the ocean – and generating accurate predictions for transport timings are two of the most impressive developments in modern logistics. Furthering these developments are FourKites, a supply chain management provider for global organisations, and Ocean Insights, a data and market intelligence specialist. FourKites and Ocean Insights have announced an exclusive partnership to transform container visibility. This strategic partnership creates a plug-and-play deployment model that integrates Ocean Insights’ ocean freight tracking data with FourKites’ real-time visibility platform to offer domestic and international logistics professionals full end-to-end visibility. This project covers modes of transport from global seaports to final destinations anywhere in the world. FourKites works with the world’s largest network of shippers, carriers and 3PLs to deliver levels of insight that provide stronger and more proactive supply chain decisions. Ocean Insights combines container liner
HCB MONTHLY | NOVEMBER 2019
together with FourKites’ over-the-road data and our powerful predictive platform,” says Dr Felix Richter, CEO of Ocean Insights. “Now, supply chain professionals can better manage their operations and unlock value through a single, consistent visibility platform, regardless of international and domestic responsibilities,” adds Mathew Elenjickal, CEO of FourKites.
schedules and carriers’ container tracking information with neutral AIS vessel tracking data to give customers the ability to plan and monitor operations at the highest level. Even though it was only launched five years ago, FourKites now tracks more than 600,000 shipments every day and has pioneered the industry shift to real-time visibility, enabling improvements in on-time delivery and supply chain optimisation based on actionable data and predictive intelligence. The network used by FourKites has grown to encompass more than 260 of the world’s top shippers. The aim of this collaboration is that by combining FourKites’ global network with Ocean Insights’ real-time container tracking capabilities, import and export teams will be able to rely on a single system for door-to-door
REAL-WORLD USE All modes of transport can benefit from the partnership between FourKites and Ocean Insights. Recently, Stolt Tank Containers (STC) announced the successful implementation of a new integration project with FourKites. This caters for all key status events that occur in the transport of Stolt’s tanks. FourKites highlights the relevant information to customers using STC through the FourKites platform, simultaneously combining it with information from other suppliers of STC’s customers. “This new integration allows status updates to be communicated from STC to FourKites in real time,” says Shane Robertson, principal business analyst at STC business applications. “By harnessing our own extensive digital
tracking anywhere in the world. This collaborative use of real-time data to assist diverse brands is expected to lower operating costs and improve on-time performance. “We’re excited to now offer true door-todoor capabilities to our customers via the integration of our superior ocean data,
supplier network, we can automatically pass updates to FourKites whenever our logistics partners notify us of key status update events”. The implementation of this integration with the FourKites platform is a major enhancement to STC’s logistics technology
