FourKites Continues Unprecedented Momentum in Europe with 148% Year-on-Year Growth

FourKites

Leader in supply chain visibility builds on local momentum with new offices and veteran hires as European customers shift to digitalization

FourKites continues its unprecedented momentum in Europe

FourKites Momentum in Europe in figures

FourKites Momentum in Europe in figures

Seasoned Industry Veterans Join FourKites

Nicu Ciontea, Katja van Trigt, Jeroen Peijnenburg and Nicholas Mellings bring highly specialized knowledge of the European market

Nicu Ciontea, Katja van Trigt, Jeroen Peijnenburg and Nicholas Mellings bring highly specialized knowledge of the European market

CHICAGO, June 16, 2022 (GLOBE NEWSWIRE) — The Leading Real-Time Supply Chain Visibility Platform FourKites® announced today that it has exceeded its annual growth targets in the Europe, Middle East and Africa (EMEA) markets, achieving a 148% growth in shipments over the past 12 months. The number of customers tracking loads with FourKites in EMEA has increased by 59% over the past 12 months, while the number of carriers tracking shipments has increased by 55% over the same period.

“Over the past year, we have invested heavily in Europe — in our team, our partners, our products and our customers. Today’s complex supply chains require end-to-end global visibility, and the region is vital to global commerce,” said Mathew Elenjickal, CEO and Founder of FourKites. “We are seeing this investment reflected in our accelerated growth metrics over the past year.”

Some of FourKites’ more recent customer additions in the region include Barilla Group, Beyond Meat, Cardinal Health, Haworth, LyondellBasell, McCain Foods, Roehm, Rove Concepts and Yamaha Motors.

I localthe investment pays off
In January 2022, FourKites has acquired German supply chain visibility provider NIC-place, the market leader in supply chain visibility software solutions specifically designed for transportation companies, carriers and logistics service providers. The acquisition created the largest multimodal carrier network in Europe, serving global shippers with the most comprehensive end-to-end global supply chain visibility platform.

Additionally, over the past few months, FourKites has invested in its local teams with seasoned industry veterans to build the necessary infrastructure to support its growing European network. Recent senior executive hires include:

  • Jeroen Peijnenburg, Corporate Account Manager, Southern Europe, will lead FourKites’ supply chain visibility operations in the region. He spent several years in leadership roles with global asset-owning carriers and logistics service providers.

  • Nicu Ciontea, Carrier Manager, based in Amsterdam, will increase carrier support across Europe. Until recently, Nicu led the carrier sales team at CH Robinson in Amsterdam.

  • Nicholas Mellings, Enterprise Account Director EMEA, will lead the FourKites UK sales team. Nicholas brings 30 years of experience in the transportation and logistics industry, and has spent the last five years working for Transporeon.

  • Katja van Trigt, Senior Director Talent & Development EMEA, comes to FourKites with an enviable background after working at American Express, Bausch & Lomb and Infoblox.

New offices
FourKites continued to strengthen its European presence with the addition of new offices. The company opened a larger European headquarters in Amsterdam; a new office in Munich serving the German hub market; and strengthened its presence in Poland to serve the Eastern European carrier market.

“To support our growing network of European shippers and carriers, we have taken the necessary steps to ensure we have a strong local presence, with highly specialized knowledge of the European market,” Elenjickal added. “Europe is quickly seizing the benefits of supply chain visibility. European companies find that FourKites’ approach fits naturally with their current needs, and that the synergy is what creates more transparency, collaboration and resilience in global supply chains.

“Digitalisation is an important step in Dow’s journey to implementing an end-to-end supply chain visibility strategy,” said Kevin Nielen, logistics manager at Dow Chemical. “Our strategic partnership with FourKites allows us to digitize and move from a manual work mode to an integrated technology platform workflow.”

About FourKites
World’s Leading FourKites Supply Chain Visibility Platform® extends visibility beyond transportation into jobsites, warehouses, stores and beyond. Tracking over 2.5 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 1,000 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 https://www.fourkites.com/.

Media Contacts
Marianna Vyridi
Big Valley Marketing for FourKites
(650) 468-3263
mvyridi@bigvalley.co

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/6519424a-dab9-4be6-a176-7d929381a6fc

https://www.globenewswire.com/NewsRoom/AttachmentNg/23c7d695-b94b-47ac-8bce-f3cab342db3a

Mary I. Bruner