Retailer business surges for FourKites
CHICAGO - FourKites, a supply chain management software company, announced Monday it has tracked 170% more loads for retail customers in the last year, while growing its retail customer base by more than 20%.
As the pandemic continues to cause supply chain disruptions and changes in buying preferences, top retailers such as Meijer, Michaels Stores, Walmart Canada and PetSmart are increasingly relying on FourKites' network of logistics tracking data to ensure faster and more efficient delivery of products, the company said.
Over the same period, the company has tracked products more than 1.75 billion miles for its retailers, representing 265% year-over-year growth, FourKites said. The growth is attributed to the company's newly expanded suite of supply chain visibility solutions for the retail sector. The number of carriers hauling freight for retail clients increased by 33%, it said.