FedEx invests in FourKites to build intelligent supply chain platform

FedEx truck

FedEx Corp. (NYSE: FDX) and Chicago-based supply chain visibility provider FourKites have partnered to build a global supply chain intelligence platform, the companies announced Tuesday. Under the agreement, FedEx has invested an undisclosed amount in FourKites.

The new platform, FourKites X, will aim to help large shippers and logistics providers with features like dynamic planning, real-time visibility, proactive alerts and supply chain optimization insights. FourKites customers will be able...

https://www.freightwaves.com/news/fedex-invests-in-fourkites-to-build-intelligent-supply-chain-platform

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