Why scale matters in the visibility space

Thursday morning, project44 announced a large acquisition in the visibility space, Ocean Insights. Ocean Insights is a German company that focuses on visibility in the global container space. This is the latest deal for project44 and one that greatly enhances its scale. 

This deal struck me as a pivotal moment in the visibility space. Project44 has clearly developed scale that cements the firm as the dominant player in the emerging space. 

Ocean Insights got its start two years before project44...

https://www.freightwaves.com/news/why-scale-matters-in-the-visibility-space

Project44 reels in Ocean Insights in ‘largest acquisition in visibility space’

With port congestion, particularly in California’s San Pedro Bay, making headlines, project44 made a huge splash Thursday in announcing it had acquired Ocean Insights to provide global supply chain visibility to its customers.

“BCOs [beneficial cargo owners] are getting squeezed at the ports and are screaming for relief. There is just way more freight coming into ports than the ports can handle, creating a record number of vessels waiting to get unloaded,” project44 founder and CEO Jett...

https://s29755.pcdn.co/news/project44-reels-in-ocean-insights-in-largest-acquisition-in-visibility-space