We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » FourKites Acquires European Supply Chain Visibility Leader NIC-place
Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Upload your press release

FourKites Acquires European Supply Chain Visibility Leader NIC-place

FourKites Acquires European Supply Chain  Visibility Leader NIC-place
January 18, 2022
No Comments

FourKites, provider of the world’s #1 real-time supply chain visibility platform, announced that it has acquired leading European supply chain visibility provider NIC GmbH (NIC-place). The combined over-the-road, rail and ocean carrier networks of FourKites and NIC-place will create the largest multimodal carrier network in Europe, ready to serve global shippers with the most comprehensive end-to-end global supply chain visibility platform. The acquisition will also accelerate the adoption of secure real-time visibility solutions specifically designed for carriers, while shortening the time to value for shippers with complex, multimodal carrier networks.

NIC-place is the market leader in supply chain visibility software solutions specifically designed for transport companies, carriers and logistics service providers. With its proprietary Data Control Center (DCC), NIC-place provides a flexible and secure way for carriers to share supply chain data with customers, while giving them complete control of their business, their network and their data. Founded in 2016 and headquartered in Germany, thousands of companies such as Kuehne+Nagel, H.Essers, Unterer, Quehenberger and Frigotrans rely on NIC-place to track and monitor millions of shipments every year.

“We are thrilled to join forces with FourKites, the pioneer and market leader in real-time supply chain transport visibility, and the pace-setter for innovation and end-to-end multimodal coverage,” said Pete Jendras, Founder and Managing Director of NIC-place. “FourKites shares our vision for prioritizing data security and integrity, and empowering carriers to collaborate easily with their supply chain partners. We look forward to extending the combined benefit of NIC-place’s leading carrier solutions with the largest global real-time visibility network in the world.”

As a FourKites company, NIC-place will remain focused on carrier-specific solutions, while leveraging FourKites’ leading shipper network, global scale and R&D engine to accelerate the pace of innovation. The companies will maintain the NIC-place name and will maintain the NIC-place offices in Germany from which to expand its team and operations.

“NIC-place boasts the only carrier-focused visibility solution on the market; the most advanced rail tracking features in Europe; and unmatched expertise in high-value and temperature-controlled shipments,” said FourKites founder and CEO Mathew Elenjickal. “This acquisition creates a powerhouse of carrier- and shipper-focused expertise that accelerates end-to-end visibility and the delivery of new solutions tailor-made for our customers’ unique requirements.”

The acquisition will help accelerate much-needed supply chain visibility across Europe. According to a recent research report on the state of European supply chains by Reuters and FourKites, 78% of European companies indicated that end-to-end freight traceability was their biggest supply chain pain point.

NIC-place’s advanced capabilities:
●Data privacy and security. NIC-place’s Data Control Center (DCC) is subject to some of the most stringent data privacy regulations regarding GDPR. These laws allow carriers to have complete control over their data and with whom they share it.

●Easy integration with any real-time visibility provider. NIC-place’s DCC is the only solution with standardized interfaces to all open real-time visibility platforms, unifying all data types from multiple telematics systems across different manufacturers and transport modes. Carriers who onboard with DCC have a simple, single hub for all of their visibility data.

●Temperature-controlled and high-value shipments. NIC-place is the market-leader for tracking temperature-controlled and high-value transports such as pharmaceuticals, fresh and frozen products, and electronic equipment. The largest group of European refrigerated logistics companies leverage the NIC-place platform to better serve customers and ensure that critical goods are delivered with the highest quality.

●Comprehensive and optimized rail coverage. NIC-place tracks the largest European rail network — an increasingly critical capability as many companies shift more shipments to rail in the face of ongoing ocean challenges. The company’s advanced monitoring tracks wagons, train compositions, points of interest and transports for effective use, smooth processes and better planning.

“We are excited to see these two market leaders joining forces,” said European Carrier Rainer Linke, Unterer Logistics. “With their shared commitment to secure, carrier-controlled data sharing, collaboration and ongoing innovation, we are excited about the value this union will bring to the broader European logistics community.”

FourKites’ acquisition of NIC-place comes on the heels of record growth for both companies as they address the challenges fueled by the ongoing global supply chain crisis. In 2021, FourKites saw 148% growth in European shipment volume, doubled the number of new European customers, grew its carrier network 35% and saw 110% growth in European carriers on FourKites’ Premier Carrier List.

FourKites will be showcasing the NIC-place solution and the value it brings to both carriers and shippers in a live webinar taking place on Wednesday, February 16.

FourKites is the #1 supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching 176 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognized brands — including 9 of the top-10 CPG 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.

https://www.fourkites.com/resources/nicplace-solution-demo/
Submit your logistics, material handling, or supply chain related company news in DC VELOCITY's Industry Press Room section or New Products section
Transportation Technology Supply Chain Services
KEYWORDS FourKites, Inc.
  • Related Articles

    FourKites Appoints Industry Veteran to Accelerate Supply Chain Visibility Among European Carriers

    FourKites Named a Leader in Pharmaceutical Supply Chain Visibility Report

    Supply chain leaders to Chart Future of Supply Chain Visibility at FourKites Visibility 2021

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Survey: top supply chain risk of 2023 is semiconductor shortage

  • Big and bulky last-mile delivery segment set for hot growth

  • Outlook 2023: What’s in store for logistics/supply chain?

  • Ports, maritime operators see tide turning as ocean freight tsunami subsides

  • In Person: Steve Beverly of Penske

Now Playing on DCV-TV

1b952214 50bc 4b17 8699 b7fd3de34b0c

The Right Way Versus the Wrong Way Equals BIG $ When Conducting Transportation Sourcing Events

DCV-TV 4: Viewer Contributed
What is the "smart" way to source your transportation and why is it so important? Because the carriers are smart and they will provide better rates and service when things are done the right way versus the "wrong" way. In short, from a carrier's perspective sourcing events are a clear indication whether a shipper...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing