New partnership gives FourKites access to FedEx data trove

FourKites will get access to previously internal shipment data from FedEx to train its predictive visibility system as part of a new planning and problem resolution platform called FourKites X.

FedEx has invested an undisclosed amount into FourKites as part of the partnership, with has bolstered the Chicago-based visibility provider’s valuation above $1 billion, CEO Mathew Elenjickal told JOC.com. Photo credit: Shutterstock.com.

FourKites will get access to previously internal shipment data from FedEx to train its predictive visibility system as part of a new planning and problem resolution platform called FourKites X.