project44

Chicago-based supply chain visibility services provider project44 noted that in addition to the Dali, there are also three other container vessels currently moored in the Port of Baltimore. And for container vessels that were scheduled to arrive at the Port of Baltimore now re-routing to alternative ports, Everstream Analytics reported the following: four at the Port of New York and New Jersey; three at the Port of Norfolk; one at the Port of Philadelphia; and one unconfirmed.

LM Group News Editor Jeff Berman recently caught up with Bart De Muynck, Chief Industry Officer, for Chicago-based supply chain visibility services provider project44 about shifts in global supply chain patterns, at a time when economic uncertainty remains firmly intact, in the form of things like still-high inflation and decreased consumer demand coupled with signs of supply chain stabilization such as reduced port congestion and lessened logistics bottlenecks on a global bas

Entitled, Yard Solutions, project44 described it as a comprehensive set of dock, yard, and asset management capabilities focused on improving efficiency and automating yard operations from a single platform, through its three primary offerings: Slot Booking, Yard Visibility, and Yard Management.

Chicago-based supply chain visibility services provider project44 announced it received a $420 million investment. The investment was led by Thoma Bravo, TPG, and Goldman Sachs Asset Management, coupled with participation from Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire, and Sozo Ventures each acquiring equity shares in project44 and resulting in a pre-money valuation of $2.2 billion.

With $100+ million in annual recurring revenue, 1,000+ team members, 1,000+ customers, 1+ billion packages tracked annually and the top performer in analyst reports, project44 leads the supply chain visibility market.

To help supply chain leaders navigate the rapidly evolving market and technology landscape, this guide provides an overview of what advanced visibility means and what to consider while selecting a solution.

Supply chain visibility platform vendor aims to empower women through community, coaching, learning and conscious growth.

While much attention has been paid to the backlog of container ships waiting to berth at the Port of Los Angeles and the Port of Long Beach (there were 73 anchored there in September), the United States West Coast is far from the only place dealing with these challenges. That was made clear in data published today by Chicago-based project44, which found that as of October 7, there were “around 386 ships (anchored and moored) off Shanghai and Ningbo—two of China’s...

DHL, project44 and AEye to sponsor Women’s Luncheon at inaugural Manifest event featuring DHL’s Gina Chung and CEOX’s Luann Abrams

Chicago-based supply chain visibility services provider project44 announced today it has acquired Austin-based Convey, a provider of delivery experience management software that helps shippers connect disparate data and processes from parcel to freight in the last mile. The purchase price, according to project44, is $255 million, the company’s largest acquisition in its history and the third one of 2021, too, having acquired Ocean Insights and ClearMetal earlier this year.

The company said that through this partnership project44 will become the first strategic partner for real-time transportation visibility to integrate its capabilities into the Google Cloud Supply Chain Twin offering—which optimizes planning and decision-making by orchestrating supply chain data from enterprise business systems, partners, and public sources and enables shippers to bring together data from multiple sources and require less partner integration time than traditional API-based integration—and is a major cog of the Google Supply Chain platform.

Partnership integrates project44 analytics into Google Cloud’s new Supply Chain Twin solution to improve transportation efficiency and inventory management

With this round of investment, project44 said its market cap now stands at $1.2 billion, with the company having raised $442.5 million to date.

A project44 spokesman told LM that this acquisition was made to ensure that project44 customers have the most sophisticated network platform on the market.

A little more than one month after reports surfaced suggesting that global electronics giant Panasonic was set to acquire, in Scottsdale, Ariz.-based Blue Yonder (formerly JDA), a provider of AI-driven and end-to-end supply chain management services, a report in the Wall Street Journal indicated that Blue Yonder instead plans to become a publicly traded company.