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FourKites received a patent for its innovation in ocean shipping

Inspenet.

December 30, 2022

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By: Inspenet, October 21, 2022

Leading supply chain visibility company, FourKites, today announced that it has been granted US Patent #11,461,731 by the US Patent Office for its unique ocean shipping solutions. FourKites’ maritime solutions provide international carriers and their partners with complete visibility into all the complex documentation requirements at every stage of every ocean shipment.

These capabilities are available to FourKites Dynamic Ocean® customers and offer shippers actionable intelligence as well as automation. As a result, carriers can quickly and easily identify and address any supporting documentation that may be missing, incorrect or incomplete.

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Port bottlenecks, vessel delays, and incorrect or incomplete documentation are common challenges for ocean carriers, who typically pay millions of dollars a year in demurrage and detention fees.

By integrating international documentation requirements with ocean freight visibility, FourKites automates the matching of specific documents to shipments. This ensures that time-sensitive ocean shipments pass through customs with correct and complete documentation at every stage of the journey.

This material on the es.finance.yahoo.com portal has been edited for clarity, style and length.

Source : https://es.finance.yahoo.com/noticias/fourkites-receive-patent-visibility-precedents-134900949.html

Photo: ShutterStock