FourKites, a Chicago, IL-based provider of a supply chain visibility platform, is acquiring TrackX Holdings Inc.’s (TSX.V:TKX | OTC: TKXHF | FSE :3TH) yard management solutions.

Specifically, FourKites has acquired TrackX’s Yard Management, Dock Management and Gate Control solutions, which are hardware-agnostic and integrate with ERP and WMS systems, as well as RFID and IoT sensors.

The acquisition will enable FourKites to create Dynamic YardSM, a new supply chain visibility solution that extends real-time visibility into the yard.

By integrating FourKites real-time logistics data and predictive ETAs with TrackX’s yard management products, enterprises will be able to proactively manage yards and warehouses based on real-time signals from trucks in-transit and trucks on-site.

Led by CEO Mathew Elenjickal, FourKites provides a real-time supply chain visibility platform with participation from more than 400 of the world’s largest shippers and their carrier and broker partners. | To read full story, visit https://startuparound.com/read/1585746010.0603783/FourKites-Acquires-TrackX-Holdings?ref=audio_experience