Company Overview: Terminal49
Terminal49 specializes in container tracking and freight management solutions that enhance visibility across the ocean, rail, and inland shipping segments. Their offerings provide comprehensive real-time tracking via a robust dashboard and a modern API, ensuring full visibility from ocean to inland destinations. The solutions are tailored to minimize disruptions, reduce risks, and improve operational efficiency by leveraging reliable container tracking capabilities.
Key Offerings
- Products: Terminal49's product suite includes a real-time dashboard, data analytics, and a well-integrated API facilitating seamless ERP and TMS integration. The solutions serve diverse logistics operations including cargo owners, freight forwarders, and logistics technology providers.
- Data Quality: Terminal49 boasts a 99%+ data completion rate with updates as frequent as every hour, ensuring precise and actionable data for decision-making and enhanced shipment visibility.
- Intermodal Rail Tracking: Provides full visibility across North American Class 1 rail carriers to effectively manage container journeys from ocean terminals to inland destinations.
Unique Selling Points
- Comprehensive Integration: Terminal49 integrates data from over 150+ trusted data sources, including major rail and ocean carriers, to deliver a complete tracking solution.
- Cost-Efficiency: Reports indicate significant reductions in manual shipment tracking efforts, achieving up to 90% cuts in manual work and a 25% productivity increase.
- Proactive Alerts: Offers proactive alerts for critical shipment milestones, allowing users to avoid detention and demurrage fees.
- Reliability: Ensures a 99.5% uptime guarantee and extends 97% global coverage, providing customers with reliable logistics data.
Leadership & Sustainability
Leadership Team
- Akshay Dodeja: Founder & CEO
- Matt Turner: Co-Founder & Lead Engineer
The leadership possesses strong technical backgrounds, emphasizing IT, web development, and data analysis, enabling Terminal49 to continue innovating and reacting to industry needs.
Commitment to Sustainability
Terminal49 commits 1% of its revenue to carbon removal efforts via Stripe Climate, highlighting its dedication to sustainable practices within its business operations.
Competitor Profiling
Terminal49 operates within a competitive logistics landscape, facing rivalry from several prominent companies in the shipment visibility sector.
Key Competitors
1. Project44
- Mission: Aims to create a connected, predictable, and sustainable supply chain environment.
- Scale: Provides visibility into over 1 billion shipments annually.
- Funding: Raised $912M.
- Location: Chicago, Illinois.
2. Descartes MacroPoint
- Platform: Offers real-time shipment visibility with predictive analytics.
- Revenue: $11.3 million.
- Workforce: Approximately 501 global employees.
3. FourKites
- Specialization: Manages over 3.2 million shipments daily with AI-powered capabilities.
- Funding: $243M.
- Global Presence: Offices in the US, Europe, and Asia with 500+ employees.
Additional Competitors
Other companies like SAP Business Network, Alpega TMS, and Cargoson are notable alternatives with a focus on real-time tracking, analytics, and integration capabilities. Terminal49's current market share in fleet management is 0.00%, presenting opportunities for growth against competitors like Flexport, which holds a 0.65% market share.
Strategic Insights
Terminal49 should enhance visibility and analytic capabilities to remain competitive, especially against firms like FourKites and Project44. By expanding its presence and investing in technological upgrades, Terminal49 could secure a more robust position in the market.
