Descartes Systems Group Inc. reports developments tied to cloud-based logistics and supply chain software centered on its Global Logistics Network. The company connects shippers, carriers and logistics service providers for last mile delivery, domestic and international shipments, transportation rating and payment, freight visibility, global trade research, customs compliance and regulatory processes.
Recurring news includes fiscal results, customer deployments of Descartes transportation management, Sellercloud and MacroPoint solutions, AI and machine-learning features built on logistics execution data, and acquisitions that add data or software capabilities to the network. Updates also cover how customers use Descartes platforms for ecommerce fulfillment, fleet performance, shipment visibility and freight operations.
Descartes Systems Group (Nasdaq: DSGX) announced that freight forwarders like Aqualine International and E.T.H. Cargo Services are enhancing their operational responsiveness amid COVID-19 disruptions by utilizing Descartes' cloud-based solutions. These solutions enable these companies to streamline back office operations, ensure regulatory compliance, and monitor shipping patterns effectively. The reports highlight significant operational improvements such as the transition to remote work without affecting customer shipments and increased compliance with U.S. regulations, thereby positioning Descartes favorably during ongoing logistics challenges.
Descartes Systems Group (TSX: DSG, Nasdaq: DSGX) is set to announce its first-quarter fiscal 2021 financial results on May 27, 2020, after market close. A conference call will be held at 5:00 p.m. ET on the same day, accessible via designated phone numbers and a simultaneous audio webcast. Replays of the call will be available until June 3, 2020. As a leader in logistics software solutions, Descartes focuses on improving efficiency for logistics-intensive businesses globally.
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