Descartes(DSGX)

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DSGX's Solution Used by ArrowXL to Boost Last Mile Delivery
ZACKS· 2025-05-23 15:56
The Descartes Systems Group Inc. (DSGX) recently announced that ArrowXL, the U.K.’s largest and most established two-person home delivery and warehousing specialist, is leveraging its cloud-based route planning and execution solution to streamline last mile delivery operations. DSGX’s solution is enhancing ArrowXL’s dynamic route planning capabilities and improving transportation efficiency and capacity across the business.Descartes’ advanced last-mile delivery platform is designed to support dynamic delive ...
ArrowXL Optimizes Last Mile Delivery and Unlocks Capacity with Descartes
GlobeNewswire· 2025-05-21 10:45
LONDON and ATLANTA, May 21, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that ArrowXL, the U.K.’s largest and longest-established two-person home delivery and warehousing specialist, is using Descartes’ route planning and execution solution to automate and optimize last mile delivery route planning. This enables ArrowXL’s route planning team to plan and optimize routes for deliveries dynamically a ...
Descartes' Annual Ecommerce Study Shows Younger Consumers Driving Online Buying Growth - but 79% Have Experienced Delivery Problems
GlobeNewswire News Room· 2025-05-14 10:45
LONDON and ATLANTA, May 14, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from How Smarter Home Delivery Wins Younger Consumers as Online Buying Slows, its fourth annual consumer sentiment study of ecommerce home delivery. The study shows that, in a slower growing ecommerce market, consumers aged 18-35 (“under 35s”) are the biggest contributor to online growth, increasing both the volume an ...
Descartes Sets Date to Announce First Quarter Fiscal 2026 Financial Results
GlobeNewswire· 2025-05-05 10:45
Company Overview - Descartes Systems Group is a global leader in providing on-demand, software-as-a-service solutions aimed at enhancing the productivity, security, and sustainability of logistics-intensive businesses [4] - The company offers modular solutions for various logistics processes, including routing, tracking, shipment planning, transportation invoice management, and customs documentation [4] Upcoming Financial Results - Descartes is scheduled to report its first quarter fiscal 2026 financial results after market close on June 4, 2025 [1] - An executive management team conference call will be held at 5:30 p.m. ET on the same day to discuss the financial results [2] Conference Call Details - The conference call can be accessed via designated numbers for North America and international participants, with a conference ID of 26605 [2] - A replay of the conference call will be available until June 11, 2025, along with an archived webcast on the company's investor relations website [3]
DSGX Solution Aligns Air Cargo Data Transmission With IATA Standard
ZACKS· 2025-04-11 13:45
The Descartes Systems Group Inc. (DSGX) has announced a significant advancement in air cargo digitization through its Descartes Air Messaging solution, which streamlines the transmission of shipment data in accordance with the International Air Transport Association’s (“IATA”) ONE Record messaging standard. IATA’s ONE Record initiative aims to fully digitize air cargo messaging services by Jan. 1, 2026, replacing traditional Cargo-IMP and Cargo XML formats. This shift is intended to create a more unified an ...
Descartes Solution Streamlines Air Shipment Data Exchange with IATA's ONE Record
Newsfilter· 2025-04-10 10:45
MUNICH, Germany and ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes Air Messaging™ solution has streamlined the transmission of air shipment data according to the International Air Transport Association's (IATA) ONE Record messaging standard. IATA's ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging serv ...
Descartes Solution Streamlines Air Shipment Data Exchange with IATA's ONE Record
GlobeNewswire News Room· 2025-04-10 10:45
MUNICH, Germany and ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes Air Messaging™ solution has streamlined the transmission of air shipment data according to the International Air Transport Association’s (IATA) ONE Record messaging standard. IATA’s ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging serv ...
Lane One Transport Automates Carrier Communication and Qualification with Integrated Parade and Descartes Solutions
GlobeNewswire· 2025-04-03 10:45
ATLANTA, April 03, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Texas-based Lane One Transport, a leader in freight brokerage, is automating inbound carrier communication and qualification using Parade CoDriver, a recently enhanced artificial intelligence (AI)-powered carrier engagement solution, integrated with the Descartes Aljex™ transportation management system (TMS) and Descartes MyCarri ...
Skypace Enhances Speed and Accuracy of Freight Bookings with Descartes Rate Management Solution
GlobeNewswire· 2025-03-31 10:45
Core Insights - Descartes Systems Group's Global Price Management (GPM) solution is being utilized by Skypace to enhance its self-service quote-to-book platform, providing accurate shipping rates and a digital-first experience for customers [1][2] - Skypace has achieved an 85% reduction in rate processing times, with updates completed in under 48 hours, resulting in 99% pricing accuracy for quotes [2] - The integration of Descartes GPM has led to a 5% increase in accuracy on surcharges across 16 million rates, contributing to improved customer satisfaction and operational efficiency [2] Company Overview - Skypace is a global freight forwarder and logistics service provider focused on accelerating global trade logistics through innovative products [3] - The company offers a digital platform that manages planning, pricing, freight, documentation, and financing services for cargo shippers, ensuring a seamless freight forwarding process [3] - Descartes is a leader in providing software-as-a-service solutions aimed at improving productivity, security, and sustainability for logistics-intensive businesses [4]
DSGX Boosts Transportation Management With 3G Buyout: Stock to Gain?
ZACKS· 2025-03-26 15:00
Group 1 - The Descartes Systems Group Inc. (DSGX) has acquired 3GTMS for approximately $115 million to enhance its position in the logistics sector and strengthen its Global Logistics Network (GLN) [1][3] - 3G's solutions focus on improving cost efficiency, customer satisfaction, and logistics performance through modern cloud architecture and automation-driven planning [2][3] - The acquisition is expected to improve Descartes' domestic transportation capabilities, including truckload, less-than-truckload, and parcel shipments, while integrating 3G's technology will lead to continuous improvements in logistics operations [3][4] Group 2 - In the last reported quarter, DSGX's revenues increased by 13% year over year to $167.5 million, surpassing the Zacks Consensus Estimate by 0.5%, driven by synergies from previous acquisitions [5] - The company has been actively acquiring firms, including Sellercloud for about $110 million and Assure Assist, to enhance its e-commerce and fraud prevention capabilities [6][7] - The integration of these acquisitions is expected to provide a comprehensive solution for managing domestic and cross-border e-commerce shipments, improving efficiency and visibility across supply chains [6][7] Group 3 - Despite the positive developments, the company faces challenges from global macroeconomic conditions, geopolitical issues, and supply chain volatility [8] - DSGX's stock has performed well, gaining 15.5% over the past year, while the broader industry has seen a decline of 2.2% [9]