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DSGX acquires MyCarrierPortal at $24 million upfront to strengthen supply chain security and performance.
DSGX's fiscal Q2 performance is driven by strength across Services, License and Professional services and other segments coupled with strategic buyouts.
DSGX's Q2 fiscal 2025 performance is likely to have gained from robust demand for its differentiated offerings and buyout strategies.
The Descartes Systems Group Inc. DSGX portfolio of solutions is gaining steady traction. DSGX recently announced that Brazil-based Solar Coca-Cola is utilizing its route execution and fleet performance management solution to enhance the last-mile delivery performance for more than 1,400 drivers across 44 distribution centers and 13 production facilities, covering 70% of Brazil.
SÃO PAULO and ATLANTA, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Solar Coca-Cola, the second largest manufacturer and distributor of Coca-Cola in Brazil, is using Descartes' route execution and fleet performance management solution to optimize the last mile delivery performance of 1,400+ drivers across 44 distribution centers and 13 production facilities serving an area that represents 70% of the country.
The Descartes Systems Group Inc. DSGX has announced that Nynas AB is implementing its cloud-based transportation management system (TMS) solution to automate communications across the customer order lifecycle.
LIER, Belgium and ATLANTA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Nynas AB, a world-leading manufacturer and supplier of specialty oil products and services, is using Descartes' cloud-based transportation management system (TMS) to automate communications throughout the customer order lifecycle. The solution is used to communicate with carriers, freight forwarders, customs agents, independent inspectors and its main storage hub to support the types of shipments they deliver across Europe.
WATERLOO, Ontario, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its second quarter fiscal 2025 financial results after market close on Wednesday, September 4, 2024.
LONDON and ATLANTA, July 23, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that British integrated property services company James Frew is using Descartes' customer engagement solution to improve social and private property access rates for its service technicians to complete customer appointments. Within the first year of deployment, James Frew completed over 4.1% more scheduled social housing service appointments and over 3% more private service appointments, equating to over 4.6% in cost savings by mitigating the need for repeat appointments.
Descartes Systems Group Inc. is a leading provider of cloud-based logistics and supply chain management solutions. The company has shown strong financial performance, with increasing revenues and high gross margins. Descartes is well-positioned for growth with opportunities in final mile technology and driver safety solutions, despite facing challenges from macroeconomic uncertainties and competition.