Descartes Systems Group

Descartes Systems

Employees:
1,100
Market Cap:
$1.91 billion
Revenue:
$203.89 million
5 Year Trend:
12.3%
Net Income:
$24.13 million

The Descartes Systems Group Inc. (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. Descartes is perhaps best known for its abrupt and unexpected turnaround in the mid-2000s after coming close to bankruptcy in the wake of the dot-com bubble collapse. Wikipedia

Descartes Systems
Employees:
1,100
Market Cap:
$1.91 billion
Revenue:
$203.89 million
5 Year Trend:
12.3%
Net Income:
$24.13 million

The Descartes Systems Group Inc. (commonly referred to as Descartes) is a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics businesses. Descartes is perhaps best known for its abrupt and unexpected turnaround in the mid-2000s after coming close to bankruptcy in the wake of the dot-com bubble collapse. Wikipedia

Dec 19, 1:06 PM

With decreasing margins and the need to move goods quickly, pool distribution delivers the higher speed of parcel at the lower cost of LTL. Read more from Retail Info Systems: http://risnews.edgl.com/retail-news/Specialty-Retail%E2%80%99s-Best-Kept-Secret--Pool-Distribution108102

Sep 20, 1:39 PM

Daniel P. Bearth, Senior Features Writer with Transport Topics, explores the challenges that operators of corporate-owned truck fleets face to keep up with a growing number of regulations while also dealing with legal and business issues that go well beyond the traditional realm of equipment maintenance and driver management. Descartes is mentioned as the solution chosen by SRS Distribution for managing compliance by digitizing and automating drivers hours-of-service logs using a cloud-based telematics system. http://www.ttnews.com/articles/basetemplate.aspx?storyid=43230

Jul 28, 2:40 PM

Redcat Racing, a Phoenix-based provider of remote-controlled gas, nitro-powered and electric cars, has improved management of crucial in-house order management and shipping processes with an application integration solution for omnichannel retail and fulfillment from Descartes. Descartes OzLink for NetSuite has helped Redcat streamline the order fulfilment process, increase overall productivity and minimize warehouse costs while supporting an expanding product line and channels that now include Amazon, 2000+ dealers and hobby shops, and its own ecommerce site. https://www.descartes.com/descartes/news-events/descartes-in-the-news/journal-commerce-toy-car-maker-taps-logistics-tech-firm

Jun 27, 2:14 PM

Descartes' Eric Geerts recently published an article in Inbound Logistics, discussing the May 23rd memorandum issued by the International Maritime Organization (IMO) that clarifies a number of topics related to ocean trade and explains compliance requirements of its Safety of Life at Sea (SOLAS) Container Weight Verification initiative. http://www.inboundlogistics.com/cms/article/-SOLAS-container-weight-verification-requirement/

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