Crowley Liner Services Broadens Transportation Rate Management Agreement With Descartes.Business Editors WATERLOO, Ontario--(BUSINESS WIRE)--Oct. 30, 2000 Agreement Expands Relationship With Crowley And Descartes' E-Transport Division The Descartes Systems Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DSGX DSGX Dynamic Sound Generator Xtra (Sony) DSGX Dynamic Sound Generator Extra ), (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DSG DSG Direct Shift Gearbox (Audi) DSG Dosage DSG Deputy Secretary General DSG Dressing DSG Designate DSG Desmoglein DSG Duke Student Government (Duke University) .), a leading provider of global Internet logistics solutions, announced today that Crowley Liner Services ("Crowley"), a provider of ocean cargo transportation services and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Oakland-based Crowley Maritime Crowley Maritime Corporation, based in Oakland, CA, and founded in 1892, is primarily a family and employee-owned company that provides transportation and logistics services in U.S. Corp., has broadened its transportation rate management agreement with Descartes. Under the agreement, Descartes' E-Transport division will provide Crowley with rate publishing and retrieval services for all of its offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. , and the Caribbean. The E-Transport division also maintains Crowley's Internet-based Customer Retrieval System, which allows Crowley's customers to retrieve shipping rates via Crowley's Web site. "E-Transport continues to offer the most extensive rate management services and rate information on the market today," said Ron Stalvey, Crowley's Director of Freight Services. "We began as E-Transport's first rate management customer. Our broadened agreement now extends the Crowley/E-Transport relationship into its 10th year. We are confident that E-Transport will continue as the leading provider of rate management services and uphold its commitment to serving our industry." "E-Transport continues to support and strengthen the rate management services that we offer our customers," said Aivars Lode, Group President at Descartes. "Our rate management capabilities are core to the services we offer our customers and are an integral part of the network-based services available over Descartes' Global Logistics Network." E-Transport offers comprehensive services to support the management of rates (i.e. prices) in the freight transportation industry. The division publishes more ocean cargo tariffs than any other organization worldwide, and maintains one of the world's largest transportation rates databases. E-Transport's rate and service contract management services enable companies to improve price-quoting practices; manage rate information across a global enterprise; simultaneously create text and calculable cal·cu·la·ble adj. 1. That can be calculated or estimated: calculable odds. 2. Readily relied on; dependable: a calculable assistant. versions of service contracts; and automatically database this information for reporting and analysis. E-Transport's services are an integral part of Descartes' DeliveryNet solutions. E-Transport's network-based services are available over Descartes' Global Logistics Network. About Crowley Liner Services Headquartered in Jacksonville, Florida “Jacksonville” redirects here. For other uses, see Jacksonville (disambiguation). Jacksonville is the largest city in the state of Florida and the county seat of Duval County. , Crowley Liner Services provides ocean cargo transportation services between Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Puerto Rico, the Eastern and Western Caribbean, Central America, Mexico and Panama. The company has approximately 3,000 employees, including 2,000 in the United States and 1,000 in Latin America and the Caribbean. Crowley operates 11 ocean going Roll On /Roll Off barges, 17 additional container and Ro/Ro ships, and has approximately 42,000 containers, trailers and other equipment. The company's extensive shoreside facilities include docks and terminals, warehouses and buildings for administration. American Marine Transport, Inc., a business unit of Crowley Liner Services, has authority to provide local, over-the-road, and commercial trucking services in the 48 contiguous states. Crowley Liner Services, formerly known as Crowley American Transport, is a wholly owned subsidiary of Oakland-based Crowley Maritime Corp., founded in 1892. Visit www.crowley.com. About Descartes Descartes is a leading provider of end-to-end logistics solutions that facilitate B2B e-commerce (Business to Business Electronic-COMMERCE) Refers to one business selling to another business via the Web. See e-commerce. . Descartes' e-fulfillment software and exchange solutions enable companies to create high-speed, high-performance fulfillment networks called DeliveryNets. DeliveryNet solutions empower organizations to deliver reliable, responsive customer service in a profitable manner and to create innovative new products and services. DeliveryNet solutions leverage Descartes' Internet-based Global Logistics Network, an open, worldwide network of shippers, receivers, carriers, logistics service providers, e-marketplaces, vertical portals, and transportation exchanges. The result is a global e-fulfillment information infrastructure that provides cost savings and revenue opportunities for businesses that need to manage physical product movement. Descartes products are licensed today by more than 850 companies in 35 vertical industries in over 50 countries worldwide. For more information about Descartes, visit www.descartes.com. All registered and unregistered trademarks mentioned in this release are the property of their respective owners. This release contains statements that may relate to expected revenue from and transaction volume of Descartes customers, performance of Descartes' DeliveryNet solutions, market dynamics and other matters that may constitute forward-looking statements that involve risks and uncertainties. The Company's actual results may differ from the results discussed in the forward-looking statements as a result of factors discussed in the section entitled, "Risk Factors" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. and other securities commissions across Canada. |
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