Descartes' Multimodal Track & Trace Service Drives Improved Service and Efficiency at Cargo Express.WATERLOO, Ontario -- Global Logistics Network Service Improves Visibility to Global Shipments for Leading Logistics Services Provider and its Customers 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 )(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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 on-demand delivery management solutions and services for transportation, logistics, manufacturing, retail and distribution enterprises, today announced that Cargo Express, Inc., a leading transportation and logistics services provider, has expanded its relationship with Descartes and deployed Descartes' Multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting Track & Trace(TM) service to improve service and efficiency through better visibility to global shipments. Cargo Express specializes in providing hundreds of small and medium-sized businesses with ocean import/export services, shipment consolidation, customs brokerage services and domestic intermodal transportation for rail, truck and air. Descartes' Multimodal Track & Trace service, delivered via the Descartes Global Logistics Network(TM) (GLN Gln glutamine. ) gives Cargo Express the ability to track the current status of shipments across different transportation modes and carriers via a single interface. In addition, the service's intuitive user interface offers Cargo Express' customers self-serve access to shipment status information 24 hours per day, seven days per week over the internet. "Several other service providers approached us, but we chose to continue working with Descartes because of its innovative multimodal solution offering and the reach of the Descartes Global Logistics Network," said Joe Pfender, President of Cargo Express, Inc. "Descartes' value-added services, like Multimodal Track & Trace, leverage our existing connections to the GLN and give us the ability to cost-effectively make shipment status information easier to access for our employees and customers. This capability helps improve our productivity and customer service." Descartes' Multimodal Track & Trace service has helped to further streamline Cargo Express' operations by reducing the time its employees spend on the telephone and online gathering shipment status information from multiple transportation carriers. The service also assists in improving internal coordination between Cargo Express' corporate offices in Yardley, Pennsylvania and its agents worldwide. "The Descartes GLN enables companies like Cargo Express to efficiently connect and collaborate with trading partners across geographies and transportation modes," said Ed Ryan, Descartes' General Manager, Global Logistics Network. "Services like Multimodal Track & Trace enable our customers to gain greater value from the data exchanged via the GLN. We are excited about the opportunity to help Cargo Express and its customers improve their business performance." About Cargo Express As provider that specializes in the export and import business, Cargo Express contracts with over 15 different shipping lines and operates in 21 different countries on six continents: Asia, Europe, South America, Australia, Africa and North America. In the United States, its personalized services also extend to areas like Philadelphia, Baltimore, Detroit, Seattle and Dallas. Cargo Express is also bonded and licensed by the US Treasury Department as a customs broker Customs Broker An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities. , has an active tariff on file with the Federal Maritime Commission The Federal Maritime Commission (FMC) regulates the waterborne foreign and domestic offshore commerce of the United States; ensures that U.S. international trade is open to all nations on fair and equitable terms; and protects against unauthorized activity in the waterborne commerce of (FMC See fixed mobile convergence. ) and is licensed by the FMC as an Ocean Transportation Intermediary An Ocean Transportation Intermediary (OTI) is licensed by the Federal Maritime Commission (FMC) to be an ocean freight forwarder, a non-vessel operating common carrier (NVOCC), or an ocean freight forwarder and NVOCC. This definition is provided per the FMC. (FMC No. 14352N). About Descartes The Descartes Systems Group Inc. is a leading provider of on-demand delivery management solutions for transportation, logistics, manufacturing, retail and distribution enterprises. Descartes delivers trading partner connectivity and document exchange, route planning, wireless dispatch, rate management, inventory and asset visibility, transportation management and warehouse optimization solutions for industries such as retail, consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and , manufacturing, transportation, distribution and third-party logistics. Descartes offers solutions that can be deployed as traditional applications or as a service to help customers optimize and gain real-time control of their inventory, logistics assets and mobile workforce. Descartes solutions are used by more than 2,500 customers in over 60 countries. For more information, visit www.descartes.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This release contains forward-looking statements that relate to Descartes' product and service functionality and performance, potential benefits derived therefrom in general and by Cargo Express, Descartes' competitive position and other matters that may constitute forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes to differ materially from the anticipated results, performance or achievements implied by such forward-looking statements. Such factors include, but are not limited to, the 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. All registered and unregistered trademarks mentioned in this release are the property of their respective owners. |
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