Panalpina Chooses Descartes as a Preferred Provider of Global Air Cargo Messaging Services.
The Descartes Systems Group Inc. (NASDAQ:DSGX)(TSX:DSG), a leading provider of on-demand delivery management solutions and services for transportation, logistics, manufacturing, retail distribution and service provider enterprises, announced that Panalpina, one of the world's top freight transport and logistics companies, has chosen Descartes as a preferred provider of global air cargo messaging services.
Descartes' Global Logistics Network(TM) (GLN) helps Panalpina manage air cargo by linking Panalpina to more than 70 air carriers. Descartes Logiman(TM) and Descartes Messaging Quality Monitor(TM), two logistics messaging services available over the GLN, enable Panalpina to exchange shipment booking and status information with air carriers, monitor the status of those shipments, and analyze delivery performance by air carriers. With the help of these Descartes GLN services, Panalpina is able to improve its own customer service and operational efficiency by having accurate and current delivery status and air carrier performance information.
"Descartes' GLN offers us the ability to exchange logistics messages with more airlines than any other provider," said Peter Baumgartner, vice president, Panalpina Air Freight Division. "The GLN's robust air-specific messaging services are helping Panalpina be more efficient and reduce costs by substantially increasing the number of automatic shipment status updates received in Pantrace, the proprietary tracking system we offer our customers. More automatic updates means less manual information gathering, resulting in more accurate and timely information delivery to our customers. We can also send electronic air shipment information to many more air carriers through Descartes which, in turn, helps those air carriers improve their own delivery processes for the benefit of our customers."
"We are pleased to add Panalpina to the growing list of global freight-forwarders using the Global Logistics Network to communicate with transportation providers in various modes of transportation," said Edward Ryan, general manager of the Descartes GLN. "The information we collect for Panalpina helps them provide a better service to their customers and save money at the same time. We are proud to be a part of this successful initiative."
About the Global Logistics Network
The Descartes Global Logistics Network, one of the world's largest multimodal networks of transportation providers, logistics services providers (LSPs), and their customers, facilitates the exchange of logistics information and provides services that leverage that information. Services available on the GLN help transportation providers and LSPs better manage their book-to-bill process, optimize fleet performance, and effectively communicate with their logistics partners.
Panalpina is one of the world's leading providers of forwarding and logistics services, specializing in intercontinental air freight and ocean freight shipments and associated supply chain management solutions. Thanks to its in-depth industry knowledge and state-of-the-art IT systems, Panalpina is able to provide globally integrated, door-to-door forwarding solutions tailored to its customers' individual needs.
The Panalpina Group operates a network of some 500 branches in 80 countries. In a further 60 countries, Panalpina Group cooperates closely with selected partners. Panalpina Group employs some 13,000 people worldwide.
The Descartes Systems Group Inc. is a leading provider of on-demand delivery management solutions for transportation, logistics, manufacturing, retail, 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, 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.
This release contains forward-looking statements that relate to Descartes' product and service functionality and performance, potential benefits derived therefrom in general and by Panalpina, 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 sections entitled, "Risk Factors" and "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada.
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