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Descartes Systems Group Inc (The)
Symbol DSG
Shares Issued 75,477,992
Close 2015-02-11 C$ 19.00
Market Cap C$ 1,434,081,848
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Descartes provides global logistics network to CDM

2015-02-12 06:49 ET - News Release

Mr. Scott Sangster reports

CDM SOFTWARE ADOPTS DESCARTES' GLOBAL LOGISTICS NETWORK(TM) TO OFFER COMPREHENSIVE AIR CARGO CONNECTIVITY AND MESSAGING SERVICES

CDM Software Solutions, a provider of cloud-based operations and asset-tracking software for freight forwarders, export packers, exporters and other logistics services providers, is using Descartes Systems Group Inc.'s global logistics network to provide its customers comprehensive air cargo connectivity and messaging services.

"The ability to electronically exchange air waybills, house bills and status messages enables our customers to further automate and streamline processes, meet expanding carrier electronic communications requirements, increase visibility, and improve performance. Customers benefit from simple and fast activation on Descartes's GLN from CDM Software Solutions' e-commerce-friendly software platform," said Darrell Ortiz, chief executive officer and founder of CDM. "Descartes's GLN also provides our users with connectivity to air carriers around the globe to help them meet IATA's electronic air waybill (e-AWB) initiative. Developed in collaboration with stakeholders across the air cargo industry, e-AWB aims to eliminate the majority of paper-based air waybills by 2016."

Descartes's GLN is an industry-leading solution for multimodal, inter-enterprise electronic data exchange. CDM is able to seamlessly connect its customers to the GLN and offer them value-added services to:

  • Standardize and automate air cargo and freight management operations;
  • Provide real-time shipment status monitoring;
  • Improve service by transmitting accurate and timely tracking updates to customers;
  • Meet global trade requirements;
  • Reduce transportation costs by minimizing carrier charges for security and documentation services;
  • Participate in key air cargo industry initiatives, including eFreight and Cargo2000.

"We're pleased to partner with technology providers, like CDM Software, to augment their air cargo connectivity capabilities to better serve customers," said Scott Sangster, vice-president, global logistics network, at Descartes. "Today, the electronic movement of data between logistics parties can be as important as the physical movement of cargo itself. Using air cargo connectivity solutions, such as the GLN, enables more reliable planning and delivery of air cargo."

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