The latest update is out from The Descartes Systems Group ( (TSE:DSG) ).
The Descartes Systems Group announced that Lane One Transport, a Texas-based freight brokerage leader, is automating its carrier communication and qualification processes using Parade CoDriver, an AI-powered solution integrated with Descartes’ Aljex transportation management system and MyCarrierPortal. This integration allows Lane One to enhance load coverage, gain pricing insights, and reduce carrier fraud risk by automating traditionally manual processes, thus improving operational efficiency and decision-making in carrier engagement.
More about The Descartes Systems Group
Descartes Systems Group is a global leader in providing on-demand, software-as-a-service solutions aimed at enhancing the productivity, security, and sustainability of logistics-intensive businesses. Their modular solutions are used for routing, tracking, and improving the safety and compliance of delivery resources, among other logistics processes. The company is headquartered in Waterloo, Ontario, Canada, with a global presence.
YTD Price Performance: -8.36%
Average Trading Volume: 296,366
Technical Sentiment Signal: Sell
Current Market Cap: $8.76B
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