The Descartes Systems Group ( (TSE:DSG) ) just unveiled an announcement.
Descartes Systems Group announced that Skypace, an international freight forwarder, is utilizing the Descartes Global Price Management solution to enhance the speed and accuracy of its freight bookings. This integration has significantly reduced rate processing times by 85% and improved pricing accuracy, leading to increased customer satisfaction and operational efficiency. The solution enables Skypace to process over 20,000 freight quotes per hour, providing real-time rate visibility and transforming traditional rate management processes.
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 solutions assist in routing, tracking, and improving the safety and compliance of delivery resources, as well as managing various logistics processes through a collaborative multimodal logistics community. The company is headquartered in Waterloo, Ontario, Canada, with a global presence.
YTD Price Performance: -11.68%
Average Trading Volume: 289,351
Technical Sentiment Signal: Hold
Current Market Cap: $8.59B
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