WATERLOO, Ontario, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX: DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that, as part of its Software Development Cooperation Agreement (SCDA) with SAP, it has successfully integrated air and ocean transportation freight messaging and customs declaration filing with SAP® Transportation Management (SAP TM). The integration helps customers using the SAP TM application to streamline the international shipment of goods, better collaborate with their transportation partners, and comply with import and export filing requirements.
"Descartes shares with SAP the vision that connecting and collaborating in the supply chain enables more efficient and reliable transportation operations," said Edward J. Ryan, CEO at Descartes. "We're pleased to have worked with SAP to create an integrated solution that can help customers better manage their international shipments."
The Descartes Global Logistics NetworkTM (Descartes GLN™) helps enable manufacturers, retailers, distributors, freight forwarders and other logistics services providers to connect and collaborate with their air and ocean carriers. Companies can seamlessly book, track and receive freight invoices through the Descartes GLN. In addition, the Descartes GLN supports commercial, customs and product information messaging essential to global operations. With its real-time capabilities, the Descartes GLN allows solutions, such as SAP TM, to proactively manage international shipments and carrier relationships.
"Transportation management is a multi-party process, and our work with Descartes helps customers running SAP TM to more efficiently and effectively execute cargo bookings, send waybill information, track shipments and file customs documents with carriers, logistics service providers and regulatory agencies," said Franz Hero, senior vice president, Supply Chain & Logistics Development at SAP. "We decided to collaborate with Descartes because of their expertise in multi-modal transportation messaging and customs filing. This integration gives our customers access to the breadth of air and ocean logistics services providers, carriers and regulatory agencies that exist on the Descartes GLN."
Descartes' customs filing solutions support the declaration processes for importing and exporting goods for many countries around the word. These solutions not only electronically connect to government agencies, but provide the validation, augmentation and filing status services to help ensure that documents are correct and their status is known. In addition to declaration filing, Descartes also provides security filing solutions to allow goods to move efficiently across borders. The customs filing integration with SAP TM allows execution of international shipments and streamlines compliance with regulatory filing requirements.
About Descartes Systems Group
Descartes (Nasdaq: DSGX) (TSX: DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.
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Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom as well as the potential benefits and opportunities that may arise as a result of an integration of certain offerings of Descartes with the offerings of other parties. In particular Descartes has no assurance that any relationship with any such third party will continue for any fixed period of time or that it will result in any meaningful business opportunity. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "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 including Descartes most recently filed management's discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially.
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