Fracht Uses Descartes' Broker and Forwarder Solution to Streamline Complex International Operations
WATERLOO, Ontario, 2015-11-05 12:45 CET (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that logistics service provider Fracht is streamlining international shipment management, customs clearance, and customer and carrier connectivity with the Descartes OneView™ solution suite and the Descartes Global Logistics Network™ (Descartes GLN™).
"We strive to deliver innovative, tailor-made logistics solutions that add business value for our growing worldwide customer base," said Armin Frey, VP IT, Sales and Marketing at Fracht. "Descartes provides the integrated technology platform and domain expertise to help us simplify and better manage shipment and compliance processes. We're more productive because we've automated the data exchange between us, our customers, and the air and ocean carriers we use. Today, all parties benefit from the seamless flow of information, improved efficiency, and reduced opportunity for human error made possible by Descartes."
Descartes OneView™ Forwarder Enterprise helps logistics services providers, like Fracht, efficiently manage complex transportation and financial processes for inbound and outbound shipments across modes. Combined with the Descartes OneView™ Customs House Brokerage solution, customers can also manage customs entries and electronic cargo security filings to U.S. Customs and Border Protection (CBP). The Descartes GLN is an industry standard for multimodal, inter-enterprise electronic data and document exchange, and provides users with connectivity to customers, trading partners and transportation carriers.
"We're pleased to help Fracht keep its customers' goods moving across borders as efficiently and cost effectively as possible." said George Manolis, Vice President of OneView Operations at Descartes Systems Group. "With Descartes, freight forwarders, customs brokers and other logistics intermediaries can run smarter operations with integrated modular solutions and real-time information exchange across the entire shipment lifecycle through a single interface."
About Fracht USA
With a global network of more than 300 offices, Fracht USA provides full logistics and transportation services for multiple industries with domestic and international operations be it by road, air, sea, or rail. From small projects requiring fast and simple industrial transport solutions to larger logistic projects requiring sophisticated preparation and careful implementation, Fracht USA offers the most-efficient and competitive transport solutions worldwide. Over the years, Fracht's global network has continued to expand through acquisitions, mergers and partnerships, enabling the company to establish its presence in strategic geographical locations all over the world. Whether you need to move a hydroelectric power plant from Germany to Chile, ship a Tiffany lamp to Paris, import electronics from the Far East, or move textiles from India to Italy, you can count on the efficiency and expertise of Fracht's international network. For more information, visit WWW.FRACHTUSA.COM.
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.
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; and other matters. 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. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
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