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.
CONTACT: Global Media Contact
Tel: +1(800) 419-8495 ext. 202416
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Brookfield and GLP Establish Partnership to Pursue Rooftop Solar Opportunities in China21.3.2018 09:00 | Pressemelding
All amounts in U.S. dollars unless otherwise stated GLP and Brookfield establish 50:50 joint venture to develop and operate rooftop solar projects on logistics and commercial rooftops in China Partnership intends to become the largest rooftop solar power provider in China Expected to develop and operate capacity of 300 megawatts over the next three years, with a broader 1 gigawatt development pipeline - equivalent to the annual consumption of approximately 750,000 households SHANGHAI, China and NEW YORK, March 21, 2018 (GLOBE NEWSWIRE) -- GLP, the leading global provider of modern logistics and industrial facilities and technology-led solutions, and Brookfield Asset Management (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA), a leading global alternative asset manager, today announced the formation of a 50:50 joint venture dedicated to building a leading platform for distributed solar energy on logistics and commercial rooftops in China. The joint venture, by affiliates of GLP and Brookfield, in
LCM Partners and Brookfield Asset Management enter into strategic partnership21.3.2018 08:30 | Pressemelding
LONDON and TORONTO, March 21, 2018 (GLOBE NEWSWIRE) -- LCM Partners ("LCM"), a European alternative credit investment manager, announces that it has entered into a strategic partnership with Brookfield Asset Management Inc. (TSX:BAM.A) (NYSE:BAM) (Euronext:BAMA) ("Brookfield"), a leading global alternative asset manager, aimed at jointly growing LCM's leading asset management and credit servicing business globally. Under the terms of the agreement, Brookfield will acquire a 25% strategic interest in Link Financial Group, which comprises both LCM and its sister companies which operate a pan-European loan servicing platform under the Link Financial brand, with an option to acquire another 24.9% interest over time. Link Financial Group was established in the UK in 1998 and has since grown across 10 European offices to become a leading alternative investment manager focussed on credit, and specialised in investing in and servicing consumer, SME, auto, leasing and commercial loans. The firm
VPN.com Puts Netflix CEO Reed Hastings on Notice About Security Risks & VPN Ban21.3.2018 08:00 | Pressemelding
ATLANTA and SAN FRANCISCO, March 21, 2018 (GLOBE NEWSWIRE) -- VPN.com CEO, Michael Gargiulo, is taking the fight to Netflix, Inc. CEO, Reed Hastings, on behalf of 120 million Netflix subscribers worldwide who cannot securely access the service with a Virtual Private Network (VPN). "I wrote this letter because Netflix subscribers are unable to securely connect to the platform they're paying to access," explains Gargiulo. "This comes after Netflix decided to ban VPN connectivity to its platform altogether in 2016, citing copyright concerns from content providers like Sony Corporation, 21st Century Fox, Inc. and NBCUniversal, Inc." Currently, the VPN ban at Netflix forces users to choose between their online security and entertainment. With a large portion of customers connecting via public WiFi-including any of the estimated 500 million hotpots found in coffee shops, airports and hotels worldwide-the liability is omnipresent. "This is a huge problem for Netflix that is coming to a head,"
Boyden Focuses on Expansion in Nordic Region21.3.2018 06:01 | Pressemelding
Premier leadership solutions and talent advisory firm's growth in the Nordics and Northern Europe attracts next generation partners and investment to the region COPENHAGEN, Denmark, March 21, 2018 (GLOBE NEWSWIRE) -- Boyden, a premier global leadership and talent advisory firm with more than 65 offices in over 40 countries, today is announcing transitional changes to its team in Denmark effective 1 July, 2018. Boyden's offices in Sweden, Finland and Norway have experienced significant growth recently, and in support of this growth, Boyden anticipates sharing news on an expansion to the capabilities and expertise in the firm's Denmark office in the near future. "Our clients in the region have come to expect our world-class talent advisory and leadership expertise to help them achieve their growth objectives," said Katarina Brixéus, a Managing Partner of Boyden Sweden. She added, "We will continue to expand our on-the-ground capabilities to meet the aggressive goals of our clients in the
Intesa Sanpaolo, Iberdrola, and Ryanair Among Big Winners on Institutional Investor's 2018 All-Europe Executive Team Rankings21.3.2018 06:00 | Pressemelding
NEW YORK, March 21, 2018 (GLOBE NEWSWIRE) -- Airbus (France), Lonza Group (Switzerland), Nestlé (Switzerland), Allianz (Germany), Subsea 7 (United Kingdom), ASML Holding (Netherlands), Ryanair Holdings (Ireland) - swept their respective sectors, ranking first across the CEO, CFO, and investor relations categories. More than 2,400 buy-side analysts, asset managers, and sell-side researchers at over 800 firms named the best chief executives, top CFOs, investor relations professionals, and investor relations companies across 31 business sectors. Buy-side analysts, money managers and sell-side researchers at securities firms and financial institutions that cover the region identified up to four companies that excel in up to seven investor relations attributes including: Senior executives are accessible IR team is well informed and empowered to speak authoritatively on the company's behalf Timely and appropriate level of financial disclosure Responds quickly and thoroughly to requests Most
Orion Biotechnology Canada Announces Closing of $5 Million Financing20.3.2018 22:03 | Pressemelding
OTTAWA, March 20, 2018 (GLOBE NEWSWIRE) -- Orion Biotechnology Canada Ltd today announced it has completed a US$5 million private placement financing late last year. "We are delighted to have secured the financial resources during this period of rapid expansion," said Mark Groper, President and Chief Executive Officer. "This financing allows Orion, as a private company, to continue development of its expanding pipeline of innovative products, including expansion of our infrastructure and human resources. It also provides external validation of the unique value proposition of the company's pipeline products which include candidates in the areas of Sexual Health, Oncology and Multiple Sclerosis. Orion is a research and development organization committed to developing novel approaches to address serious health issues. A prime example of this is the company's microbicide candidate, OB-001, which is being evaluated as a contraceptive gel which also prevents the transmission of HIV. "This is
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom