Logistics network
This software connects shippers, carriers, freight brokers, and customs systems so they can exchange shipment data, track freight, and manage documents across borders and transport modes.
Customers and revenue model
Descartes Systems Group Inc
F:DC2
Descartes Systems Group Inc
F:DC2
Price:
84.6
EUR
1.5%
Market Cap:
€7.2B
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Company Overview
Business Description
- Sector
- Information Technology
- Industry
- Technology
- Headquarters
- Canada CA
- Employees
- 2 384
- IPO date
- Jan 21, 1998
Descartes Systems Group sells software that helps companies move goods and handle the paperwork around shipping. Its tools are used for route planning, shipment tracking, warehouse and fleet coordination, customs filing, and trade compliance. The company serves shippers, carriers, freight forwarders, customs brokers, retailers, manufacturers, and other businesses that depend on complex logistics.
Descartes makes money mainly by charging subscription fees for its software and by collecting usage-based fees for access to its logistics and customs network. That network connects trading partners and government systems so customers can exchange shipping data and clear cross-border shipments more efficiently. Because its products sit in the middle of day-to-day shipping operations, they tend to be hard to replace once a customer adopts them.
What sets Descartes apart is that it is not just a generic business software vendor. It focuses on the operational backbone of global trade: moving parcels, freight, and customs information from one party to the next. That makes it especially relevant to companies that need to keep goods moving across warehouses, borders, and delivery networks with fewer delays and less manual work.
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