CHICAGO, Sept. 22, 2009 (GLOBE NEWSWIRE) -- CSCMP Annual Conference -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), a federated global network logistics solutions provider, announced the launch of its Global Filer initiative designed to help logistics operations address their global customs filing requirements for freight.
As governments around the world roll-out additional security-related initiatives that reach deeper and deeper into the supply chain, supply chain participants are increasingly looking to minimize their customs compliance costs, complexities and risks. With relevant supply chain participants that include carriers, freight forwarders, customs brokers, logistics intermediaries, shippers and government agencies, the number of electronic connections, amount of information and precise timing of its collection to meet regulatory requirements is complex.
Descartes' Global Filer initiative is designed to further the development of network-based solutions to address these complexities. The initiative focuses on a single dashboard, portal-based framework that enables collaboration between multiple parties to address customs filing requirements across modes of transport in countries as they are mandated, while minimizing duplicate data submissions or re-keying. Relevant functionality encompassed by the initiative includes filing, filing status updates, exception management and reporting. With event management capabilities built in, organizations can build their own customized checks and balances that will keep them compliant.
The Descartes Global Filer initiative is been undertaken with the oversight of the Descartes' Global Customs Filing Working Group, a subset of Descartes customers committed to finding electronic ways to reduce customs filing complexities and costs, while preserving shipping velocity. The Descartes Global Filer initiative also leverages Descartes' advanced shipment manifest customs filing expertise using its Global Logistics Network -- a multimodal network of transportation providers and their customers that facilitates the interchange of logistics information and provides services that leverage that information. The Descartes GLN helps companies better manage their logistics book-to-bill process, track inventory, meet regulatory requirements, optimize fleet performance, and effectively communicate with their logistics partners.
"The dynamics of international trade are dramatically changing. Global customs initiatives are spurring an ongoing wave of customs compliance mandates that impact every mode of transportation and every participant in the global supply chain," said Jonathan Wasserman, Senior Vice President, Global Trade and Compliance Solutions at Descartes. "Network-centric systems are a logical solution for handling these new multi-party processes. With our experience with security filings in the U.S., Canada, Mexico and other countries in Central and South America, we look forward to working with our customers to design solutions that streamline the customs filing process."
For more information about Descartes' global filer initiative, its federated platform, its other value-added logistics solutions, the customers announced this week or more about 'The State of Things United' join Descartes in Chicago at CSCMP at one or more of the following events:
* Tuesday, September 22 7:00am - 7:45am, Descartes Press Conference Breakfast Meeting, Hyatt Regency McCormick Place, Regency D or via a teleconference using designated numbers 800-895-5087 for North America or +1 212-231-2929 for international or via an audio web cast on the Descartes Web site at www.descartes.com/company/investors. * Tuesday, September 22 10:00am - 11:30am, presentation by Art Mesher, CEO, Descartes Systems Group "The State of Things United - The Next Big Thing" McCormick Place, West Building, Room 187C * Tuesday, September 22 5:15pm - 7:00pm Networking Reception, Sponsored by Descartes, McCormick Place, West Building, Skyline Ballroom
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX) is making the world a better place by enabling global organizations with logistics-intensive businesses to save money by improving the productivity and performance of their operations. Underlying Descartes' offerings is the Descartes Global Logistics Network (GLN), one of the world's most extensive multi-modal business applications network. As a federated platform, the Descartes GLN combines with component-based 'nano' sized applications to provide messaging services between logistics trading partners, shipment management services to help manage third party carriers and private fleet management services for organizations of all sizes. Descartes' solutions and services deliver results by enabling organizations around the world to reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven; improve pickup and delivery reliability; and optimize working capital through fleet visibility. Descartes' hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes customers include an estimated 1,600 ground carriers and more than 90 airlines, 30 ocean carriers, 900 freight forwarders and third-party providers of logistics services, and hundreds of manufacturers, retailers, distributors, private fleet owners and regulatory agencies. The company has more than 450 employees and is based in Waterloo, Ontario, with operations in Atlanta, Pittsburgh, Ottawa, Montreal, Miami, Minneapolis, Washington DC, Derby, London, Stockholm, Shanghai, and Toronto. For more information, visit www.descartes.com.
The Descartes Systems Group logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4065
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; Descartes' Global Filer initiative; 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. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. 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.