Descartes announces acquisition of Foxtrot

Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, said this week it has acquired Foxtrot, a provider of machine learning-based mobile route execution solutions for beverage, food & e-commerce companies.   Descartes said the purchase price was roughly $4.0 million. Foxtrot’s book of business includes well-known companies like Coca-Cola, Nestle, and P&G.… Continue reading Descartes announces acquisition of Foxtrot

Descartes acquires machine-learning provider – Logistics Business® Magazine

25th April 2022 Descartes Systems Group, a global leader in uniting logistics-intensive businesses in commerce, has acquired Foxtrot, a leading provider of machine learning-based mobile route execution solutions. Foxtrot’s advanced machine learning algorithms leverage millions of data points collected from vehicles in the field, helping customers reduce last-mile costs, improve customer service and learn service… Continue reading Descartes acquires machine-learning provider – Logistics Business® Magazine

Descartes announces acquisition of NetCHB in move geared to boost customs expertise

By Jeff Berman, Group News Editor · February 11, 2022 Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, recently announced it acquired Tucson, Ariz.-based NetCHB, a provider of customs filing services in the U.S. The purchase price was $40 million, with Descartes noting that the maximum amount payable under the all-cash performance-based… Continue reading Descartes announces acquisition of NetCHB in move geared to boost customs expertise

Descartes announces acquisition of NetCHB in moved geared to boost customs expertise

By Jeff Berman, Group News Editor · February 11, 2022 Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, recently announced it acquired Tucson, Ariz.-based NetCHB, a provider of customs filing services in the U.S. The purchase price was $40 million, with Descartes noting that the maximum amount payable under the all-cash performance-based… Continue reading Descartes announces acquisition of NetCHB in moved geared to boost customs expertise