Latest news with #PackageRoute
Yahoo
21-06-2025
- Business
- Yahoo
Descartes Systems acquires PackageRoute for $2M
Descartes Systems (DSGX) announced that it has acquired PackageRoute, a provider of final-mile carrier solutions that offers a mobile and web-based platform that provides real-time visibility into package deliveries, route optimization, and fleet management. 'PackageRoute works primarily with subcontracted delivery service providers working as agents for larger carriers. We believe PackageRoute customers can get substantial value from our integrated Descartes GroundCloud routing, safety and compliance solutions,' said James Wee, General Manager of Routing, Mobile and Telematics at Descartes. PackageRoute is headquartered in Sammamish, WA. Descartes acquired PackageRoute for approximately $2M, satisfied from cash on hand, the company noted. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on DSGX: Disclaimer & DisclosureReport an Issue Descartes Systems Group Announces Shareholder Meeting Results Descartes Systems Group Reports Strong Shareholder Support at Annual Meeting Descartes Systems Group Reports Strong Q1 Earnings Descartes Systems price target lowered to $126 from $130 at RBC Capital Balanced Hold Rating for Descartes Systems Group Amid Revenue Miss and High Valuation Concerns
CTV News
19-06-2025
- Business
- CTV News
Descartes Systems Group acquires PackageRoute for about US$2 million
The logo of Descartes Systems Group is shown. THE CANADIAN PRESS/HO-Descartes Systems Group *MANDATORY CREDIT* TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. --- This report by The Canadian Press was first published June 19, 2025.
Hamilton Spectator
19-06-2025
- Business
- Hamilton Spectator
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO - Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG)
Winnipeg Free Press
19-06-2025
- Business
- Winnipeg Free Press
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO – Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG)
Yahoo
19-06-2025
- Business
- Yahoo
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG) The Canadian Press
