WATERLOO, Ontario, Nov. 18, 2010 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) announced that Triumph Express Services Canada selected Descartes Rate Builder, a web-based rate management solution, to help manage its ocean rates.
Descartes Rate Builder helps freight forwarders manage their core businesses more effectively by minimizing internal resources needed to update ocean rates. The solution helps manage the many aspects of ocean rates, from complex rate calculations for door-to-door moves, to managing contracts, tariffs and quotes across the organization through a dynamic web interface.
Descartes Rate Builder not only helps Triumph manage its ocean rates, but also provides a visibility platform to ensure that the sales force, operations team and overseas partners are able to access up-to-date rates, consistent pricing information across the organization.
"In order to keep up with the constantly changing rates from the ocean carriers, we previously had to spend a tremendous amount of resources to keep rates up-to-date for the sales force. The process was inefficient and a resource drain," said Eddie Rei, President of Triumph Express Services Canada. "By working with Descartes Rate Builder, this process is now automated and we can now collaborate in real-time with our sales teams, customers and partners to offer the most cost effective and efficient ways to ship freight."
"Descartes Rate Builder gives forwarders, like Triumph, the ability to centralize and automate their rate management processes into a single, global system that can optimize and effectively leverage rate information to improve productivity, profitability and customer service," said Cindy Yamamoto, Senior Vice President of Supply Chain Execution at Descartes. "This type of efficiency makes a difference, not just in the bottom line, but in relationships with customers."
Descartes Rate Builder is an on-demand solution that helps carriers manage global rates, contracts and rate agreements more efficiently and meet regulatory obligations. Descartes Rate Builder uses the power of the Internet to enable companies to create, revise, store and distribute rates. Once they are generated, Descartes Rate Builder stores rates in a central database with controlled access privileges. It also maintains strict version control and clearly notes changes between versions.
Descartes Rate Builder is part of the federated Descartes Global Logistics Network™ (GLN), which enables the world's leading transportation providers to connect to their trading partners and reliably exchange information to drive delivery performance and high levels of customer satisfaction. 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.
About Triumph Express Services Canada
With networks in Asia, Europe, North America and Oceania Triumph Express is able to help their customers satisfy their international transportation needs. Hard work and dedication is the key to any successful business, and at Triumph Express their mission is to satisfy their customers' every need. Triumph provides, for both importers and exporters, a complete consultation and management services for international transport, by air and by sea. For more information, visit www.triumph.ca
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX) is the premier provider of Global Trade Compliance, Supply Chain Execution and Mobile Resource Management services. Descartes' Global Logistics Network (GLN) unites global businesses and trading partners, allowing them to collaborate in a cost effective way and maximize productivity and efficiency. Trading partners that connect to the GLN join Descartes' Federated Network, the world's most extensive multi-modal business network with over 35,000 trading partners connected, including ground carriers, airlines, ocean carriers, freight forwarders, third-party providers of logistics services customs house brokers, freight payment agencies, manufacturers, retailers, distributors, mobile services providers and regulatory agencies. Descartes is headquartered in Waterloo, Ontario, Canada and has offices in North America, EMEA and Asia-Pacific. More information and industry updates are available at http://www.descartes.com and http://blog.descartes.com.
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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, changes in the structure or deployment of compliance initiatives and 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.