SELSCS Grows Freight Brokerage with Descartes’ Transportation Management, Freight Visibility and Capacity Sourcing Solution

Rhea-AI Summary

Descartes Systems Group (Nasdaq: DSGX) announced that SEL Supply Chain Solutions (SELSCS) is leveraging its cloud-based Descartes Aljex™ transportation management system to enhance freight brokerage operations. This integrated solution has enabled SELSCS to achieve nearly four-fold revenue growth and reduced staff workload by 25%, allowing for faster load bookings. SELSCS reports a 10% decrease in freight costs due to data-driven decision-making. The Descartes solution automates key processes, providing real-time load tracking and operational efficiencies, which are critical in an environment marked by economic pressures.

Positive

• SELSCS experienced nearly four-fold revenue growth since implementing Descartes solutions.
• Reduction of approximately 25% in daily routine tasks for brokerage staff.
• 10% savings in freight costs attributed to improved data-driven decision-making.
• Enhanced operational efficiency through automation of freight brokerage processes.

Negative

• None.

ATLANTA and LONDON, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Fort Worth, Texas-based SEL Supply Chain Solutions (SELSCS) is using Descartes to digitize its freight brokerage operations. SELSCS is supporting its extensive growth using the cloud-based Descartes Aljex™ transportation management system (TMS), seamlessly integrated with Descartes MacroPoint™ for real-time freight visibility, load tracking and automated capacity sourcing.

“The integrated Descartes solution has been instrumental to driving our rapid growth across North America,” said Dennis Martin, President and Chief Entrepreneur Officer at SELSCS. “We simplified and streamlined our transportation workflows, gained complete control and visibility for every load, and are booking loads faster with artificial intelligence-driven capacity matching. We grew revenue almost four times since starting our use of the solution. Our brokerage staff spends about 25% less time on daily routine tasks and we saved approximately 10% in freight costs thanks to data-driven decision making.”

Descartes Aljex automates and streamlines daily freight broker operations to boost efficiency, including order entry, lane rate comparison, load coverage, rate confirmation, carrier acceptance, dispatching and carrier communications. It allows brokerages of all sizes to securely access freight and transportation management data from anywhere. Integration with Descartes MacroPoint provides seamless real-time load tracking, which not only reduces time-consuming carrier communication like check calls and emails, but also helps brokers forecast future needs to mitigate any potential transportation risk or disruption. By unlocking previously trapped freight capacity using advanced visualization and analytical capabilities, freight brokers can cover more loads, build stronger carrier relationships, and reduce costs.

“We’re pleased our combined solution helps freight brokers, like SELSCS, to scale easily and reduce operating costs while enhancing and expanding carrier and customer relationships for sustained growth,” said Dan Cicerchi, General Manager, Transportation Management at Descartes. “With challenges today such as high inflation, unpredictable shipment volumes and ongoing supply chain disruptions, it’s crucial for freight brokers to be able to leverage solutions that help contain costs, streamline operations, increase service levels, and create competitive differentiation.”

About SELSCS
SEL (Serving Entrepreneurs in Logistics) Supply Chain Solutions based in Fort Worth, Texas, is a top 100 logistics company offering over the road transportation solutions in the U.S., Canada and Mexico. SELSCS operates its business through a network of independent business owners and provides the back-office functions to Service Entrepreneurs in Logistics. Combined, its entrepreneurs have hundreds of years of experience in the Transportation and Logistics space. Its main modes of transportation include Truckload, Refrigerated, Flatbed, Over-sized, Drayage, and Intermodal service. Find SELSCS online at www.selscs.com.

About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

Global Media Contact
Cara Strohack                                                                     
Tel: +1(800) 419-8495 ext. 202025                                 
cstrohack@descartes.com  

Cautionary Statement Regarding Forward-Looking Statements
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, 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 including Descartes’ most recently filed management’s discussion and analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. 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, except as required by law.

FAQ

What is the announcement from Descartes Systems Group on February 22, 2023 regarding SEL Supply Chain Solutions?

Descartes Systems Group announced that SEL Supply Chain Solutions is utilizing its Descartes Aljex transportation management system to optimize freight brokerage operations.

How has SEL Supply Chain Solutions benefited from Descartes technology?

SELSCS reports nearly four-fold revenue growth, a 25% reduction in staff workload, and a 10% decrease in freight costs since using Descartes solutions.

What are the key features of the Descartes Aljex system?

Descartes Aljex automates freight brokerage tasks, providing real-time load tracking, efficient communication, and advanced data analytics.

What stock symbol does Descartes Systems Group operate under?

Descartes Systems Group trades under the stock symbol DSGX.