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Descartes Company Profile

Descartes 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. Descartes’ B2B network, the Global Logistics Network, integrates more than 35,000 trading partners to our cloud-based Logistics Technology Platform to unite their businesses in commerce.

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Descartes
120 Randall Drive
Waterloo, Ontario, N2V 1C6
Canada
1 (519) 746-8110
1 (800) 419-8495
1 (519) 747-0082
[email protected]



Descartes News & Resources

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How Supply Chains Are Solving Severe Workplace Shortages
A survey from Descartes found that 54% of supply chain and logistics companies are attempting to automate tasks as a way to improve worker productivity and address labor shortages.

Descartes March Global Shipping Report highlights ongoing steady volume momentum
From February to March, the report observed that U.S.-bound container import volumes eked out a 0.4% increase, to 2,145,341 twenty-foot equivalent units (TEU), while posting a 15.7% annual gain, ahead of pre-pandemic 2019 by 20.6%. Descartes explained that the timing of the week-long Lunar New Year in Asia, which commenced on February 11 may have held import growth back, as the subsequent impact on U.S. import numbers was not realized until the last two weeks of March.

Descartes announces acquisition of OCR Services Inc.
The acquisition train keeps rolling on for Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings. The company recently announced it has acquired Rockville, Md.-based OCR Services Inc, a provider of global trade compliance solutions and content, for roughly $90 million. This represents the 30th acquisition Descartes has made going back to 2015.

Descartes Systems Acquires OCR Services For $90 Million
Descartes Systems Group has acquired OCR Services for $90 million, enhancing its global trade compliance solutions.

Descartes March Global Shipping Report sees mixed import readings
From January to February, Descartes reported that U.S.-bound container import volumes fell 6%, to 2,137,724 twenty-foot equivalent units (TEU), compared to January and were up 23.3%

February Descartes Global Shipping Report highlights solid annual and sequential import growth
From December to January, Descartes reported that U.S.-bound container import volumes rose 7.9%, to 2,273,125 TEU (Twenty-Foot Equivalent Units). And on an annual basis, it found that January volumes were up 9.9%, while posting a 9.6% increase compared to pre-pandemic 2019’s 2,036,393 TEU tally. What’s more, the report noted that the 7.9% sequential increase, from December to January, marked its biggest gain for that period over the last seven years.

Managers, Analysts are the Most Needed Jobs in Supply Chain
More than three-quarters of supply chain operations say they are still facing a workforce shortage, with managers and analysts most in need.

Descartes’ December Global Shipping Report highlights modest U.S.-bound import growth
From November to December, Descartes reported that U.S.-bound container import volumes eked out 0.4% increase, to 2,107,012 TEU (Twenty-Foot Equivalent Units), topping December 2022’s 1,929,032 TEU tally by 9.2% and was up 10.6% compared to pre-pandemic December 2019’s 1,904,828 TEU.

Descartes’ December Global Shipping Report points to declines in U.S.-bound imports
From October to November, Descartes reported that U.S.-bound container import volumes fell 9%, to 2,099,408 TEU (Twenty-Foot Equivalent Units), which the company observed is consistent with late-in-the-year declines seen in recent years. For the same period, from 2019 through 2022, volumes were down 8.2%, 8.3%, 5.0%, and 12.0%, respectively.

Descartes’ October Global Shipping Report points to above pre-pandemic volumes
From September to October, Descartes reported that U.S.-bound container import volumes increased 4.7%, coming in at 2,307,918 Twenty-Foot Equivalent Units (TEU), which it said was inconsistent with the Peak Season decline that traditionally starts in the August timeframe, while rising 3.9% annually.

September U.S.-bound imports buck seasonal trend, with a slight gain over August, reports Descartes
From August to September, Descartes reported that U.S.-bound container import volumes saw a 0.3% increase, coming in at 2,203,452 TEU (Twenty-Foot Equivalent Units), which the report observed differs from the decline that typically occurs over the last third of the calendar year.

New Descartes’ report shows slight import gains, from July to August
From July to August, Descartes reported that U.S.-bound container import volumes eked out a 0.4% annual increase, coming in at 2,196,268 TEU (Twenty-Foot Equivalent Units), while posting a 13.2% annual decline and up 2.5% compared to pre-pandemic August 2019. And on a year-to-date basis through August, imports are down 2.1% compared to the same period in 2019.

August edition of Descartes’ Global Shipping Report shows signs of supply chain normalization
From June to July, Descartes reported that U.S.-bound container import volumes saw a 5.1% increase, to 2,187,810 TEU (Twenty-Foot Equivalent Units), which it said is consistent with import gains seen in non-pandemic years, for Peak Season.

U.S. June imports see mild declines but are ahead of 2019 levels, reports Descartes
From May to June, Descartes reported that U.S.-bound container import volumes were off 0.7%. coming in at 2,081,793 TEU (Twenty-Foot Equivalent Units), while falling 16.1% compared to June 2022 and rising 6.0% compared to June 2019, prior to the onset of the pandemic. What’s more, the 0.7% May to June decrease represents the lowest decrease for that period going back to 2017.

Descartes May Global Shipping Report sees sees decent sequential traction despite volume declines
On an annual basis, May U.S. container import volumes saw a 3.8% increase, from April to May, coming in at 2,097,813 TEU (Twenty-Foot Equivalent Units) and were down 20.0% annually while seeing a 0.5% annual increase when compared to pre-pandemic May 2019. What’s more, Descartes observed that through the first five months of 2023, with a 1.3% difference for the same period in each year.





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