English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

Descartes buys Computer Mangement

PRESS RELEASE

April 01, 2014: Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, acquired Computer Management USA, a leading US-based provider of security filing solutions and air cargo management solutions for airlines and their partners.

Computer Management's solutions help air carriers to improve operational efficiency and streamline security filing and customs clearance processes, directly and through coordination with ground handlers and container freight stations. The air cargo community is challenged by a rapidly evolving global regulatory environment where customs authorities around the world continue to implement mandates designed to improve security. Recent examples include U.S. Customs and Border Protection's (CBP) Air Cargo Advanced Screening Initiative (ACAS), the European Union's Import Control System (ICS) and Preloading Consignment Information for Secure Entry (PRECISE), Canada Border Services Agency's (CBSA) Advance Commercial Information (ACI) system.

"Computer Management has provided air cargo management applications and security filing solutions to leading airlines and their partners for more than 15 years," said John Lamberti, CEO at Computer Management. "Computer Management strengthens Descartes' Customs and Regulatory Compliance platform with additional airline-focused functionality while adding a community of hundreds of ground handlers and container freight stations to Descartes' Global Logistics Network."

"We're pleased to welcome Computer Management and its customers to the Descartes community," said Edward J. Ryan, Descartes' CEO. "Computer Management customers will now have access to a wider geographic range of customs filing solutions and additional value-added services for the air industry that leverage our Global Logistics Network, such as eFreight and Cargo2000. We look forward to combining forces to broaden the capabilities and reach of our joint solutions, which help improve the efficiency and security of the air cargo industry."

Computer Management has offices in Florida and New York. The all cash purchase price for the acquisition was US $6.6 million.

 

More News

Written on 18/08/2017, 20:38
cyber-attack-to-hit-a-p-moller-maersk-third-quarterCOPENHAGEN: August 16, 2017. A.P. Moller-Maersk says the 'Not Petya' cyber attack that hit Maersk Line, APM Terminals and Damco at the end of June is...
Written on 18/08/2017, 15:55
new-amazon-fulfillment-center-at-sacramento-air-parkSACRAMENTO, CA: August 17, 2017. Amazon is putting the finishing touches to an 855,000 square feet, four-story fulfillment center at Sacramento...
Written on 17/08/2017, 21:45
nippon-express-signs-kazakhstan-mouASTANA, Kazakhstan: August 16, 2017. Nippon Express has signed an MoU with Kazakhstan's railway company Kazakhstan Temir Zholy (KTZ) to develop container...
Written on 16/08/2017, 22:16
descartes-acquires-macropoint-and-new-shareholderWATERLOO, ON: August 16, 2017. Descartes Systems Group is to acquire Cleveland, OH-based transport visibility network MacroPoint for US$107...
Written on 16/08/2017, 21:45
jebel-ali-ftz-gains-us-80-billionDUBAI: August 14, 2017. Jebel Ali Free Zone (Jafza) increased the value of its non-oil foreign trade by US$80.2 billion in 2016 with volumes rising 17...
Written on 16/08/2017, 20:46
wincanton-to-operate-from-dp-world-london-gatewayLONDON: August 16, 2017. Wincanton, one Britain's largest logistics companies, is to establish a truck base at DP World London Gateway's logistics park...
Written on 16/08/2017, 20:03
freightweek-news-update-week-33FRANKFURT: August 18, 2017. Jettainer is now offering short-notice, short-term leases on its range of horse boxes. Read more: horsebox.pdf HAMBURG:...
Written on 15/08/2017, 23:01
swiss-worldcargo-reorganizes-the-americasZURICH: August 15, 2017. The air cargo division of SWISS is to reduce its American organization from three to two regions effective October 01 covering...
Written on 10/08/2017, 14:58
zeaborn-now-owns-six-rickmers-line-shipsBREMEN/HAMBURG: August 07, 2017. The Zeaborn Group has acquired five 30,000dwt 'Superflex Heavy Lift' vessels from Rickmers Holding. The purchase price...
Written on 09/08/2017, 21:06
qatar-lifts-visa-requirement-for-latam-marketDOHA: August 09, 2017. Qatar Airways has introduced visa-free entry for citizens from 80 countries with those from the EU, Switzerland and Turkey allowed...
Written on 09/08/2017, 16:48
freightweek-news-update-week-32LONDON, Heathrow: August 12, 2017. To celebrate World Elephant Day and help stop illegal trade of wildlife, Heathrow has installed a pop-up interactive...
Written on 08/08/2017, 21:57
another-record-ebit-for-deutsche-post-dhlBONN: August 08, 2017. Deutsche Post DHL (DPDHL) has reported a 4.7 percent increase in net profit to €1.18 billion on a 5.8 percent rise in revenue to...
Written on 07/08/2017, 21:23
amazon-operator-atsg-to-add-a321-freighter-conversionsBEAVERTON, OR/WILMINGTON, OH: August 07, 2017. Conversion specialist Precision Aircraft Solutions (PAS) and Air Transport Services Group (ATSG) have...
Written on 03/08/2017, 20:14
cargo-still-challenging-despite-turnaround-says-lufthansaFRANKFURT: August 03, 2017. The Lufthansa Group has reported a 99 percent rise in pre-tax profit to €1.03 billion on a 12.7 percent increase in revenue to...
Written on 02/08/2017, 20:19
hong-kong-air-cargo-leases-atlasPURCHASE, NY: August 02, 2017. Atlas Air Worldwide Holdings (AAWH) has leased three B747-400 freighters under an ACMI contract beginning in September 2017...
Written on 02/08/2017, 19:27
dunkerque-to-power-brittany-ferriesDUNKERQUE: August 01, 2017. A month after signing an agreement to develop an LNG station to supply tank trucks, Dunkerque LNG and Total Marine Fuels...
Written on 01/08/2017, 16:53
revenue-gain-for-g-w-railroadDARIEN, CT: August 01, 2017. Railroad company Genesee & Wyoming (G&W) has reported an unchanged net income of US$75.4 million on a 7.6 percent...
Written on 01/08/2017, 14:48
freightweek-news-update-week-31KUWAIT: August 05, 2017. Global logistics provider Agility has reported a Q2 net profit of KD16.8 million on revenue of KD342.1 million, an increase of...
Written on 31/07/2017, 15:32
sohar-ocean-container-throughput-upSOHAR, Oman: July 31, 2017. The Port of Sohar and Freezone reports an 11 percent increase in container volume in Q2 2017 over the same period last year....
Written on 30/07/2017, 23:45
crowley-introduces-another-cuba-servicePORT EVERGLADES, FL: July 27, 2017. Crowley Logistics has begun a three times a month service to deliver "approved donated goods" from South Florida to...

- powered by Quickchilli.com -