Latest news with #ONERecord
Yahoo
23-05-2025
- Business
- Yahoo
DSGX's Solution Used by ArrowXL to Boost Last Mile Delivery
The Descartes Systems Group Inc. DSGX recently announced that ArrowXL, the U.K.'s largest and most established two-person home delivery and warehousing specialist, is leveraging its cloud-based route planning and execution solution to streamline last mile delivery operations. DSGX's solution is enhancing ArrowXL's dynamic route planning capabilities and improving transportation efficiency and capacity across the business. Descartes' advanced last-mile delivery platform is designed to support dynamic delivery requirements, including same-day service, by optimizing route efficiency and reducing travel distances. This not only cuts operational costs but also increases delivery capacity and sustainability. For ArrowXL, it helps manage routes in areas with blurred boundaries between delivery locations and team areas, thereby maintaining high service levels even under complex logistical scenarios. Descartes emphasized that ArrowXL's delivery operations for leading e-commerce and retail brands are significantly enhanced through automated, dynamic route planning. This technology enables ArrowXL to scale its logistics more efficiently while empowering its clients to offer a greater number of delivery slots to their customers—ultimately driving higher customer satisfaction and contributing to overall business growth. ArrowXL emphasized that optimizing such complex operations requires precision, and Descartes' solution has allowed ArrowXL to replace manual planning with an automated, real-time system. This transition has significantly enhanced vehicle utilization, reduced carbon dioxide emissions and expanded delivery capacity. By integrating seamlessly with both internal systems and those of its clients, the solution provides complete visibility across the value chain, enabling more efficient operations and improved customer service. The Descartes Systems Group Inc. price-consensus-chart | The Descartes Systems Group Inc. Quote Recently, the company announced a significant advancement in air cargo digitization through its Descartes Air Messaging solution, which streamlines the transmission of shipment data in accordance with the International Air Transport Association's ('IATA') ONE Record messaging standard. IATA's ONE Record initiative aims to fully digitize air cargo messaging services by Jan. 1, 2026, replacing traditional Cargo-IMP and Cargo XML formats. This shift is intended to create a more unified and efficient data-sharing model across the industry. DSGX's solutions have been witnessing rapid uptake. In February 2025, Descartes announced that Defense Trade Solutions (DTS), a leading provider of export compliance and global trade services for the defense industry, has adopted the Descartes GlobalEASE solution to enhance and automate export compliance processes for its clients. This move aligns with DTS' mission to simplify and promote responsible, efficient trade across the defense sector. By incorporating Descartes GlobalEASE into its managed services, DTS is enabling clients to reduce compliance costs and better navigate complex global regulations such as the International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR). Previously, the company announced that Illinois-based freight forwarder American Lamprecht is now providing customers with real-time visibility into the location and status of their air and ocean shipments. Descartes announced that Lane One Transport, a Texas-based freight brokerage firm, is leveraging Parade CoDriver, an artificial intelligence (AI)-powered carrier engagement platform, seamlessly integrated with Descartes Aljex transportation management system (TMS) and Descartes MyCarrierPortal for carrier onboarding. The rapid adoption of solutions is driving the company's top-line expansion. In the last reported quarter, DSGX revenues soared 13% year over year to $167.5 million, beating the Zacks Consensus Estimate by 0.5%. The company's flagship, MacroPoint solution, integrated into the Global Logistics Network, acted as a key catalyst. Strength in the global trade intelligence business during the quarter was a tailwind. Descartes will announce its financial results for the first quarter of fiscal 2026 after the market closes on Wednesday, June 4, 2025. However, uncertainty prevailing over global macroeconomic conditions, geopolitical turmoil and volatile supply-chain challenges remain concerns. DSGX currently carries a Zacks Rank #4 (Sell). Shares of the company have gained 14.3% in the past year compared with the Zacks Computer-Software industry's growth of 9.3%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are Blackbaud, Inc. BLKB, Commvault Systems, Inc. CVLT and OptimizeRx Corporation OPRX. BLKB sports a Zacks Rank #1 (Strong Buy), while CVLT and OPRX carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Blackbaud's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 1.2%. In the last reported quarter, BLKB delivered an earnings surprise of 6.67%. Its shares have decreased 22.3% in the past year. CVLT's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.7%. In the last reported quarter, Commvault delivered an earnings surprise of 10.75%. Its shares have increased 58.6% in the six months. OPRX's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 105.33%. In the last reported quarter, OptimizeRx delivered an earnings surprise of 172.73%. The company's long-term earnings growth rate is 25%. Its shares have advanced 160% in the past six months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CommVault Systems, Inc. (CVLT) : Free Stock Analysis Report Blackbaud, Inc. (BLKB) : Free Stock Analysis Report OptimizeRx Corp. (OPRX) : Free Stock Analysis Report The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
16-04-2025
- Business
- Zawya
IATA launches information portal for live animal regulations
Dubai – The International Air Transport Association (IATA) has launched LAR Verify, a digital portal to improve the welfare and safe transport of live animals by air. Using LAR Verify, airlines, shippers and freight forwarders can access accurate operator and destination-specific requirements as defined by the IATA Live Animals Regulations (LAR). The regulations have formed the basis for the worldwide transport of live animals by air for more than 50 years. The new portal offers an automated compliance solution for live animal shipments, streamlining planning, booking, acceptance and handling. IATA data shows that there were close to 200,000 live animal shipments globally in 2024—up 11% since 2019. 'The volume of specialized cargo—live animals in particular—continues to grow. To manage this opportunity safely and efficiently, a single digital portal that provides access to relevant LAR regulations and facilitates data sharing is mission critical. As envisioned by IATA's ONE Record initiative, the release of LAR Verify is a key milestone towards achieving a single source of truth for live animal shipments,' said Brendan Sullivan, IATA's Global Head of Cargo. LAR Verify can be embedded into cargo management systems, making it easier to integrate into existing workflows. It provides details on: State and operator regulations, including on the export, import, transit and transfer of live animals Documentation requirements such as import licenses per destination Animal classification along with technical standards such as container requirements and labelling Live updates on regional embargoes and trade regulations, including requirements around managing disease outbreaks Through an API, shippers and freight forwarders can also upload all required documents for airline verification. Once all documents are correct, airlines can issue a physical acceptance of the cargo, negating the need to move live animals until their travel is confirmed. -Ends- For more information, please contact: Corporate Communications Email: corpcomms@ About: IATA (International Air Transport Association) represents some 340 airlines comprising over 80% of global air traffic. You can follow us at follow us on X for announcements, policy positions, and other useful industry information. Fly Net Zero.
Associated Press
10-04-2025
- Business
- Associated Press
Descartes Solution Streamlines Air Shipment Data Exchange with IATA's ONE Record
MUNICH, Germany and ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes Air Messaging™ solution has streamlined the transmission of air shipment data according to the International Air Transport Association's (IATA) ONE Record messaging standard. IATA's ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging services by January 1, 2026, replacing the traditional exchange of documents using Cargo-IMP and Cargo XML standards. 'Lufthansa Cargo is committed to digitization initiatives and projects that better connect our customers to their stakeholders and that facilitate easier and faster transportation of air cargo shipments,' said Dr. Christian Lehr, Senior Director Global Fulfillment Development at Lufthansa Cargo. 'The ability of Descartes' solution to support the ONE Record standard is an important step in helping us provide customers with a more efficient, real-time data-sharing model using a single record for each shipment.' Designed specifically for the air cargo industry, Descartes Air Messaging™ supports a broad range of data standards and message specifications to share air shipment information across regional and global operations, including Application Programming Interfaces (APIs), such as ONE Record, Electronic Data Interchange (EDI), and direct system-to-system connectivity. With more accurate and up-to-date air shipment information, the air cargo industry is better positioned to increase transparency, improve efficiency, and ultimately speed up the movement of freight. 'We're pleased to support the ONE Record standard,' said Scott Sangster, General Manager, Logistics Services Providers at Descartes. 'Air industry customers have long relied on Descartes to provide a strong bridge with their trading partners in order to exchange air shipment information using traditional messaging standards. IATA's ONE Record project presents a new opportunity to strengthen those relationships by supporting new ways in which air cargo data is shared and managed to streamline processes, reduce costs, and enhance the customer experience in air cargo operations.' Learn more about Descartes' air cargo industry solutions. About Lufthansa Cargo Lufthansa Cargo is one of the world's leading cargo airlines and part of the Lufthansa Group, Europe's largest airline group. Through its four cargo hubs in Frankfurt, Munich, Brussels and Vienna, the airfreight specialist transports an average of 2,500 tons of freight per day. This is based on a strong and reliable airport-to-airport network that covers some 350 destinations in more than 100 countries. Lufthansa Cargo markets the cargo capacities of the passenger aircraft of Lufthansa Airlines, Austrian Airlines, Brussels Airlines, Discover Airlines and SunExpress, as well as its own freighter fleet of 18 Boeing 777F and four Airbus A321F. In addition, some 300 trucks operate daily under a Lufthansa Cargo flight number. Together with its subsidiaries, Lufthansa Cargo offers customized, fast and efficient logistics solutions along the entire supply chain. In this way, the company fulfills its mission 'Enabling Global Business' and connects markets and trading partners worldwide. Innovative technologies and investments in sustainability play a central role. In addition to a modern fleet and the use of sustainable aviation fuel (SAF), the focus is on continuous optimization of flight operations. In 2024, the company generated revenues of 3.26 billion euros and a transport performance of 8.5 billion freight tonne-kilometers. It currently employs approximately 4,200 people worldwide. 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, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of 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 and connect with us on LinkedIn and Twitter. Global Media Contact 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' air industry solution offerings 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.
