20:47:38 EDT Sat 31 May 2025
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Descartes Systems Group Inc (The)
Symbol DSG
Shares Issued 85,605,969
Close 2025-03-31 C$ 144.87
Market Cap C$ 12,401,736,729
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Descartes talks use of GPM software by Skypace

2025-03-31 17:56 ET - News Release

Mr. Scott Sangster reports

SKYPACE ENHANCES SPEED AND ACCURACY OF FREIGHT BOOKINGS WITH DESCARTES RATE MANAGEMENT SOLUTION

International freight forwarder Skypace is using The Descartes Systems Group Inc.'s Descartes global price management (GPM) solution to populate its self-service quote-to-book platform with accurate shipping rates and provide a digital-first experience for its growing customer base.

"As the momentum for digitization accelerates, customer demand for on-demand rating and booking continues to grow," said Vlad Nikalayeu, chief executive officer at Skypace. "By integrating Descartes GPM into our pricing ecosystem, we've cut rate processing times by 85 per cent, with updates completed in under 48 hours. This allows us to deliver quotes with 99-per-cent pricing accuracy, ensuring our customers receive the most reliable freight rates. The solution has also helped Skypace achieve a 5-per-cent increase in accuracy on surcharges across 16 million rates. All of these benefits contribute to higher levels of customer satisfaction and significant operating efficiencies."

The Descartes GPM solution helps freight forwarders streamline rate management, quoting and surcharge calculations while increasing operational efficiency. By leveraging Descartes's advanced rate management capabilities, Skypace is optimizing pricing workflows and delivering a seamless quoting experience for shipper customers around the world. The combined solution enables rapid processing of over 20,000 freight quotes per hour, significantly reducing the time it takes to generate and confirm rates. With a fully digital and automated approach, Skypace provides real-time rate visibility, transforming a process that traditionally took hours or days into a matter of seconds.

"We're pleased our solution is helping to drive tangible operational benefits for Skypace and its customers," said Scott Sangster, general manager, logistics services providers, at Descartes. "Digitization continues to be a fundamental initiative for freight forwarders and our technology helps these organizations simplify the complex process of presenting accurate rates in real time to more effectively manage the end-to-end transportation of freight."

About The Descartes Systems Group Inc.

Descartes 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 Descartes's 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. Descartes's headquarters are in Waterloo, Ont., Canada, and the company has offices and partners around the world.

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