Descartes and NTI Unite to Provide Chinese Logistics Information Management System
WATERLOO, Ontario, Dec. 1, 2009 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), a federated global logistics network, has joined forces with New Trend International Logistics Technology Ltd. (NTI), a leading Chinese material handling technology provider, to extend and accelerate logistics technology infrastructure throughout China.
Descartes will combine its federated platform that unites hardware, software, networks and a community of logistics organizations with NTI's local business network to provide a comprehensive logistics information management system. This information management system includes warehouse management (WMS), transportation management (TMS) and global positioning (GPS) technologies.
The joining of these networks creates a platform which enables participants to work together to automate multi-party business processes and share critical information to accelerate productivity improvements and cost savings. The combination accelerates implementation times, the rate of cost savings and productivity improvements for end users.
Descartes' federated network combines the power of the Descartes Global Logistics Network (GLN), a community of over 22,000 companies in over 165 countries exchanging logistics information, and value-added applications working together to standardize and streamline business processes.
We are working to help speed up the development of logistics technology infrastructure in China. This relationship with Descartes and its federated network is a core strategy to help meet this objective, said Raymond Cheung, Vice President of NTI. By joining our networks together into an extended federated network, we can pre-unite members of business processes so implementation times can be shortened and returns on investment accelerated for our Chinese customers.
We have designed our federated network to easily extend to combine with our business partners and help simplify the complexities that are challenging the logistics industry, said Art Mesher, CEO of Descartes. Working together with NTI, and joining our networks to provide a comprehensive federated platform, enables our customers to accelerate the time-to-value and results our customers achieve. This is an excellent example of our how our 'United-by-Design' initiative is benefiting our customers around the world.
About NTI
NTI was established in 2000 in Shenzhen, China. They are a professional material handling systems technology company specialized in logistics technological transformation, logistics solutions, logistics system integration and logistics software development. NTI is headquartered in Shenzhen city, with a staff of over 200. For more information about NTI visit www.nti56.com.
About Descartes
Descartes (TSX:DSG) (Nasdaq:DSGX), is making the world a better place by enabling global organizations with logistics-intensive businesses to save money by improving the productivity and performance of their operations. Underlying Descartes' offerings is the Descartes Global Logistics Network (GLN), one of the world's most extensive multi-modal business applications network. As a federated platform, the Descartes GLN combines with component-based 'nano' sized applications to provide messaging services between logistics trading partners, shipment management services to help manage third party carriers and private fleet management services for organizations of all sizes. Descartes' solutions and services deliver results by enabling organizations around the world to reduce administrative costs, billing cycles, fleet size, contract carrier costs, and mileage driven; improve pickup and delivery reliability; and optimize working capital through fleet visibility. Descartes' hosted, transactional and packaged solutions deliver repeatable, measurable results and fast time-to-value. Descartes customers include an estimated 1,600 ground carriers and more than 90 airlines, 30 ocean carriers, 900 freight forwarders and third-party providers of logistics services, and hundreds of manufacturers, retailers, distributors, private fleet owners and regulatory agencies. The company has more than 400 employees and is based in Waterloo, Ontario, with operations in Atlanta, Pittsburgh, Ottawa, Montreal, Miami, Minneapolis, Washington D.C., Derby, London, Stockholm, Shanghai, and Toronto. For more information, visit www.descartes.com.