Descartes Provides One-Stop Shopping for Neptune Shipping
LONG BEACH, Calif., March 1, 2010 (GLOBE NEWSWIRE) -- Annual
Trans-Pacific Maritime Conference -- Descartes Systems Group (TSX:DSG)
(Nasdaq:DSGX), a federated global network logistics solutions provider,
announced that Neptune Shipping, an international non-vessel operating
common carrier (NVOCC), is using a series of services from Descartes to
help it comply with ocean regulatory requirements and deliver enhanced
cargo services to its customers.
Neptune is using Descartes' Ocean Compliance services, Descartes' Ocean
AMS services and Descartes' Bond services to simplify and expedite the
shipment management process. These services help companies, like
Neptune, comply with complex United States Federal Maritime Commission
(FMC) rules while keeping up with their daily tariff filings. In
addition, Descartes' Bonds services help Neptune comply with its
financial security responsibilities automating and streamlining the
shipment process.
The services being used by Neptune Shipping include:
-- Descartes Ocean Compliance helps ocean carriers comply with the FMC
requirement to publicly publish open rates. This service helps simplify
the tariff and contract publishing processes and also helps manage the
rate information for cargo that moves according to the terms of a
privately-negotiated service contract or a common carrier tariff.
-- Descartes Ocean AMS is a unified customs filing solution for NVOCCs and
Vessel Operating Common Carriers (VOCCs). This service helps customers
comply with United States Customs and Border Protection (CBP) Ocean
advanced manifest system (AMS) regulations and procedures, including the
Trade Act 2002 and subsequent regulations. Descartes is certified and
approved as an Ocean AMS Service Center by CBP. The internet-based
service allows organizations to securely transmit Ocean AMS filing data
between in-house systems and CBP via an encrypted virtual private
network connection.
-- Descartes Bond services which help NVOCCs, like Neptune, post the
financial security required by the FMC and CBP for ocean shipments into
and out of the U.S. For example, CBP requires that NVOCCs post a code 3
bond before they can begin sending electronic manifest information to
the AMS system.
Descartes Ocean Compliance, Descartes Ocean AMS and Descartes Bond
services are a part of the Descartes Global Logistics Network(TM)
(GLN), which enables the world's leading transportation providers to
meet regulatory requirements, connect to their trading partners and
reliably exchange information to drive delivery performance and high
levels of customer satisfaction. The Descartes GLN helps companies
better manage their logistics shipment management process, track
inventory, meet regulatory requirements, optimize fleet performance,
and effectively communicate with their logistics partners.
Being able to work with a single supplier to manage our customs
filings, our rate and tariff filings as well as our bond and sureties
requirements, allows us to focus on our customers, said Alex Xu,
President of Neptune Shipping. Descartes' provides value-added
services along with experienced professionals that help guide us
through our regulatory requirements.
By offering additional value-add services such as rate management,
customs filing and bond services, Descartes helps Neptune navigate the
regulatory waters of today's supply chain while automating its shipment
management process and providing better services to its customers,
said Chuck Yang, Manager, Ocean Compliance at Descartes.
For more information about Descartes' global logistics management
solutions for ocean freight and federated logistics platform meet with
Descartes industry experts at the 10th Annual Trans-Pacific Maritime
Conference at the Long Beach Convention Center, Long Beach, California
from March 1-2, 2010.
About Neptune Shipping Limited d/b/a Novalink Logistics
Neptune Shipping Limited is an international NVOCC licensed by the FMC
as an OTI and approved by China Ministry of Communications (MOC) Class
A license forwarding company. Neptune is able to undertake
international forwarding agency of sea freight and air freight for
import & export cargo, international exhibition, personal belongings,
including undertaking to ship, space booking, storage, transiting,
stuffing and undoing the container, settling freight, customs
declaration, examination, insurance and related to short-distance
transportation and consulting business. Our employees are with high
creativity, flexibility, and customer service skills. They have the
technology and expertise to solve logistics challenges and move
products from origin to destination, anywhere in the world, door to
door. For more information, visit www.neptuneshipping.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, Copenhagen, Heverlee, Pittsburgh,
Ottawa, Montreal, Miami, Minneapolis, Washington DC, Derby, London,
Silver Spring, Stockholm, Suzhou, Shanghai, Tokyo, and Toronto. For
more information, visit www.descartes.com.
The Descartes Systems Group logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4065
This release contains forward-looking information within the meaning of
applicable securities laws (forward-looking statements) that relate
to Descartes' solution offering 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. Readers are
cautioned not to place undue reliance upon any such forward-looking
statements, which speak only as of the date made. 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.
CONTACT: Descartes Systems Group
Nicole German
1-416-741-2838 ext. 298