Descartes Systems Group, a global provider of on-demand, software-as-a-service solutions, announced that it has acquired Portrix Logistics Software, a provider of multimodal rate management solutions for logistics services providers.
Headquartered in Germany, Portrix aids its customers in streamling and automating complex global shipping rate management processes.The company’s core product, Global Price Management, is used to enable global shipment routing, pricing, rating and capacity allocation management. Portrix’s solutions integrate with systems that need complete shipping and pricing options, including CRM, transportation management and customer-facing online booking platforms.
“Automated rate management tools are critical for LSPs looking to digitize the customer experience,” said Henning Voss, co-founder of Portrix and now VP Product Management, Rate Management Solutions at Descartes. “As the momentum for digitization accelerates, the demand for our solutions continues to grow. In particular, we’ve seen an increase in demand for an integrated Descartes Kontainers-Portrix solution, making the decision to combine with Descartes a logical next step for the business and our customers. We’re looking forward to taking our existing partnership with Descartes to the next level.”
“The logistics industry is really seeing the benefits that digitization and automation can deliver,” said Edward J. Ryan, CEO of Descartes. “LSPs that don’t increase their investments in this part of their business risk struggling with higher costs to serve and an inferior customer experience. Our investment in Portrix, combined with our recent investments in Kontainers and QuestaWeb, allows us to offer a truly differentiated end-to-end product for LSPs looking to digitize their operations with a pre-integrated solution. Our best-of-breed rate management and online booking tools can also help customers looking to enhance their operations while preserving investments in their existing back-office systems.”
About Descartes Systems Group
Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure 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.
