Descartes Acquires Customs Info

By Michelle Howard
Monday, June 02, 2014

Descartes Systems Group (DSG), a global company in uniting logistics-intensive businesses in commerce operating the Global Logistics Network (GLN), acquired Customs Info LLC, a U.S.-based provider of trade data content to power Global Trade Management (GTM) systems and streamline global trade automation.
 
Customs Info provides comprehensive trade data and related research tools to more than 800 multi-national shippers to help them reduce operating costs, improve customs compliance, and accelerate supply chain speed. This trade data populates GTM systems, including SAP GTS and Oracle GTM, and includes trade tariffs, duties, regulations, trade agreements, rules of origin and other trade-related content. Customs Info also provides one of the leading on-line global trade research tools used by thousands of trade professionals, as well as a SaaS-delivered classification solution to help trade professionals and multi-national shippers quickly build and easily maintain complex classification databases for their operations around the world. Customs Info also provides duty and tax content to some of the world’s largest e-commerce sites.
 
"The Global Logistics Network is the logical place for multi-national shippers, logistics intermediaries and transportation carriers to look to source, collaborate on and supply trade data," said Edward J. Ryan, Descartes’ CEO. "Over 10,000 customers use the GLN to manage and execute shipments every day. Now, by combining trade data with that trade flow, our customers can expand their use of the GLN to also strategically plan and manage their delivery and supply chains.”
 
“With highly-recurring subscription revenues and close relationships with GTM system providers, Customs Info has been a high-growth, premium business and is the sensible platform for this expansion of the Global Logistics Network’s utility and relevance to the shipper community," said Scott Pagan, Descartes’ President & Chief Operating Officer. “As Customs Info continues to invest in expanding its market-leading trade data, currently covering over 160 countries, our immediate focus is to connect Customs Info to the GLN and broader Descartes Community.”
 


 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

OSV Technology: Notable Designs & Deliveries

Though the market for Offshore Support Vessels (OSVs) is soft, advances in technology, fit and finish in  the sector is unrivaled in any other maritime niche over the past five years.

Gondan Lays Keef for IMR Oceanographic Vessel

Gondan Shipyard has celebrated at its facilities in Figueras the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway.

Legal

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Long Beach, Los Angeles ports host forum to gather input

More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

Arctic Nations to Fight Climate Change Despite Russia Tensions

The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put

News

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Long Beach, Los Angeles ports host forum to gather input

More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

Software Solutions

SDARI Inks Agreement for INTERSCHALT Loading Software

INTERSCHALT maritime systems AG, a maritime software and services provider of loading computers on board containerships, signed a cooperation agreement with the

AMI Maritime, BMT SMART Sign Partnership Agreement

BMT SMART (BMT), the specialist fleet and vessel performance management company of BMT Group, announced that Singapore-based AMI Maritime Pte Ltd has become an accredited service partner.

China's WSDDI Extends FORAN Licenses

China’s Wuhan Ship Development and Design Institute (WSDDI) extended its FORAN contract with SENER.   At the end of December 2014, WSDDI signed a contract with SENER’s partner in Beijing,

Classification Societies

GE Gas Turbines Earn LR Design Appraisal to Marine NVR

GE Marine’s LM6000 aeroderivative marine gas turbine PC and PG models have received Lloyd’s Register’s Design Appraisal Document to the Marine Naval Vessel Rules (NVR).

Synergi Plant gets New Dashboard

Synergi Plant version 5.2, the latest DNV GL plant integrity software solution, has now been released. It includes a brand new user interface and several new

First SCR IMO Tier III Approval in Principle Awarded

MAN Diesel & Turbo reaches IMO Tier III milestone for entire four-stroke engine portfolio. At an awards ceremony held on April 15, 2015 at the PrimeServ Academy in Shanghai,

Logistics

Norwegian Car Carriers to Buy Two from Hyundai Samho

Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs).

APM Maasvlakte II Terminal Opens

APM Terminals Maasvlakte II held a ceremony  to celebrate the opening of the world’s most automated container terminal.   The  event that was attended by Dutch

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

Mergers & Acquisitions

HII, Kinder Morgan Not to Pursue Avondale Joint Venture

Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment   Huntington Ingalls Industries (HII) announced

MISC Says AET Tankers Unit Not for Sale

MISC Berhad issued a statement today addressing recent market speculation that the company is set to sell its wholly owned petroleum tanker subsidiary AET Tankers.

Horizon's Hawaii Business Acquisition Cleared by DOJ

Horizon Lines, Inc. reported yesterday that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Pipelines Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1456 sec (7 req/sec)