Descartes’ Study Shows 40% of Shippers and Logistics Services Providers Plan to Invest in Transportation Technology to Address Industry Changes
The Descartes Systems Group Inc. (DSGX)
Last the descartes systems group inc. earnings: 3/4 04:01 pm
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Source: GlobeNewswire
ATLANTA and AMERSFOORT, The Netherlands, June 11, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released the results of its 8th Annual Global Transportation Management Benchmark Survey of over 630 companies. The study shows that 40% of the shippers and logistics services providers (LSP) surveyed are planning to invest in transportation technology to prepare for industry and regulatory changes. For top financially performing companies where senior leadership view transportation as a competitive weapon, this number rose to 44% compared to 32% for poorer financial performers. In terms of areas of focus, for the 7th consecutive year, real-time transportation visibility held the top spot for greatest transportation IT investment. Visibility was cited as the priority technology investment by 36% of respondents and was closely followed by order management at 35% in the 2nd spot. Jumping in
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DSGX
News
- 2 TSX Stocks Poised to End 2024 With a Bang! [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Descartes Systems Group Inc.'s (TSE:DSG) high institutional ownership speaks for itself as stock continues to impress, up 5.2% over last week [Yahoo! Finance]Yahoo! Finance
- Exclusive: Avid Ventures raises $87 million second fund [Fortune]Fortune
- Descartes Acquires MyCarrierPortal [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Descartes Acquires MyCarrierPortalGlobeNewswire
DSGX
Earnings
- 9/4/24 - Miss
DSGX
Sec Filings
- 9/18/24 - Form 6-K
- 9/5/24 - Form 6-K
- 7/15/24 - Form F-X
- DSGX's page on the SEC website