Latest news with #Descartes
CTV News
a day ago
- Business
- CTV News
Descartes Systems Group acquires PackageRoute for about US$2 million
The logo of Descartes Systems Group is shown. THE CANADIAN PRESS/HO-Descartes Systems Group *MANDATORY CREDIT* TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. --- This report by The Canadian Press was first published June 19, 2025.
Hamilton Spectator
a day ago
- Business
- Hamilton Spectator
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO - Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG)
Winnipeg Free Press
a day ago
- Business
- Winnipeg Free Press
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO – Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG)
Yahoo
a day ago
- Business
- Yahoo
Descartes Systems Group acquires PackageRoute for about US$2 million
TORONTO — Logistics software company Descartes Systems Group says it has acquired PackageRoute for about US$2 million. PackageRoute has a mobile and web-based platform that offers real-time visibility for package deliveries, route optimization and fleet management. The company is based in Sammamish, Wash. James Wee, general manager of routing, mobile and telematics at Descartes, says the U.S. firm works with subcontracted delivery service companies. PackageRoute's software integrates pickup and delivery data, helping contractors and drivers to operate more efficiently. Ontario-based Descartes specializes in software for supply chain and logistics management applications. This report by The Canadian Press was first published June 19, 2025. Companies in this story: (TSX:DSG) The Canadian Press
Reuters
11-06-2025
- Business
- Reuters
US ocean imports plunged in May on 145% tariffs on China
LOS ANGELES, June 11 (Reuters) - Imports at several of the busiest U.S. seaports dropped sharply in May, after President Donald Trump's short-lived 145% tariffs on many goods from China stalled trade, according to data from Descartes Datamyne. The world's two biggest economies overnight announced a trade deal framework that sets tariffs on China at the prior 30% rate, subject to final approval. That rate would be combined with the 25% tariffs imposed during Trump's first term, bringing the total China rate to 55%. China is the top U.S. supplier of goods that arrive by sea. That cargo is often for retailers like Walmart (WMT.N), opens new tab, as well as for major manufacturers, including automakers. West Coast ports handle a significant percentage of China shipments and suffered large year-over-year volume hits in May. In California, Long Beach imports dropped 20.9% and Los Angeles fell 8.5%. In the state of Washington, Seattle was off 17.3% and Tacoma plummeted 39.4%. On the East Coast, import volume at the Port of New York and New Jersey declined 15.3%. Norfolk, Virginia, dove 14.7%, and Wilmington, North Carolina, dropped 17.6%. Gulf of Mexico ports Houston and Mobile, Alabama, were down 3.4% and 20.4%, respectively. Overall U.S. imports of goods from China dropped 28.5% year-over-year in May, according to supply chain technology provider Descartes ( opens new tab. Importers raced to secure bookings for paused China shipments after the first U.S.-China tariff truce lowered rates to 30% last month. Nevertheless, the head of the Port of Los Angeles, the nation's largest, said he does not expect a deluge of freight because 30% tariffs still translate into meaningfully higher costs for importers.
