Descartes MacroPoint™ and McLeod Software PowerBroker® Solutions Integrated to Help Freight Brokers Unlock Capacity and Cover More Loads
08 December 2021 - 10:45PM
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader
in uniting logistics-intensive businesses in commerce, announced
that the Descartes MacroPoint™ Capacity Network of over 280,000
carriers is directly accessible from the McLeod Software
PowerBroker® transportation management system (TMS) to help freight
brokers and third party logistics (3PL) providers source capacity
and cover more loads.
The Descartes MacroPoint Capacity Network allows brokers to
access over 280,000 carriers and their assets on more than 1
million truckload transportation lanes in North America.
By using machine learning to match potential
carriers in near real-time to open loads,
the solution helps brokers to better rank carrier
matches. Brokers can send load offers to carriers either
manually or automatically via configurable business rules that can
incorporate considerations such as market indicators, pricing and
company preference notifications. Through this use of
intelligent automation, brokers have achieved on average 15 times
more loads matched than processed manually.
“Our shared goal is to help brokers find more capacity to cover
loads in these challenging times,” said Robert Brothers, Vice
President of Product Development at McLeod Software. “McLeod
Software is pleased to work with Descartes to make its extensive
network available to our PowerBroker customers to simplify the
process of finding more coverage for their freight.”
PowerBroker is a fully integrated freight brokerage operations
management system and complete accounting software solution for
3PLs and freight brokers. The integration with the Descartes
MacroPoint Capacity Network helps PowerBroker users save a
significant amount of time with the ability to easily post loads,
access capacity from Descartes’ large network of carriers, vet
carriers, and have their loads covered directly within the McLeod
platform. Using the combined solution, brokerages can eliminate
outbound calling, email blasts and manually posting freight to load
boards, which can result in inefficient negotiations and a
time-consuming booking process.
“The combination of these solutions gives brokerages and 3PLs a
new and more effective way to find trucks and cover loads,” said
Dan Cicerchi, General Manager, Transportation Management at
Descartes. “The ability to use a single application to
significantly extend carrier networks helps organizations elevate
their carrier outreach and sales processes.”
About McLeod Software
Since 1985, McLeod Software has provided powerful transportation
management and trucking software solutions to the trucking
industry. These solutions, developed entirely by our company, are
comprehensive and support integration with a broad array of
complimentary logistics products. For more information, visit
www.mcleodsoftware.com.
About Descartes
Descartes (Nasdaq:DSGX) (TSX:DSG) 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. Learn more
at www.descartes.com, and connect with us
on LinkedIn and Twitter.
Global Media Contact Cara StrohackTel: +1(800)
419-8495 ext. 202025cstrohack@descartes.com
Cautionary Statement Regarding Forward-Looking
Statements
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 including estimated numbers of
accessible carriers and predicted benefits and efficiency gains
from automation; 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 including Descartes most recently filed management's
discussion and analysis. If any such risks actually occur, they
could materially adversely affect our business, financial condition
or results of operations. In that case, the trading price of our
common shares could decline, perhaps materially. Readers are
cautioned not to place undue reliance upon any such forward-looking
statements, which speak only as of the date made. Forward-looking
statements are provided for the purposes of providing information
about management's current expectations and plans relating to the
future. Readers are cautioned that such information may not be
appropriate for other purposes. 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, except as
required by law.
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