Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution

AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 27 de novembro de 2023

The Descartes Systems Group Inc.

HAMBURG, Germany and ATLANTA, Nov. 27, 2023 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Hapag-Lloyd spot rate offers and 30-day short-term rates are now available in the Descartes Global Price Management (GPM) solution. Dachser, a top 25 global forwarder, is streamlining ocean shipment booking processes by using the integrated solution to search and retrieve Hapag-Lloyd rates in real-time.

Given the speed of rate changes today, its important to have quick access to spot rates that are up-to-date and reflect current market conditions, said Lars Bostelmann, Business Administration & Development Manager at Dachser. The ability to access Hapag-Lloyds spot products directly in the Descartes GPM platform to quote and compare ocean freight gives us a more comprehensive list of current shipping options from a centralized location, making our shipment transactions even more simple, efficient and accurate.

The Descartes GPM solution helps freight forwarders elevate the customer experience, reduce operational stress, and maximize shipment margins by automating some of the most labor-intensive aspects of their businessrate management, quoting, capacity allocation management, detention and demurrage. It takes routing, price, capacity and schedule information into account to provide customers and sales teams with comprehensive pricing and service recommendations, which delivers enhanced clarity, productivity and value to the complicated process of managing multi-modal logistics costs and surcharges. With application program interface (API)-based connectivity to Hapag-Lloyd Quick Quote and Quick Quote Spot products, Descartes GPM now provides customers with 24/7 access to search and secure competitive rates for short-term volume.

Unlocking the potential of real-time information is at the foundation of digital transformation for the freight industry, said Arne Zass, Director Digital Transformation & Automation Global Sales at Hapag-Lloyd. Our Quick Quote products facilitate this evolution by allowing companies, like Descartes, to more easily connect their software systems to exchange data seamlessly with Hapag-Lloyd as part of a fully digital quote and book workflow.

Were pleased that Dachser is using this innovation successfully across its global sea freight operations to respond effectively and accurately to customer quote requests, said Henning Voss, VP Product Management at Descartes. Freight forwarders and beneficial cargo owners want more options when quoting and booking freight. By expanding our spot rate solution capabilities with Hapag-Lloyd customers can better manage the incredibly complex process of capturing, organizing and presenting real-time rates to shippers and sales teams.

About Dachser
Dachser, a family-owned company headquartered in Kempten, Germany, provides transport logistics, warehousing, and customized services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the companys range. A seamless shipping networkboth in Europe and overseasand fully integrated IT systems ensure intelligent logistics solutions worldwide. For more information, visit www.dachser.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, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of 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 worlds 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 Strohack
Tel: +1(800) 419-8495 ext. 202025
cstrohack@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 rate management solution offerings and potential benefits derived therefrom; 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 managements 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 managements 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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