29.04.2024 12:45:05 - dpa-AFX: GNW-Adhoc: Gravitas Worldwide Streamlines Customs Clearance Using Descartes e-CustomsT Solution

LONDON and ATLANTA, April 29, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group
(Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive
businesses in commerce, announced that global freight broker Gravitas Worldwide
is more efficiently managing customs declarations for aerospace clients by using
Descartes e-Customs(TM) to automate traditionally manual customs processes.
"We ship anything from aircraft engines to rivets for our clients. Since many
shipments take place overnight, it is critical that we can manage and execute
our own customs entries," said Stuart Pople, Operations Director - Time Critical
and Aerospace, Gravitas Worldwide. "Without Descartes e-Customs, we would have
had to hire three or four people to support our monthly shipment volumes. Using
the solution, we now manage customs declarations within minutes, not hours,
which means our existing team gains significant productive time to focus on
providing more strategic insights and value to clients."
Descartes e-Customs is a secure, web-based solution that helps filers submit
data to HMRC and other government agencies through a concise, easy-to-use
interface. From template-driven declarations, client-specific data and the
ability to duplicate previous declarations, Descartes e-Customs can adapt to the
multiple ways that companies operate. To support the needs of both small and
large operations, the solution can be integrated with freight management
software as well as enterprise resource planning (ERP) solutions, which allows
companies to manage inbound and outbound declarations from within one advanced
solution.
"We're delighted our solution is supporting Gravitas' growing U.K. operations
without requiring additional resources to comply with customs regulations and
procedures," said Lars Persson, VP Sales, Customs EMEA at Descartes. "For
traders, customs brokers and forwarders who move goods across borders, keeping
step with changing regulations is a primary challenge. Descartes' robust
solutions help companies of all sizes facilitate compliance at enhanced levels
of productivity and accuracy, which streamlines cross-border trade for all
parties involved."
About Gravitas Worldwide Limited
Gravitas Worldwide covers a wide range of industries such as aviation,
automotive, pharma, perishables, ship spares, and special projects. As a
logistics company, we understand the importance of timely and efficient delivery
of goods, especially when it comes to time-critical industries. With our years
of experience and industry knowledge, we have the expertise to handle any
consignment, no matter how complex or urgent. Our experts work together to
ensure you have full and complete support from planning through to delivery.
With specialists in China, India and Southeast Asia, we have an established
network of worldwide partners to support both imports and exports. For more
information, visit www.gravitasworldwide.com
(http://www.gravitasworldwide.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 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 (http://www.descartes.com/), and connect with us
on LinkedIn (https://www.linkedin.com/company/descartes-systems-
group) and Twitter (https://twitter.com/descartessg).
Global Media Contact
Cara Strohack
Tel: +1(800) 419-8495 ext. 202025
cstrohack@descartes.com (mailto: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' customs 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 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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Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DESCARTES SYS GRP INC. 913612 Frankfurt 89,000 16.05.24 08:43:06 +1,200 +1,37% 88,800 90,450 89,000 87,800

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