Descartes acquires Portrix Logistics Software program

Descartes Systems Group has acquired Portrix Logistics Software program, a number one supplier of multimodal charge administration options for logistics providers suppliers (LSPs). 

Headquartered in Germany, Portrix has been serving to its clients streamline and automate advanced international delivery charge administration processes for greater than 10 years. The corporate’s core product, International Value Administration (GPM), is utilized by clients to allow international cargo routing, pricing, score and capability allocation administration.
“Automated charge administration instruments are vital for LSPs seeking to digitize the client expertise,” stated Henning Voss, co-founder of Portrix and now VP Product Administration, Fee Administration Options at Descartes. “Because the momentum for digitization accelerates, the demand for our options continues to develop. Particularly, we have seen a rise in demand for an built-in Descartes Kontainers-Portrix answer, making the choice to mix with Descartes a logical subsequent step for the enterprise and our clients. We’re trying ahead to taking our present partnership with Descartes to the subsequent degree.”
Portrix is headquartered in Hamburg, Germany. Descartes acquired Portrix for roughly EUR 22 million ($US 26.7 million), happy from money available.

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