Descartes’ Study Shows 40% of Shippers and Logistics Services Providers Plan to Invest in Transportation Technology to Address Industry Changes

June 11, 2024

https://www.globenewswire.com/news-release/2024/06/11/2896625/9197/en/Descartes-Study-Shows-40-of-Shippers-and-Logistics-Services-Providers-Plan-to-Invest-in-Transportation-Technology-to-Address-Industry-Changes.html

ATLANTA and AMERSFOORT, The Netherlands, June 11, 2024 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released the results of its 8th Annual Global Transportation Management Benchmark Survey of over 630 companies. The study shows that 40% of the shippers and logistics services providers (LSP) surveyed are planning to invest in transportation technology to prepare for industry and regulatory changes. For top financially performing companies where senior leadership view transportation as a competitive weapon, this number rose to 44% compared to 32% for poorer financial performers.

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