This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Panalpina Selects Descartes For Cargo 2000 Compliance

Stocks in this article: DSG DSGX

Descartes Solution Designed for Compliance With Cargo 2000 Business Process and Automation Standards

WATERLOO, Ontario, Feb. 14, 2011 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX) announced that Panalpina Group has expanded its relationship with Descartes by selecting Descartes' Cargo 2000 solution to help it comply with business process and automation standards established by the International Air Transport Association (IATA). Panalpina Group recently joined the Cargo 2000 initiative as part of its commitment to constant improvement.

Cargo 2000, an industry initiative led by IATA, aims at standardizing processes that improve efficiencies for the worldwide air cargo industry. Descartes has supported IATA's Cargo 2000 initiative since 1998 and provides a highly effective offering that helps users comply with Cargo 2000 certification requirements.

The Panalpina Group, headquartered in Basel, Switzerland, is a leading supplier of forwarding and logistics services, specializing in end-to-end supply chain management solutions and intercontinental air freight and ocean freight shipments. Descartes' Cargo 2000 solution provides Panalpina Group with a management tool to comply with Cargo 2000 requirements. Information provided by the system such as quality report compilation, shipment status, exception alerts, route map creation and departure time reporting, allow the monitoring of shipments at master air waybill level from airport to airport.

"Panalpina has always prided itself on using state-of-the-art technology to provide our customers with integrated door-to-door services tailored to their individual needs," said Rolf Bosselaar, Global Head Standards & Governance Air Freight at Panalpina Group. "Descartes has provided excellent services to us for many years and presented us with an impressive and competitive business case. Descartes' advanced and integrated Cargo 2000 solution not only ensures complete compliance but also allows us to maximize management and control of Panalpina air shipments."

"Panalpina Group is a valued Descartes customer, and we are excited about strengthening our long-term relationship," said Ed Ryan, Executive Vice President, Global Field Operations at Descartes. "Our Cargo 2000 solution enables better decision-making to fulfill Panalpina customer expectations and ensures standardized processes for improved service levels."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs