Descartes expands last-mile delivery presence
Company's ShipTrack acquisition strengthens logistics involvement
Descartes Systems Group, a supply chain software firm that offers its technology to the pharmaceutical space, has purchased ShipTrack, a Canada-based provider of e-commerce final-mile (last-mile) solutions for $19 million.
ShipTrack offers cloud-based mobile resource management and shipment tracking solutions. These tools are able to assist users with automating dispatch, updates on shipment status and estimated time of arrival (ETA); they also remove the need for paper-based delivery. ShipTrack notes that its platform is a fit for the medical courier market—one component of the growing last-mile delivery market, which reports estimate to reach about $6.2 billion by 2025.
Shawn Winter, co-founder of ShipTrack and now the vice president of mobility solutions at Descartes, alluded to the obstacles surrounding high demand that are often faced by last-mile delivery services, saying that “The challenge for today’s final-mile carriers is how to handle increasing volumes alongside rising consumer expectations for delivery choice and real-time information. Our platform helps final-mile carriers meet that challenge head-on with powerful workflows across delivery processes and the ability to expose information to consumers in real-time.”
He says the deal merges ShipTrack’s final mile know-how with Descartes’ ability to improve routes.
Understanding the FDA's Exemption for DSCSA Compliance
November 12th 2024In the quest for achieving full traceability, the exemption applies to certain trading partners under the Act, and postpones enforcement of final compliance requirements while acknowledging progress and ongoing challenges.
