BoxTop Technologies
Assembly Line
Descartes Acquires BoxTop Technologies
Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired BoxTop Technologies Limited, a leading provider of shipment management solutions for small- to mid-sized logistics services providers. BoxTop is headquartered in Windsor, England. Descartes acquired BoxTop for approximately £10.25 million ($US 13 million), satisfied from cash on hand.
Based in the UK, BoxTop helps LSPs digitize their operations and connect to the wider logistics community to manage the lifecycle of shipments. LSPs use the BoxTop platform to manage the secure and efficient movement of goods from quoting through to routing, booking, and final delivery. BoxTop is an existing Descartes partner, leveraging the Descartes Global Logistics Network to help their clients gain visibility into shipments across multiple modes of transportation and to complete electronic customs filings.