Descartes Expands Product Portfolio With $24M MyCarrierPortal Buyout
DSGXDescartes(DSGX) ZACKS·2024-09-19 22:01

Descartes Systems (DSGX) recently expanded its portfolio with the acquisition of Assure Assist, Inc., operating as MyCarrierPortal ("MCP"). MCP is renowned for its carrier onboarding and risk monitoring solutions for the trucking industry, enabling freight brokers and shippers to manage their carrier networks efficiently. The initiative is aimed at bolstering DSGX's capabilities in fraud prevention and compliance within the trucking industry. Descartes' acquisition of MCP involves an up-front consideration ...