Skip to content
Search AI Powered

Latest Stories

newsworthy

Descartes acquires Pixi Software for $10.4 million

German firm makes applications that automate e-commerce fulfillment.

Descartes Systems Group, the Canadian logistics software provider, has acquired Pixi Software GmbH, paying US$10.4 million for the provider of technology solutions for e-commerce order fulfillment and warehouse management.

Munich, Germany-based Pixi makes software that helps its customers automate processes originating from online orders and has a large installed base including hundreds of e-commerce businesses in Europe.


Pixi's platform collects order information from e-commerce sites, translates the data into a scanner-driven pick-and-pack process within the warehouse, initiates the shipment to the customer, and synchronizes all of the information with the customer's financial system for invoicing and shipment tracking, Waterloo, Ontario-based Descartes said.

By acquiring Pixi, Descartes gains a warehousing and order-fulfillment tool that complements its foundation in providing logistics and transportation applications, said Chris Jones, Descartes' executive vice president for professional services and marketing.

Descartes plans to market the new capabilities specifically to small and medium-sized businesses (SMBs), offering them a cloud-based, pay-as-you-go model that allows growing e-commerce firms the ability to choose from Descartes' menu of logistics services.

"We want to be broad enough that if they have a logistics issue, we have the breadth to solve that, and then to augment that with additional services such as customs filings, carrier messaging, denied-party screening, and other solutions in our Global Logistics Network," Jones said.

The acquisition will provide Descartes with a footprint in Germany. The company has more than 400 employees in the Netherlands, Belgium, France, Spain, and Scandinavia.

The acquisition is the latest in a string of purchases for Descartes and marks the company's 31st acquisition since 2006. Last year, Descartes bought MK Data Services LLC, a denied-party screening application provider, BearWare Inc., a product-tracking and inventory-replenishment platform, and Oz Development Inc., a supply chain automation tool provider.

The Latest

More Stories

legal scales and gavel

FMCSA rule would require greater broker transparency

A move by federal regulators to reinforce requirements for broker transparency in freight transactions is stirring debate among transportation groups, after the Federal Motor Carrier Safety Administration (FMCSA) published a “notice of proposed rulemaking” this week.

According to FMCSA, its draft rule would strive to make broker transparency more common, requiring greater sharing of the material information necessary for transportation industry parties to make informed business decisions and to support the efficient resolution of disputes.

Keep ReadingShow less

Featured

pickle robot unloading truck

Pickle Robot lands $50 million in VC for truck-unloading robots

The truck unloading automation provider Pickle Robot Co. today said it has raised $50 million in venture capital and will use the money to accelerate the development of new feature sets and build out the company’s commercial teams to unlock new markets and geographies.

The “series B” funding round was financed by an unnamed “strategic customer” as well as Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others.

Keep ReadingShow less
chart of trucking conditions

FTR: Trucking sector outlook is bright for a two-year horizon

The trucking freight market is still on course to rebound from a two-year recession despite stumbling in September, according to the latest assessment by transportation industry analysis group FTR.

Bloomington, Indiana-based FTR said its Trucking Conditions Index declined in September to -2.47 from -1.39 in August as weakness in the principal freight dynamics – freight rates, utilization, and volume – offset lower fuel costs and slightly less unfavorable financing costs.

Keep ReadingShow less
chart of robot use in factories by country

Global robot density in factories has doubled in 7 years

Global robot density in factories has doubled in seven years, according to the “World Robotics 2024 report,” presented by the International Federation of Robotics (IFR).

Specifically, the new global average robot density has reached a record 162 units per 10,000 employees in 2023, which is more than double the mark of 74 units measured seven years ago.

Keep ReadingShow less
person using AI at a laptop

Gartner: GenAI set to impact procurement processes

Progress in generative AI (GenAI) is poised to impact business procurement processes through advancements in three areas—agentic reasoning, multimodality, and AI agents—according to Gartner Inc.

Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

Keep ReadingShow less