Descartes buys Kontainers

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Descartes has acquired UK-based digital freight tracking software business Kontainers .

Kontainers provides software for quoting, booking, tracking and dashboard analytics.

Graham Parker, co-founder of Kontainers and vice-president of sales digital freight solutions at Descartes, said: “When added to the global logistics network, we’ll also have the ability to offer a pre-integrated solution that combines Kontainers digital freight execution with Descartes’ rate management and forwarder enterprise systems”

Edward Ryan, chief executive at Descartes, said: “Logistics services providers operate on tight margins. Those that don’t move quickly to digitise their customer experience will be faced with higher costs to serve.

“Without the proper real-time connections between client-facing platforms and the quoting, rating and booking systems that this digitisation brings, LSPs will struggle to efficiently meet customer demand in today’s dynamic market.”

Descartes acquired Kontainers for a total consideration of more than $12 million (£9.5 million), with an up-front consideration of $6 million (£4.7 million) alongside potential performance-based considerations.

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