Descartes acquires Global Freight Exchange

Descartes and GF-X combine to add electronic booking to the Global Logistics Network and create an end-to-end air cargo shipment management service.

BY: admin | Thu Jul 10, 2008

Descartes Systems Group, a global ondemand software-as-a-service (SaaS) logistics solutions provider, has acquired Global Freight Exchange Limited (GF-X), a global leader for electronic freight booking in the air cargo industry. The acquisition of U.K-based GF-X adds electronic air freight booking capability to Descartes' Global Logistics Network (GLN), creating a global network capable of managing the entire air cargo shipment lifecycle.

GF-X's offering includes a comprehensive, on-line cargo reservation system where air carriers and freight forwarders can complete electronic air cargo bookings. Many of the world's leading carriers and forwarders use GF-X's products in major airfreight markets worldwide, including American Airlines, Air France, British Airways, Delta Air Lines, DHL, K