Descartes buys Aljex Software for $32.4m
Descartes Systems has bought Aljex Software, a cloud-based provider of back-office transportation management solutions for freight brokers and transportation providers.
In a statement issued on Friday (2 February), Descartes said that Aljex software is used by nearly 400 customers in North America to plan and execute nearly 3 million freight moves a year. Customers can manage the lifecycle of a shipment from order creation through execution, including real-time tracking with connectivity to the Descartes MacroPoint network.
“Managing the capacity on trucks profitably while meeting increasingly high customer delivery expectations is a complex task,” said Tom Heine, CEO of Aljex. “Aljex helps solve the unique problems faced by freight brokers and transportation providers in this demanding environment. These solutions can also be utilized by large fleet operators looking to broker their own excess capacity and improve truck utilization.”
“Descartes has worked with Aljex for a number of years to provide end-to-end solutions for the freight broker community in North America,” added Edward J. Ryan, Descartes’ CEO. “We now have an opportunity to fully integrate Aljex into the Global Logistics Network. In doing so, we can provide customers with improved access to track shipments and the ability to better utilize increasingly scarce carrier capacity.”
Descartes bought Aljex – which is headquartered in Somerville, New Jersey – for $32.4m in cash.