-- The Descartes Systems Group (DSG.TO, DSGX) announced Tuesday that it expanded artificial intelligence capabilities on its Global Logistics Network (GLN) with the introduction of the Descartes Fleet Data Intelligence platform.
The company said the platform combines a new AI agent and machine learning (ML) capabilities to enhance on-time delivery, strengthen service level compliance and reduce cost per delivery while providing the visibility needed to measure, sustain and scale fleet performance improvements over time.
"For fleets operating private or dedicated distribution networks, the highest-impact opportunity for AI lies in improving real-world execution," said Descartes Fleet Management General Manager James Wee. "With the Fleet Data Intelligence platform, we apply AI to the trusted execution data flowing through the GLN to separate signal from noise and turn everyday fleet operations into a continuous source of learning and improvement."
Shares of the company closed up 5% to $91.69 on Monday on the Toronto Stock Exchange.