Refrigeratedtransporter Com Sites Refrigeratedtransporter com Files Uploads 2017 01 05 Descartes Logo 0

Descartes Systems acquires Datamyne

Jan. 5, 2017
Descartes Systems Group has acquired Datamyne, a provider of cloud-based trade data content solutions for customers to analyze import and export trade activity.

Descartes Systems Group has acquired Datamyne, a provider of cloud-based trade data content solutions for customers to analyze import and export trade activity.

Datamyne, primarily operating in the United States and South America, collects, cleanses and commercializes logistics trade data from more than 50 nations across five continents. More than 100 million records are gathered each year from official filings with customs authorities and trade ministries. Subscribers use Datamyne’s web-based solutions and business intelligence tools to augment, speed and simplify trade data research, and to shape global marketing, prospecting and sourcing strategies.

Descartes’ Global Logistics Network (GLN), complemented by Datamyne’s content and solutions, is a logical place for multi-national shippers, logistics intermediaries and transportation carriers to manage the complete life-cycle of a shipment, including:

•Researching and making informed decisions about potential trading and logistics partners

•Classifying goods appropriately and submitting compliant documentation

•Moving goods efficiently and securely while collaborating with a broad ecosystem of parties

Nearly 3,000 Datamyne customers will now have access to a wider set of solutions via Descartes’ GLN.

Datamyne is headquartered in Miami FL and has offices in Uruguay, Argentina and Brazil. It is a portfolio company of Nassau Point Investors LLC, a private equity firm based in Greenwich CT. Purchase price for the acquisition was approximately US $52.7 million in cash.

Learn more at www.decartes.com or www.datamyne.com.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...