$DSGX

Descartes Systems Group (Nasdaq:DSGX, TSX:DSG) introduced an AI-enabled Descartes Free Trade Intelligence (FTI) solution aimed at manufacturers, importers and exporters. The platform uses AI and Descartes’ rules-of-origin library covering 250+ regimes to speed preferential tariff qualification, support duty savings decisions, and improve audit readiness, integrating with its Global Trade Intelligence suite and ERP workflows.

Descartes Systems Group (Nasdaq:DSGX) launched an AI-enabled Free Trade Intelligence (FTI) solution to help manufacturers, importers and exporters analyze rules of origin across more than 250 free-trade regimes. The platform uses AI on bills of materials, tariff classifications, supplier declarations and regional value content to support preferential tariff qualification, duty savings decisions and compliance audit readiness, integrating with Descartes GTI and ERP workflows.

Descartes Systems Group (Nasdaq:DSGX) said Chicago-based Forefront Global Logistics is using Descartes’ transportation management suite to build an AI-enabled digital freight brokerage. The company cited automation of freight execution, visibility, carrier onboarding, and AI agent use for exception handling, plus carrier security and reduced manual work. Descartes’ platform components include Aljex, MacroPoint, OpsForce, and MyCarrierPortal.

North American equities rose Monday as oil prices fell. The TSX gained 199.04 points to 35,568.14 and the Canadian dollar weakened to 70.81 U.S. cents. Shopify rose $18.05 (11.3%) and Open Text gained $1.86 (6%). Celestica and Gibson Energy were cited ahead of earnings. Brent and WTI futures dropped over 6-7%.

Scotia Capital analyst Jonathan Goldman reiterated a “sector outperform” rating on Magna International (MGA) and raised its US$74 target from US$72, citing resilient volumes, higher content, and buybacks of 18 million shares. He stayed on the sidelines for Linamar (LNR) but lifted its $102 target. National Bank’s Doug Taylor kept “outperform” on Descartes (US$95), Kinaxis ($200), and Shopify (US$155). Desjardins analyst Brent Stadler expects “solid” Q2 results for Fortis (FTS), trimming EPS to 7

Crestone Advisors said it advised Drivin SpA on its acquisition by Descartes Systems Group. Drivin provides a cloud TMS for last mile delivery management in Latin America. Descartes will pay about $30 million upfront plus up to $5 million performance-based consideration, integrating Drivin data with Descartes Global Logistics Network.

Descartes Systems Group (NASDAQ: DSGX) said it acquired Latin American last-mile logistics tech provider Drivin for $30M, paid from cash on hand. Drivin’s platform offers routing, dispatch, and real-time visibility using ML/AI. Sellers may receive up to $5M more if revenue targets are met. Descartes also referenced prior Idelic acquisition.

Descartes Systems Group (DSGX) said it acquired Drivin, a Latin America last-mile delivery management provider, to expand services for distribution-intensive businesses. Descartes will pay about $30M upfront cash plus performance-based consideration up to $5M tied to revenue targets over two years; any earn-out is expected in fiscal 2029. DSGX shares were $72.63 pre-market.

Descartes Systems Group (Nasdaq:DSGX) said New Castle Building Products reduced its fleet mileage by about 25,000 miles annually by using Descartes route planning and execution. The company attributed lower fuel consumption and costs, improved route consistency/accuracy, and better on-time delivery performance to replacing manual planning with data-driven routing across multi-stop Northeastern U.S. routes.

Raymond James cut its price target for Descartes Systems Group (NASDAQ:DSGX) to $108 from $118 while keeping an “outperform” rating, implying 38.13% upside from the prior close, BayStreet.CA reported. The stock last traded at $78.19. Raymond James joins other analysts with targets ranging from $82 to $92.