11:31 AM EDT, 06/04/2024 (MT Newswires) -- Descartes Systems Group ( DSGX ) said Tuesday Yellow Diamond Logistics, a third-party logistics (3PL) company, is using the company's technology for transportation management, real-time freight visibility and AI-driven capacity sourcing.

The logistics-software company said Yellow Diamond Logistics is achieving 99% on-time delivery performance as it scales transportation operations to drive growth.

"As companies look to derive greater value from their transportation operations, Descartes' solutions are helping organizations excel at delivery performance, differentiate themselves from competitors, and grow revenue," Descartes general manager Dan Cicerchi said in a release.

Descartes shares were last seen down $0.97 to $123.10 on the Toronto Stock Exchange.

Price: 123.10, Change: -0.97, Percent Change: -0.78