DSGX Boosts Transportation Management With 3G Buyout: Stock to Gain?

The Descartes Systems Group Inc. (DSGX) recently acquired 3GTMS (3G), a prominent provider of transportation management solutions. The acquisition, valued at around $115 million, was completed using cash on hand. With this deal, Descartes aims to enhance its position as the global leader in uniting logistics-intensive businesses and further bolster its Global Logistics Network (GLN).3G’s transportation management solutions are designed to help shippers, third-party logistics providers and freight brokers im ...