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Descartes nabs another American company with $164.4-million acquisition of 3Gtms

Acquisition expands logistics software company’s North American reach and adds network of carriers. Waterloo, Ont.-based multinational and logistics software company Descartes Systems Group has acquired Columbus, Ohio-based 3Gtms, which operates as 3G, a fellow transportation management platform, for $115 million USD ($164.4 million CAD) in cash. According to Descartes, 3G’s shipping partners, third-party logistics providers, and freight brokers use its platform to optimize domestic shipments by...

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