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Breaking: Descartes Systems acquires 3GTMS for $115M

Summary by FreightWaves
The cloud-based TMS provider was founded in 2013.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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The LoadstarThe Loadstar

Descartes acquires 3GTMS in $115m cash deal - The Loadstar

PRESS RELEASE  March 25, 2025 07:00 ET Strengthens Transportation Management Capabilities for Shippers and Logistics Services Providers WATERLOO, Ontario and ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired 3GTMS (3G), a leading provider of transportation management solutions. Based in the US, 3G’s …

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FreightWavesFreightWaves

Breaking: Descartes Systems acquires 3GTMS for $115M

The cloud-based TMS provider was founded in 2013.

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FreightWaves broke the news in on Tuesday, March 25, 2025.
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