AMERSFOORT, Netherlands, Jan. 27, 2014 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Botlek Tank Terminal (BTT), a leading tank terminal storage company, transformed its core business from the storage of grains to the storage of oils with the help of Descartes' advanced European customs connectivity and compliance capabilities.
"In the European oil storage business, the communication and exchange of documents with customs authorities is mission critical, much more so than with grain storage. With excise amounts in the millions of euros and operating permits at stake, the clearance and duty declaration process needs to be completely accurate," said Charles Smissaert, Managing Director at Botlek Tank Terminal. "Descartes' solutions and expertise were important elements in finalizing the re-engineering of our processes and integrating our systems to support the new requirements of our business and our strategic growth plan."
Descartes' Customs Compliance solution provides BTT with seamless connectivity to European customs authorities and is integrated with BTT's warehouse management system (WMS). Descartes` solution retrieves data from the WMS and aggregates customs duty values and other data. Customs clearance and duty declarations are then processed electronically and automatically. Descartes' solution also keeps track of stock and transactions related to both bonded and non-bonded goods and provides detailed monthly transactional reports to customs authorities.
"Working with BTT during the transition of its core business posed unique and exciting challenges. Our efforts in developing optimized workflow and compliance capabilities for the tank terminal industry have resulted in a strong solution portfolio that helps organizations, like BTT, ensure compliance, maintain control, improve efficiency and enhance profitability," said Fred van der Heide, Vice President of Product Strategy at Descartes. "We are proud to have contributed to BTT's success and that our joint work helps set a new standard for the tank terminal industry."
About Botlek Tank Terminal
Botlek Tank Terminal (BTT) stores and handles a wide range of fluids in the Botlek area of Rotterdam. The new and modern tank terminal is easily accessible by sea, river, road and rail. BTT offers a 420-meter platform and has its own train loading and unloading dock. BTT will expand from the current 34 tanks with a storage capacity of 200.000m3, to a storage capacity of 750.000m3.
Descartes (TSX:DSG) (Nasdaq:DSGX) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Descartes has over 172,000 parties using its cloud-based services. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multi-modal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com.
This release contains forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relate to Descartes' solution offering and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based.
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