Descartes Systems Group has acquired Aljex Software, Inc., a cloud-based provider of back-office transportation management systems for freight brokers and transportation providers.
Aljex has served freight brokers and transportation providers for over 20 years. Its platform is used by nearly 400 customers in North America to plan and execute nearly 3 million freight moves per year. Its customers can manage the lifecycle of a shipment from order creation through execution, including real-time tracking with connectivity to the Descartes MacroPoint network.
Descartes acquired MacroPoint in August, 2017, for $107 million.
“Descartes has worked with Aljex for a number of years to provide end-to-end solutions for the freight broker community in North America,” said Edward J. Ryan, Descartes’ CEO. “We now have an opportunity to fully integrate Aljex into the Global Logistics Network. In doing so, we can provide customers with improved access to track shipments and the ability to better utilize increasingly scarce carrier capacity.”
Aljex is headquartered in Somerville, New Jersey. Descartes acquired Aljex for $32.4 million in cash, satisfied from Descartes’ existing acquisition line of credit.