The Descartes Systems Group Inc. (DSGX) has launched its enhanced freight fraud detection technology, Descartes MacroPoint FraudGuard 2.0, designed to help shippers, freight brokers, and third-party logistics providers combat advanced fraud and cargo theft tactics. This updated solution enables risk identification at various shipment stages—pre-tender, pre-pickup, and in-transit—improving decision-making and ensuring compliance with reliable carrier networks.
Key features of FraudGuard 2.0 include a Carrier and Driver Lookup Tool and continuous In-Transit Risk Monitoring that detects 16 critical risk indicators. Descartes reported first-quarter fiscal 2026 non-GAAP earnings of 41 cents per share, which fell short of the Zacks Consensus Estimate by 10.9%. Q1 revenues increased by 11.5% year-over-year, totaling $**X** million, driven by growth in global trade intelligence and freight visibility.
In March 2025, Descartes acquired 3GTMS for **$112.7 million**, enhancing its TMS capabilities. To tackle macroeconomic challenges, the company initiated a cost-reduction plan, including a **7% workforce cut** and restructuring charges of **$4 million**, aiming for annualized savings of **$15 million** upon full implementation.
