{"slug": "logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million", "title": "Logistics software company Descartes Systems Group buying Tai for US$100 million", "summary": "Descartes Systems Group, a logistics and supply chain software company, has acquired Tai Software for about US$100 million. Tai, based in California, provides AI-powered transportation management services for freight brokers, including quoting, carrier sourcing, load execution, billing, and customer engagement. Descartes CEO Edward Ryan said the acquisition complements the company's strengths in carrier onboarding, compliance, fraud prevention, and real-time visibility, and sees an opportunity to help freight brokers navigate change and improve operations.", "body_md": "TORONTO — Logistics and supply chain software company Descartes Systems Group has acquired Tai Software for about US$100 million.\n\nCalifornia-based Tai provides AI-powered transportation management services for freight brokers.\n\nIt helps brokers bring together quoting, carrier sourcing, load execution, billing and customer engagement.\n\nDescartes says transportation networks are becoming increasingly dynamic and complex.\n\nDescartes chief executive Edward Ryan says Tai complements his company's strengths in carrier onboarding, compliance, fraud prevention, and real-time visibility.\n\nHe says he sees a significant opportunity to help freight brokers navigate change, streamline freight execution, improve operating margins, strengthen customer and carrier relationships, and support digital transformation.\n\nThis report by The Canadian Press was first published Aug. 24, 2026.\n\nCompanies in this story: (TSX:DSG)\n\nThe Canadian Press", "url": "https://wpnews.pro/news/logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million", "canonical_source": "https://ca.finance.yahoo.com/news/logistics-software-company-descartes-systems-115642360.html", "published_at": "2026-08-24 11:56:42+00:00", "updated_at": "2026-08-24 12:14:48.393072+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products"], "entities": ["Descartes Systems Group", "Tai Software", "Edward Ryan"], "alternates": {"html": "https://wpnews.pro/news/logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million", "markdown": "https://wpnews.pro/news/logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million.md", "text": "https://wpnews.pro/news/logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million.txt", "jsonld": "https://wpnews.pro/news/logistics-software-company-descartes-systems-group-buying-tai-for-us-100-million.jsonld"}}