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Descartes Systems (DSGX - Free Report) recently unveiled the Descartes MacroPoint FraudGuard platform to safeguard operations in the transportation and logistics sector in real-time. These capabilities are designed to aid companies in combating fraudulent activities commonly found in carrier information, load tracking and shipment status.
The state-of-the-art solution is now part of the Descartes MacroPoint service subscription.
Descartes MacroPoint is a multimodal visibility platform that includes advanced verification features that enable users to point out carrier and driver fraud by monitoring billions of data points on freight location and status. In addition, it effectively blocks false location tracking points and aids in managing customer interaction when frauds are encountered.
The above capabilities benefit freight brokers, third-party logistics companies (3PLs) and shippers in saving costs generated due to fraudulent activities like double brokering, stolen loads and mode switching. Also, these boost carrier scorecards and network performance, improve alliances with carriers, partners and customers and help gain their trust and reliability in case of concerns or disputes.
Moreover, carriers are able to smoothly integrate with the solution via GPS-based electronic logging devices, transportation management systems, or mobile app-based tracking methods, added Descartes. Improved data quality on the platform facilitates enhanced communication and decision-making, thereby increasing control over the supply chain.
DSGX highlighted the significance of Descartes MacroPoint in addressing cybersecurity challenges that are increasingly faced by the logistics and transportation industry. The software is a better freight visibility tool when it comes to analyzing and containing the risks associated with fraudulent activities.
Based in Waterloo, Canada, DSGX is a global provider of on-demand, software-as-a-service logistics solutions. In the fiscal fourth quarter of 2024, DSGX generated revenues of $148.2 million, up 18% year over year.
At present, DSGX carries a Zacks Rank #2 (Buy). Shares of the company have gained 11.4% compared with the sub-industry’s growth of 42.5%.
Image Source: Zacks Investment Research
Other Stocks to Consider
Pinterest (PINS - Free Report) , sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter average earnings surprise of 37.42%. In the last reported quarter, it delivered an earnings surprise of 3.92%.You can see the complete list of today’s Zacks #1 Rank stocks here.
Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. Through various innovations, it continues to dramatically improve the advertising platform, which appears to be one of the best ad platforms for consumer discretionary brands looking for ways to reach customers and stretch smaller ad budgets.
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1, delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Headquartered in White Plains, NY, Turtle Beach Corporation (HEAR - Free Report) develops and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets and mobile devices under the Turtle Beach brand.
Turtle Beach is well-positioned to benefit from quality products and enjoys a solid foothold in its served markets. Its headsets are suited for learning and working remotely via video or audio conferencing. This Zacks Rank #2 stock has a long-term earnings growth expectation of 16%. It has a VGM Score of A.
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Descartes (DSGX) Introduces MacroPoint FraudGuard Solution
Descartes Systems (DSGX - Free Report) recently unveiled the Descartes MacroPoint FraudGuard platform to safeguard operations in the transportation and logistics sector in real-time. These capabilities are designed to aid companies in combating fraudulent activities commonly found in carrier information, load tracking and shipment status.
The state-of-the-art solution is now part of the Descartes MacroPoint service subscription.
Descartes MacroPoint is a multimodal visibility platform that includes advanced verification features that enable users to point out carrier and driver fraud by monitoring billions of data points on freight location and status. In addition, it effectively blocks false location tracking points and aids in managing customer interaction when frauds are encountered.
The above capabilities benefit freight brokers, third-party logistics companies (3PLs) and shippers in saving costs generated due to fraudulent activities like double brokering, stolen loads and mode switching. Also, these boost carrier scorecards and network performance, improve alliances with carriers, partners and customers and help gain their trust and reliability in case of concerns or disputes.
Moreover, carriers are able to smoothly integrate with the solution via GPS-based electronic logging devices, transportation management systems, or mobile app-based tracking methods, added Descartes. Improved data quality on the platform facilitates enhanced communication and decision-making, thereby increasing control over the supply chain.
DSGX highlighted the significance of Descartes MacroPoint in addressing cybersecurity challenges that are increasingly faced by the logistics and transportation industry. The software is a better freight visibility tool when it comes to analyzing and containing the risks associated with fraudulent activities.
Based in Waterloo, Canada, DSGX is a global provider of on-demand, software-as-a-service logistics solutions. In the fiscal fourth quarter of 2024, DSGX generated revenues of $148.2 million, up 18% year over year.
At present, DSGX carries a Zacks Rank #2 (Buy). Shares of the company have gained 11.4% compared with the sub-industry’s growth of 42.5%.
Image Source: Zacks Investment Research
Other Stocks to Consider
Pinterest (PINS - Free Report) , sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter average earnings surprise of 37.42%. In the last reported quarter, it delivered an earnings surprise of 3.92%.You can see the complete list of today’s Zacks #1 Rank stocks here.
Pinterest is increasingly establishing a unique value proposition to advertisers that could provide a competitive advantage in the long haul. Through various innovations, it continues to dramatically improve the advertising platform, which appears to be one of the best ad platforms for consumer discretionary brands looking for ways to reach customers and stretch smaller ad budgets.
NVIDIA Corporation (NVDA - Free Report) , currently sporting a Zacks Rank #1, delivered a trailing four-quarter average earnings surprise of 20.18%. In the last reported quarter, it delivered an earnings surprise of 13.41%.
NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company’s focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms.
Headquartered in White Plains, NY, Turtle Beach Corporation (HEAR - Free Report) develops and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets and mobile devices under the Turtle Beach brand.
Turtle Beach is well-positioned to benefit from quality products and enjoys a solid foothold in its served markets. Its headsets are suited for learning and working remotely via video or audio conferencing. This Zacks Rank #2 stock has a long-term earnings growth expectation of 16%. It has a VGM Score of A.