Photo via FreightWaves
Descartes Systems Group announced the acquisition of Drivin, a Santiago, Chile-based last-mile delivery solutions provider, for $30 million, according to FreightWaves. The deal represents the company's continued investment in expanding its portfolio of logistics and supply chain management technologies.
Last-mile delivery remains a critical and costly segment of the shipping industry, as packages move from distribution centers to final destinations. By acquiring Drivin, Descartes aims to enhance its capabilities in this high-demand area, integrating the Chilean firm's expertise with its existing software platform for customers managing complex final-delivery operations.
The acquisition underscores ongoing consolidation in the logistics technology sector, as larger software providers seek to broaden their service offerings and geographic reach through strategic purchases of specialized delivery platforms.
