This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ transportation management solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in
the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities regulatory authorities across Canada including Descartes’ most recently filed annual and interim management’s discussion and analysis which are available under Descartes’ profile through the EDGAR website at http://www.sec.gov or through the SEDAR+ website at http://www.sedarplus.com/. If any such risks actually occur, they could, among other consequences, materially adversely affect our business, financial condition or results of operations. In that
case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.
Descartes, AuditLog, transportation management solution, carrier selection, regulatory scrutiny, transparency, audit trail
So basically they added tracking so carriers can’t pull shady stuff right?
I don’t get why this is in the news, but “transparent carrier picks” sounds like they’re making it harder to rig who gets the routes. Also that forward-looking statement stuff is always a red flag lol.
Wait, isn’t AuditLog like that thing police use? I mean audit logs… so are they spying on drivers or something? The article reads like corporate legal text, so I’m guessing it’s not even about customers.
“Descartes adds AuditLog tools” sounds like a software update but they’re talking about stock price going down?? That’s weird. If they’re being transparent, why would the trading price decline “perhaps materially” like… doesn’t transparency help? Sounds like typical press release wording to me.