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In the EU, every vehicle over 3.5 tons is required to have a tachograph, a device fitted to a vehicle that automatically records its speed and distance, together with the driver’s activity. Exentra’s cloud-based compliance management platform, Smartanalysis, helps customers leverage the data from a vehicle’s tachograph to comply with EU-wide legislation governing driver compliance, such as the EU working-time directive.
“The EU driver compliance legislation has been in place longer than comparable regulations in North America. In the EU, not only is every vehicle required to have tachograph hardware, but the hardware is standardized and fitted during vehicle production,” says Steve Fisher, CEO of Exentra and Director of Compliance at Descartes. “Our experience strengthens Descartes’ Routing, Mobile and Telematics suite to address the US regulatory environment, while our combined solutions also have an immediate impact on the quality and safety of route planning for our collective UK customers.”
Exentra brings thousands of UK routing-centric customers to Descartes’ Logistics Technology Platform, where more than 35,000 trading partners connect and collaborate to improve logistics operations.
Exentra is headquartered in Chippenham, England, and provides its compliance management solutions to some of the UK’s leading transportation companies. The all cash purchase price for the acquisition was GBP 10.7 million (approximately USD $17 million), with Descartes acquiring approximately GBP 0.2 million in working capital (approximately USD $0.30). wt