WiseTech Global announces ninth acquisition for 2017

Sydney-based logistics software company, WiseTech Global, has acquired Warehouse Management System (WMS) provider, Microlistics, for $40 million, expanding its e-commerce capabilities.
“With the impact of e-commerce and advances in automation, warehouse management is an increasingly complex and specialised part of the international supply chain,” said WiseTech Global CEO, Richard White.
“The combined strength of WiseTech’s global innovation capabilities and our CargoWise One supply chain execution platform integrated with Microlistics’ powerful warehouse solutions for enterprise, express, third party logistics and cold storage will provide significant benefit to logistics providers.
“WiseTech is uniquely well-placed to deliver the technology convergence and deep integration necessary to facilitate omnichannel, multimodal movements across the supply chain ¬– of which warehousing is a critical component,” he said.
Microlistics Founder and Managing Director, Mark Dawson, said that joining the WiseTech Global Group is a key part of its evolution.
“With the global strength and powerful innovation capability of WiseTech, and our WMS expertise, together we will accelerate development of high productivity WMS to bring significant new benefits to the logistics industry,” said Dawson.
“Microlistics will remained focused on warehouse management solutions and we can leverage WiseTech’s global reach, resources and the CargoWise One platform, which for our customers will mean the opportunity for end-to-end execution, control and visibility of the supply chain,” he said.
Microlistics will reportedly continue to develop and deliver its warehouse management solutions with Dawson at the helm to its worldwide customers, and potentially to the 7,000 logistics providers across 125 countries that use WiseTech’s integrated supply chain execution solutions.
According to the Australian Financial Review, Microlistics made $6.8 million revenue in 2016-17, and WiseTech reported $153.8 million in revenue for the same period – spending $50.4 million on research and development.

WiseTech Global to buy WMS provider Microlistics

Mark Hall of WiseTech Global on the left with Mark Dawson of Microlistics on the right.

WiseTech Global has acquired Microlistics, a provider of warehouse management systems encompassing enterprise, express, cold storage and-third party logistics.
Microlistics has customers across Asia-Pacific, North America and the Middle East, including Linfox, Mitre 10, ESAB, Thomas Foods International, Berli Jucker Logistics, Spotlight Retail Group, Brand Collective, Concept Logistics, Nick Scali, Russell Corporation, TT Logistics, TNT Express Logistics, and many other supply chain organisations.
WiseTech Global CEO Richard White said: “With the impact of ecommerce and advances in automation, warehouse management is an increasingly complex and specialised part of the international supply chain.
“WiseTech is uniquely well-placed to deliver the technology convergence and deep integration necessary to facilitate omni-channel, multi-modal movements across the supply chain, of which warehousing is a critical component. Ultimately, the native embedding of Microlistics WMS solutions into our integrated CargoWise One platform operating across 125 countries will substantially increase productivity for local and global logistics providers and their customers.”
Microlistics founder and managing director Mark Dawson said: “Joining the WiseTech Global group is a key part of our evolution. With the global strength and powerful innovation capability of WiseTech and our WMS expertise, together we will accelerate development of high productivity WMS to bring significant new benefits to the logistics industry. Microlistics will remained focused on warehouse management and we can leverage WiseTech’s global reach, resources and the CargoWise One platform, which for our customers will mean the opportunity for end-to-end execution, control and visibility of the supply chain.”
Remaining under the leadership of Mark Dawson, Microlistics will continue to develop and deliver its warehouse management solutions directly to its worldwide customers, and potentially to the 7,000 logistics providers across 125 countries who utilise WiseTech’s integrated supply chain execution services.

WiseTech Global launches border compliance engine

Sydney-based logistics software provider WiseTech Global has announced the launch of border compliance engine BorderWise, for customs brokers, legal and other trade professionals.
BorderWise brings together a range of border compliance data, law and regulation, with an advanced search functionality to help users minimise customs duty and mitigate the risks associated with customs non-compliance for themselves and their import and export customers in the countries involved.
“Growing complexity in world trade continues to put pressure on the supply chain, and efficient border compliance is critical,” said Richard White, CEO, WiseTech Global. “We are creating the data sets and building powerful new technologies to address productivity, costs and risk mitigation in customs compliance.”
“With increasing challenges in addressing border regulation, ensuring compliance is fraught with risk,” said Sue Danks, Director of Sue Danks Tariff Consulting and Vice Chair of CBFCA, who has assisted in the development of BorderWise. “Requirements keep changing as new legislation and policy changes keep rolling out, while data can be convoluted, difficult to interpret and hard to access efficiently. On top of that, not all customs authorities agree on the interpretation or classification of certain goods, and those opinions change, often with little or no notice to industry.
“Most countries have numerous, sometime hundreds, of items of customs legislation or policy documentation, and therefore managing customs compliance is a growing and evolving challenge for customs brokers and self-reporting importers, especially in an environment where serious penalties are issued for non-compliance or duty short-payments.
“In my opinion, Australian customs brokers are highly trained and skilled, but in a time of increased regulatory inspections and a penalty regime we all need all the assistance we can to provide advice that is timely and accurate.”
For now, BorderWise launched in Australia for Australian customs on 1 December 2017, and is expected to be released in the United States, Canada, Mexico, the EU, New Zealand, Singapore, South Africa and the United Kingdom by the end of 2017.
During 2018, BorderWise will be offered in Brazil, China, Germany, Italy and Taiwan.

WiseTech Global acquires rate management solution providers

New South Wales–headquartered global logistics software group, WiseTech Global has acquired two global rate management solution providers – Netherlands-based provider of global air freight rate management solutions, Cargoguide, and US-based provider of global ocean freight rate management solutions, CargoSphere.
Cargoguide services customers across 84 countries, including DHL, Expeditors, UPS, DSV, Geodis, Panalpina, Kuehne + Nagel, Schenker, Toll and Yusen. and many other leading global freight forwarders and logistics providers.
CargoSphere services more than 100 customers including Kuehne + Nagel, Dachser, NNR Global Logistics, M+R Spedag, Livingston International.
“At WiseTech we are focused on improving productivity, quality, speed, visibility and manageability in the logistics industry and we are delighted Cargoguide and CargoSphere are joining the WiseTech family,” said WiseTech Global CEO, Richard White. “Combining their powerful air and ocean freight rate management solutions with the strengths of the WiseTech Global group and our leading integrated global execution platform, CargoWise One, will be a step forward for the freight forwarding industry.
“Both solutions will enhance existing rate management capabilities within CargoWise One, increasing efficiency, accuracy and workflow for our customers worldwide, while our innovation strength and development capacity will further accelerate multi-modal rate management developments. This will ultimately create a pathway to the deeper automation necessary to substantially increase productivity for freight forwarders grappling with exponential increases in volumes and margin pressure.”

Bumper acquisition week for WiseTech Global

Sydney-based logistics software provider WiseTech Global has recently made three major acquisitions, bringing Australasian land transport solution provider CMT Transport Solutions, Australasian specialist tariff compliance solutions provider Digerati and Taiwanese forwarding and customs solutions provider Prolink under its umbrella.
CMS provides its flagship Transport Management System (TMS), Freight 2020, to over 130 corporations including ABC Transport, SRT Logistics, McColls Transport, Richers Transport, Cahill Transport, Secon Freight Logistics, K&S Group, Greyhound Freight, John L Pierce Transport and many large road and freight transport houses in Australia and New Zealand.
WiseTech Global CEO, Richard White, said: “WiseTech Global has been investing research and development resources into machine learning, natural language processing, robotic process automation and guided decision tools. We will be working with the talented CMS team and our customers as we progress our Land Transport and integrated Telematics development pipeline for the next generation of road and freight solutions.”
CMS Managing Director, Robert Mullins, said: “Joining WiseTech, the market leader with scale and capacity to accelerate innovation, allows us to combine our vision and deliver on a product roadmap utilising CMS’s decades of road freight industry knowledge.”
Remaining under the leadership of Managing Director, Robert Mullins, and General Manager, Grant Walmsley, CMS operations will be integrated within the WiseTech Global group.
Digerati provides its Inbound, Outbound, TradeWiseNZ and iClear Online compliance solutions to over 140 corporations including DHL, Expeditors, FedEx, Panalpina, Schenker, UPS, Yusen and many of the largest brokerage and logistics houses in Australia and New Zealand.
WiseTech Global CEO, Richard White, said: “We will be utilising the Digerati data set and customer experiences in our development pipeline for the next generation of border compliance, aimed at substantially increasing timely, accurate and complete customs entries for our customers, to better manage the exponential increase in transactions at the border.
“With the advent of global border initiatives such as Trade Single Window, Trusted Trader, Known Shipper, C-TPAT, AEO and Supply Chain Security and an ever-increasing critical need to secure borders and ensure that international trade is both safe and efficient, the work we are doing is vital to the next generation of cross-border compliance.”
Prolink provides its automated customs compliance and forwarding solutions to over 350 corporations including DHL, UPS, Yamato, Morrison, Hellmann, Hankyu Hanshin, Dolphin, Evergreen, Pacific Star, THi, Leader-mutual, OEC and many of the largest logistics service providers in Taiwan and China.
WiseTech Global CEO, Richard White, said “Given Prolink’s leading position in customs and forwarding solutions across Taiwan and their successful expansion into China and Hong Kong, we are pleased to welcome the Prolink team to the growing WiseTech Global family. Acquiring Prolink’s competitive leadership, market knowledge and cross-border compliance expertise in Taiwan and China gives us additional regional strength to accelerate our growth throughout Asia.”
Remaining under the leadership of President, Paul Lin, and General Manager, Glendy Kuan, Prolink operations will be integrated within the WiseTech Global group.
 
 

WiseTech Global acquires German customs solution provider, znet

WiseTech Global, a logistics software group founded in Sydney with offices in Australia, China, New Zealands, Singapore, South Africa, United Kingdom and the United States, has recently acquired znet group, a provider of customs solutions across Germany.
Founded in 1997 and headquartered in Wiesbaden, znet provides automated customs solutions to over 500 customers including Abbott, Lufthansa Technik AERO Alzey, Nippon Express and UPS.
“WiseTech and znet possess a shared commitment to provision of high productivity logistics execution solutions to the German-speaking and broader European markets.” said WiseTech Global CEO, Richard White. “We welcome the znet team to the WiseTech Global family and will work together to deliver even better solutions for customers.”
znet CEO Werner Tholl added, “At znet, we have a long track-record of innovation, having worked extensively on the development of automated customs system with ATLAS connection and pioneered mobile customs handling in Germany. Now as part of the WiseTech Global group we will be able to accelerate our innovation and provide more powerful and extensive capabilities for customers.”
Remaining under the leadership of CEO and former customs officer Tholl, znet operations will be integrated within the WiseTech group. znet will continue to deliver its zara, zafir and zecur products in Germany and all customers will be able to access WiseTech’s CargoWise One global logistics execution platform.
 

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