Bumper acquisition week for WiseTech Global

Wisetech

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.