WiseTech Global adds SmartFreight to its acquisitions portfolio
Oct 26, 2018: Software solutions provider to the logistics sector WiseTech Global has acquired IFS Global Holdings (‘SmartFreight’), a leading parcel and LTL (Less Than Truckload) shipping software provider.
Headquartered in Sydney, SmartFreight offers multi-carrier shipping software solutions to over 3,300 customers across Australia, New Zealand, the United Kingdom, Ireland, South Africa and Asia. Its solutions address traditional bricks and mortar, B2C and B2B customers across all industries including organisations such as 3M, Mazda, Hyundai, Seiko, Epson and Pandora Jewellery, as well as transport and logistics providers such as DHL, Australia Post Group, Parcelforce, TNT, Toll Group, Aramax and Royal Mail. In Australia alone, SmartFreight processes over 50 million parcels annually.
Richard White, founder and CEO, WiseTech Global said: “As e-commerce continues its rapid exponential growth, the importance of omni-channel parcel and LTL shipping for customers, and the logistics industry globally, will increase by an order of magnitude. These adjacent markets complement those covered by our other WiseTech businesses – parcel shipping TMS provider, Pierbridge, and specialist LTL TMS provider, SaaS Transportation, while our Gartner-rated specialist WMS, Microlistics, can beneficially partner with SmartFreight for e-commerce fulfilment domestically in these crossover geographies.
“Importantly, bringing SmartFreight into the WiseTech group will also accelerate the global expansion of our next-generation CargoWise One e-commerce offering for both international and domestic e-commerce fulfilments. This innovative solution is in pilot with a major air-freight forwarder and will soon be launched globally for country-of-origin depot functionality – a great fit with SmartFreight capabilities.”
Ken Aitken, SmartFreight’s managing director said: “Joining the WiseTech Global group allows us to plug our 21 years of experience in first and last mile delivery into their leading integrated global platform, which is being continually enhanced and expanded. This is a great opportunity for us to improve and scale up our shipping solutions and grow in key markets.”
SmartFreight solutions include SmartFreight, its flagship product for shippers of all volumes, SmartFreight Tracker to provide end to end visibility and SmartFreight Tracker4Transport for own fleet shipment tracking.
Underpinning its broad selection of products is SmartFreight’s ability to route optimise shipments through the selection of the best price, service time or lowest CO2 footprint to any destination.
SmartFreight also brings seamless integrations to over 170 WMS, ERP, e-commerce and accounting platforms along with dozens of online market places, such as Shopify, Magento 2, WooCommerce and PrestaShop to facilitate order fulfilment and tracking.
Remaining under the leadership of Ken Aitken, SmartFreight will continue to work with its partners to deliver innovative parcel shipping solutions to shippers worldwide. SmartFreight will also have access to the 8,000 logistics providers across the world who utilise WiseTech’s integrated supply chain execution solutions.
Across 130 countries, CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, tracking, land transport, e-commerce, and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.
This transaction follows WiseTech’s other recent logistics solutions acquisitions in Argentina, Australasia, Belgium, Brazil, Canada, France, Germany, Ireland, Italy, the Netherlands, North America, Spain, Taiwan, Turkey and Uruguay, and is in line with WiseTech Global’s clearly stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions.
You may also like:-
India’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has witnessed movement of 72000 tonnes of general cargo in the April-August period.
The airline continues to gradually and safely restore its network, delivering on its health and safety promise as it responds to growth in passenger demand across the globe.
All of them are certified by the IATA CEIV Pharma or by the British MHRA, making them benchmark operations in the Swissport network.
The airline’s variety of fuel-efficient efficient aircraft and strategic network management has enabled it to quickly resume flights and expand services in line with passenger demand.
As Boeing's first chief sustainability officer, Raymond will be responsible for further advancing Boeing's approach to sustainability that is focused on environmental, social and governance priorities, stakeholder-oriented reporting and company performance.
Eastern Airlines has roped in Mike Duggan as director of International Cargo Business Development. Duggan will also be responsible to lead and support the carrier’s move into freighter operations.
Amid over 18 per cent and 19 per cent drop in the overall market tonnage and FTK (freight tonne-kilometres), respectively, the Group managed to hold on to 5 per cent and 10 per cent decrease.
The announcement on September 16 was welcomed by the country’s beleaguered airline sector, which has been lobbying for months for the reopening of international travel.
From a more efficient baggage-handling system that accommodates luggage of all sizes and shapes so skis don’t need to be dropped off at a special coun
The company has been well established for many years in both countries through network partnerships and decided to open its own offices in each location to offer customers a full spectrum of multi-modal services.
FAA approval officially enables reciprocal EASA (European Aviation Safety Agency) approval, which is anticipated in the very near future.
The global rollout of CargoWise across a. hartrodt operations in Asia, South and North America, Oceania and Europe, will be a staged process with completion by March 2023.
The hospital which included generators, tents, HEPA filters and medical equipment, can facilitate up to 200 people to receive potential lifesaving treatment.