WiseTech buys Sydney company SmartFreight for $55 million

By Yolanda Redrup OCT 17 2018 / Financial Review Logistics software company WiseTech Global has made its third local acquisition in the last year, buying Sydney-based transportation marketplace SmartFreight for up to $55 million. The acquisition is the 24th for the company since July 2017, as the business aims to create “mini WiseTechs” across the…

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WiseTech Global adds Datafreight to its portfolio of acquisitions

OCT 17 2018 / Air Cargo News WiseTech Global has continued its worldwide buying spree with the acquisition of LSI Sigma Software (DataFreight), a leading provider of customs, freight forwarding and warehouse management software solutions in the UK. Headquartered in Southampton, DataFreight provides integrated logistics solutions, including HMRC customs software, specialist consultancy for UK customs…

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Samsung SDS to Power World’s First Exports Customs Clearance Blockchain in Korea

Samburaj Das  17/09/2018  Blockchain News, News The Korea Customs Service (KCS) has entered an agreement with Samsung SDS to implement the latter’s blockchain technology for an export customs clearance system. Samsung SDS, the IT subsidiary and technology provider of Korea’s largest conglomerate Samsung, will develop the world’s first blockchain-based export customs logistics service for the Korea Customs Service…

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Korea Customs Authority to Test Blockchain Clearance System for Imports, Exports

Samburaj Das   17/05/2018  The Korea Customs Service (KSC) is reportedly due to test a blockchain-based system to verify data and shipments during imports and exports with over 50 companies domestically. According to the Korea Times, the KCS is developing a customs data platform powered by blockchain technology in an effort to boost enhance the efficiency…

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WiseTech Global Ltd (ASX:WTC) Acquires Two Leading European Customs Solutions Providers, ABM Data Systems (pan-Europe) and CustomsMatters (Ireland)

By Piers Shervington Dec 21 2017 / ABN Newswire Source: WiseTech Global Ltd Sydney, Australia, Dec 20, 2017 – (ABN Newswire) – WiseTech Global (ASX:WTC.AX – News) today announced two acquisitions of European customs solutions providers, both headquartered in Dublin. ABM Data Systems, a leading developer and provider of customs clearance solutions accredited for the…

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C.H. Robinson Purchases Canadian Customs Broker, Freight Forwarder

By Ari Ashe September 5 2017 / Transport Topics C.H. Robinson has acquired Montreal-based Milgram & Co. for about $50 million, enhancing the U.S. company’s customs brokerage and freight forwarding options in Canada. Milgram also provides surface transportation and warehousing services to 3,500 customers through six Canadian and one U.S. office. For the fiscal year…

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AEC 2015 will have no immediate impact…. but is extremely important for ASEAN

Given the extensive and wildly enthusiastic press coverage which greeted AEC 2015, the economic cooperation agreement between the ten ASEAN nations which came into effect on Jan 1 2016, one could be forgiven for thinking that the skies across the region would by now be being criss-crossed by eager executives of the world’s largest companies,…

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TNETS Welcomes Revamping of Cargo 2000

TNETS has warmly welcomed the recently announced intention of IATA to revamp its Cargo 2000 project. “Leaving aside the outdated name, this project badly needs reorienting so that it meets the needs of ever more demanding users of airfreight and their respective service providers,” commented TNETS founder and board director, Neil Johnson, responding to an…

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