Global logistics software group, WiseTech Global acquires Australasian land transport solution provider, CMS
14 August 2017 WiseTech Global today announced the acquisition of CMS Transport Systems (CMS), a leading provider of integrated road transport and logistics management systems across Australia and New Zealand.
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: “With the explosion in e-commerce driving exponential growth in ‘fast mile’ transport volumes, speed and complexity, the mounting margin pressures, regulatory burden and demand for land transport logistics services requires deep integration, automation and order-of-magnitude increases in productivity to address the challenges.”
“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’ decades of road freight industry knowledge. Their resources and technology will enable us to take integrated land transport solutions to a new level resulting in a profound and positive impact on our customer base, the Australian road freight industry, and ultimately road freight logistics internationally.”
Remaining under the leadership of Managing Director, Robert Mullins, and General Manager, Grant Walmsley, CMS operations will be integrated within the WiseTech Global group. The CMS team will continue to deliver its flagship product, Freight 2020 in Australia and New Zealand and, over time, WiseTech’s global logistics execution platform, CargoWise One.
WiseTech Global CEO, Richard White said: “As with our targeted acquisitions in Germany, Italy, Brazil and Taiwan earlier this year, and our recent Digerati transaction, bringing CMS into the WiseTech group accelerates our ability to improve the timeliness, accuracy, and completeness of logistics solutions for our customers to better manage complexity, growth, costs and regulatory burden. Each new geography and adjacency we acquire adds a valuable point on our strategic map, accelerates the network effects and makes CargoWise One even more compelling to local and global logistics providers and their customers.”
Across 125 countries, CargoWise One enables the execution of highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross-border compliance and for logistics service providers to manage their operations on one database across multiple users, functions, countries, languages, and currencies.
About WiseTech Global
WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 6,000 of the world’s logistics companies across more than 125 countries. Our flagship product, CargoWise One, forms an integral link in the global supply chain and executes over 34 billion data transactions annually. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.
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