Global logistics software group, WiseTech Global, acquires global freight rate management solution provider, Cargoguide WiseTech Global today announced the acquisition of Cargoguide, a global leader in air freight rate management solutions.
Headquartered in the Netherlands, Cargoguide provides its rate management solutions to customers across 84 countries including to DHL, Expeditors, UPS, DSV, Geodis, Panalpina, Kuehne + Nagel, Schenker, Toll and Yusen and many other leading global freight forwarders and logistics providers. Cargoguide’s direct relationship with leading air carriers (such as Emirates, Lufthansa, Delta, Air France/KLM, and Qatar) and GSAs ensures optimal, enriched and efficient access to air freight rates contracted or real-time spot rates.
Cargoguide Managing Director, Jorre Cobelens, said “Joining forces with a global leader like WiseTech enhances our ability to revolutionise rate, margin and capacity management for the freight forwarding industry. With the combined strength of our organisations, we will expand further globally and accelerate our delivery and development of high productivity rate management solutions.”
WiseTech Global CEO, Richard White, said “At WiseTech we are focused on improving productivity, quality, speed, visibility and manageability in the logistics industry and we are delighted Cargoguide is joining the WiseTech family. Combining Cargoguide’s powerful air freight rate management solution 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. We will enhance rate management capability within the CargoWise One platform, increasing efficiency, accuracy and workflow for our customers worldwide, while Cargoguide will benefit from our development strength and capacity to accelerate further multi-modal technology innovations in rate management.”
“Our vision is to provide a comprehensive global logistics execution solution for our customers capable of optimising their margins and resources while managing from the first-mile road movement, connecting to long-haul air, sea, rail and road and crossing complex borders all with improved safety and productivity through data and device integration, global visibility and system manageability. The addition of Cargoguide to the WiseTech group, along with our recent acquisitions in Brazil, Taiwan, Australasia and North America, is a further step in making this possible.”
Remaining under the leadership of Managing Director, Jorre Cobelens, and Chief Technology Officer, Iwert Cobelens, Cargoguide will continue to deliver its potent rate management solutions independently, direct to its worldwide customers, and now, also to the 7,000 logistics providers across 125 countries who utilise WiseTech’s integrated supply chain execution solutions.
WiseTech’s global integrated platform, CargoWise One, enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.
Founded in 2003, European-focused Cargoguide is a leading global air freight rate management provider providing solutions to customers in 84 countries. Headquartered in Utrecht, the Netherlands, with a team of 25 people, Cargoguide provides freight rate management for thousands of customers around the world, from small businesses, middle size international companies to departments within Fortune 500 companies. Cargoguide provides its solutions to large freight forwarders including DHL, Expeditors, UPS, DSV, Geodis, Panalpina, Kuehne + Nagel, Schenker, Toll and Yusen.
For more information about Cargoguide visit http://www.cargoguide.com
About WiseTech Global
WiseTech Global is a leading developer and provider of software solutions to the logistics execution industry globally. Our customers include over 7,000 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 44 billion data transactions annually. Our software enables our customers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, land transport and cross border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies. Our breakthrough software solutions are renowned for their powerful productivity, extensive functionality, comprehensive integration, deep compliance capabilities, and truly global reach.
For more information about WiseTech Global or CargoWise One please visit www.wisetechglobal.com