WiseTech Global is a leading provider of software solutions for the logistics industry, offering innovative products that enhance supply chain efficiency. With a strong global presence, the company is known for its flagship product, CargoWise, which integrates various logistics functions into a single platform, providing a unique value proposition to freight forwarders and logistics providers.
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Shorted
short percentage4.84%
reported shorts16.3M
shares on issue336.036M
Industry & Focus
Software
Logistics
Innovation
Global
Technology
Company Overview
AI-generated company summary
WiseTech Global is a leading provider of software solutions for the logistics industry, offering innovative products that enhance supply chain efficiency. With a strong global presence, the company is known for its flagship product, CargoWise, which integrates various logistics functions into a single platform, providing a unique value proposition to freight forwarders and logistics providers.
Company History
Founded in 1994, WiseTech Global has grown from a small startup into a major player in the logistics software industry. The company went public on the ASX in 2016, marking a significant milestone in its expansion. Over the years, WiseTech has acquired numerous companies to enhance its product offerings and expand its global footprint, solidifying its position as a leader in logistics technology.
Competitive Advantages
WiseTech Global's competitive advantages include its comprehensive and integrated logistics platform, CargoWise, which streamlines operations for logistics providers. The company's strong focus on innovation and continuous product development keeps it ahead in the rapidly evolving logistics technology market. Additionally, its global reach and strategic acquisitions have expanded its market presence and capabilities.
Risk Factors
•Market competition from other logistics software providers
•Dependence on global trade volumes
•Potential cybersecurity threats
Recent Developments
Last 6 months
In January 2026, WiseTech Global announced an AUD$8.7 million sponsorship of KIK Innovation to promote coding skills among students through Grok Academy. The company also reported a collaboration with Tailwind Shipping Lines to enhance ocean shipment management using CargoWise.
Key People
Leadership team at Wisetech Global
RW
Richard White
CEO
Richard White is the founder and CEO of WiseTech Global, leading the company with a vision to transform global logistics through technology.
AC
Andrew Cartledge
CFO
Andrew Cartledge serves as the CFO of WiseTech Global, overseeing the company's financial strategy and operations.