Business, Forwarding, Freight News, IT, Logistics

Wisetech to acquire UK’s Datafreight

[ October 19, 2018   //   ]

Global logistics software group, WiseTech Global, has acquired UK  logistics management software provider, LSI Sigma Software, better known as DataFreight.

Headquartered near Southampton, DataFreight provides services including HMRC customs software, specialist consultancy for UK customs compliance and freight forwarding solutions along with warehousing management for bonded and un-bonded warehouses in the UK.

WiseTech global founder and chief executive Richard White, said “Regardless of whether the outcome is a hard or soft border for Brexit, WiseTech is uniquely placed to facilitate trade and deliver cross-border compliance for logistics providers in the UK and Europe. With DataFreight, we will continue to expand our lead in cross-border capability geographically, further strengthening our local market capacity to move swiftly ahead of UK and EU regulatory evolution.”

He sees Datafreight’s UK customs capability as valuable while the outcomes of Brexit are determined, adding that its team would fit well within the WiseTech group.

DataFreight’s co-founder and managing director, Ian Brown, said: “Becoming part of a leading global group like WiseTech will help us fast-track our product innovation that will make cross-border compliance, forwarding and warehousing management in UK, and internationally, safer, quicker and more efficient for our customers.”

Under the continued leadership of Ian Brown, DataFreight’s operations will be integrated within the WiseTech Global group and DataFreight will continue to deliver its customs management solutions directly to its own customers, along with WiseTech’s integrated global logistics platform, CargoWise One.

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