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WiseTech Global acquires Canadian customs provider

  • Posted on Tuesday 12th, June 2018.

Logistics software company, WiseTech Global, has announced the acquisition of Ontario-based customs management solutions provider, Fenix Data Systems.

Fenix reportedly provides a range of cloud-enabled customs compliance solutions for customers such as DHL Express, Farrow, ITN Logistics and Swissport Cargo Services.

“Border security, tariffs and cross-border clearances into and out of the US are a critical compliance component,” said WiseTech Global Founder and CEO, Richard White. “Fenix brings deep customs and border technical expertise, with a specialised focus on cross-border road and rail movements, into the WiseTech Global group adding further expertise, volume and strength to our US Canada cross-border solution.”

“Joining a global leader like WiseTech will help us further develop and implement next-generation customs solutions,” said Fenix Founder and Managing Director, Randy Snyder. “The combined strength of our organisations will help make customs and cross-border compliance management in Canada much more efficient for our customers.”

Remaining under the leadership of Randy Snyder, Fenix’s operations will be integrated within the WiseTech Global group and Fenix will continue to deliver its customs software solutions directly to its own customers, along with CargoWise One.

According to WiseTech, CargoWise One enables logistics service providers to execute highly complex transactions in areas such as freight forwarding, customs clearance, warehousing, shipping, tracking, land transport, ecommerce, and cross-border compliance and to manage their operations on one database across multiple users, functions, countries, languages and currencies.

This transaction follows WiseTech’s other recent logistics solutions acquisitions in France, Belgium, Ireland, North America, Australasia, Italy, Germany, Turkey, the Netherlands, Argentina, Brazil, Uruguay and Taiwan, and is in line with WiseTech Global’s clearly stated strategy of accelerating long-term organic growth through targeted, valuable acquisitions.

(Image: Fenix Founder and Managing Director, Randy Snyder.)

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