• ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,948.420
    108.680
    0.7%
  • OTLT.USA
    2.798
    -0.001
    0%
  • OTRI.USA
    22.010
    -0.060
    -0.3%
  • OTVI.USA
    15,936.600
    100.010
    0.6%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American Shipper

WiseTech buys Norwegian customs solutions provider

Oslo-based Systema part of “global geographic foothold strategy.”

   WiseTech Global on Friday announced the acquisition of Systema AS, a customs management solutions provider in Norway. 
   Headquartered in Oslo, Systema offers customs and logistics management solutions from its core software platform SYSPED to customers in Norway, Denmark and Sweden. Customers include DACHSER, DHL, DSV, Norsk Trailer Express, Schenker and PostNord. 
   “Systema’s valuable customs and cross-border expertise will deepen our footprint in the Nordic region’s three largest markets — Norway, Denmark and Sweden,” said Richard White, founder and CEO of WiseTech Global.  
   “This is a further step in our global geographic foothold strategy, expanding WiseTech’s lead in customs clearance and border compliance, which continues to grow in importance for world trade,” White said. “This transaction follows our recent acquisition of CargoIT, a leading customs management solutions provider in Sweden, and our European foothold acquisitions in Belgium, Germany, France, Ireland, Italy, Netherlands, Spain and Turkey.” 
   WiseTech has made more than two dozen acquisitions since January 2017, including three in October alone: CargoIT in Sweden, SmartFreight in Australia and DataFreight in the U.K.
   Systema CEO Birgit Vegheim (pictured above right) said, “We have been helping our customers enhance their cross-border compliance operations for over 30 years and now, by joining WiseTech, we can leverage its global development capacity in what is an exciting next step for us. 
   “High-productivity logistics solutions drive significant benefits for our customers, who we will continue to work closely with across the region,” Vergheim said.
   Remaining under the leadership of Vegheim and founder Svein Huse (pictured above left), Systema’s operations will be integrated within the WiseTech Global group. Systema will continue to deliver its logistics management solutions directly to its own customers, along with CargoWise One, which enables logistics service providers to execute complex transactions across 130 countries. 

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.