Monday 22nd Oct, 2018

WiseTech acquires Canadian company

Fenix managing director Randy Snyder. Photo: WiseTech
Fenix managing director Randy Snyder. Photo: WiseTech

LOGISTICS software group WiseTech has announced the acquisition of Canadian customs management software company Fenix Data Systems.

With headquarters in Ontario, Fenix offers a range of “cloud-enabled” customs compliance systems including Customs Self Assessment functionality and CBSA direct connection.

WiseTech Global founder and CEO Richard White pointed out that border security, tariffs and cross-border clearances into and out of the US are a critical compliance component.

“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,” he said.

Fenix founder and managing director Randy Snyder said joining WiseTech would help Fenix further develop and implement next-generation customs software systems.

“The combined strength of our organisations will help make customs and cross-border compliance management in Canada much more efficient for our customers,” he said.

Fenix is to remain under the leadership of Mr Snyder and the company’s operations will be integrated within the WiseTech Global group.

Fenix is to continue delivering tis customs software directly to its own customers, along with WiseTech’s CargoWise One.

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