Wednesday 24th Oct, 2018

WiseTech secures its piece of American pie

SaaS Transportation's Ken Pehanick (managing director) and Ilango Namasivayam (chief operating officer) Photo: WiseTech
SaaS Transportation's Ken Pehanick (managing director) and Ilango Namasivayam (chief operating officer) Photo: WiseTech

US TRANSPORT management solutions provider, SaaS Transportation, is the latest business to be hoovered up by an acquisitive WiseTech Global.

SaaS Transportation specialises in the ‘less than truckload’ (LTL) shipping division, which really means the movement of relatively small freight consignments.

According to a joint statement, SaaS Transportation provides LTL and logistics transportation management solutions to third party logistics companies and shippers including integrated quoting, booking and tracking.

WiseTech Global founder and chief executive Richard White said the US road transport industry within the ‘Less than Truckload’ sector was “a sizeable market”.

“Adding specialist provider SaaS Transportation, which has connections to over seventy US LTL carriers, valuable market knowledge and US LTL road rate capabilities, to the WiseTech Global group fits into our adjacency acquisition strategy,” Mr White said.

“[It] will extend our road booking and road rates offering to our customer base.”

SaaS Transportation managing director Ken Pehanick said they were pleased to join WiseTech “as it brings to us a global infrastructure and significant innovation capacity that will help us accelerate our product development and expand our customer reach”.

Remaining under the leadership of Ken Pehanick, SaaS Transportation is expected to continue to develop and deliver LTL shipping solutions to US customers as well as overseas through the WiseTech network.

This deal follows WiseTech’s other recent logistics solutions acquisitions in Europe, North America, South America and Asia.





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