GLOBAL freight forwarder Wiseway Group has announced all their branches have been granted a ‘Depot Licence’ by the Department of Home Affairs under the Customs Act, with the latest one being in Perth.
With the granting of this licence, Wiseway has secured a national presence with bonded warehouse capability across the Australian mainland in Adelaide, Brisbane, Melbourne, Perth and Sydney, as well as in Auckland, New Zealand.
Wiseway’s bonded warehouse capacity in Sydney has also reportedly increased with a Depot Licence being granted at its Chipping Norton facility.
This facility is in addition to the Bankstown facility.
Chief executive and co-founder, Roger Tong, said receiving the Depot Licence was a significant achievement.
“Many of our key clients are keen to use Wiseway as a national service provider for their import business, in addition to being their national service provider for their export business,” Mr Tong said.
“Our presence in all Australian mainland capital cities will enable our clients to streamline their import processes and our dedicated imports team will assist their national needs. This will lead to greater efficiency and speed in the distribution of goods to the final consumer,” he said.
“In FY19, we saw a solid increase in inbound volumes with bonded facilities only in Sydney and Melbourne. Now, with our national presence, we can expect further growth in volumes, particularly as we continue to look to capture the accelerating trend of e-commerce platforms such as Tmall, eBay and Amazon.”
Mr Tong said they had completed all expansion projects envisioned pre-IPO with no further expansionary plans requiring significant capital outlay.
“We have established our expanded business platform over the last 15 months in order to truly diversify our income streams,” he said.
“I look forward to 2020, where we can leverage off our established infrastructure and operational footprint in Australia, New Zealand and China.”
Mr Tong said the company’s focus in Australia and New Zealand was on the opportunities driven by the rapidly evolving demand for freight services across the AsiaPacific region.
“Our strong relationships with Chinese e-commerce platforms and the continuing enhancement to services we are able to offer supports our ability to drive these growth opportunities,” he said.