Comment / Analysis: WiseTech looks a winner if M&A activity hots up in the hi-tech arena

© Sri Rejeki

Most of my coverage of the freight and logistics industry has concentrated on transport carriers, integrators and the bigger freight forwarders, with a special focus on M&A in what is a ridiculously fragmented business.

But the growing ubiquity of IT solutions in the industry means that similar processes are at work in the software field and there are signs that Australia’s WiseTech Global could well be the next XPO Logistics, from a purely corporate strategy perspective.

There are striking similarities in their ...