Simplifies customs operations for global freight forwarders as Mexico emerges as nearshore manufacturing location for the U.S.
SYDNEY, Australia – WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today announces it has acquired Sistemas Casa, a provider of customs and international trade software solutions in Mexico.
Founded in 1995, and headquartered in Mexico City, Sistemas Casa develops and offers a comprehensive suite of customs software solutions to automate the administrative and operational customs processes to efficiently help importers and exporters comply with Mexico’s customs regulations as part of their international trade operations. Sistemas Casa holds an authorization issued by the National Customs Agency of Mexico to provide pre-validation services of the data in customs declarations. Sistemas Casa’s customers include customs brokers who operate on behalf of global freight forwarders including DHL, UPS and FedEx and Mexico-based exporters such as Pemex – a state-owned petroleum company.
Vlad Bilanovsky, Chief Execution Officer WiseTech Global, said: “Sistemas Casa brings deep domain expertise, a highly skilled team and proven technology systems specific to Mexico’s customs processing requirements. This acquisition is another step in our strategy to provide a single global customs system for customs clearance and cross-border compliance - an increasingly complex and critical part of world trade.
“With Sistemas Casa, we will move closer to our target of 90% of global manufactured trade flows on CargoWise Global Customs. We are committed to meeting the needs of Large Global Freight Forwarders who seek a single global customs platform to make their customs processing more efficient, compliant, and secure. We are progressing toward our vision to be the operating system for global logistics,” he said.
Sistemas Casa’s operations will be integrated within the WiseTech Global group and remain under the current leadership. Sistemas Casa will continue to deliver their customs solutions directly to their customers, and offer other CargoWise solutions over time.
Edneia Chebabi, Foothold Business General Manager Americas, said: “Mexico is already the largest U.S. trading partner[1] and is growing in importance as a nearshore manufacturing location alternative to Asia. This is a critical global trade border for machinery, the automotive industry, chemicals, food products, and petroleum. Adding Sistemas Casa’s capabilities to the CargoWise global customs ecosystem will make it easier for our customers to comply with Mexico’s complex border requirements.”
[1] Federal Reserve Bank of Dallas - Mexico seeks to solidify rank as top U.S. trade partner, push further past China - Dallasfed.org