WiseTech Global's bull at Jefferies reckons it will be about six years before global freight forwarder DSV can stop using the Australian company's CargoWise platform. The Danish company says it plans to bring its transport management in-house, but analyst Roger Samuel says it first needs to upgrade its operations. He tells clients in a note that this could take two years, with another four needed to transition users. Samuel estimates that DSV contributes about 9% of WiseTech's revenue, and about 10% of its Ebitda. Pressure on WiseTech's share price is likely, Samuel adds. Jefferies has a last-published buy rating and A$72.00 target price on the stock, which is at A$39.80 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

May 12, 2026 19:13 ET (23:13 GMT)

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