0041 GMT - Macquarie analysts see risk that some of WiseTech Global's freight-forwarder customers could take their business elsewhere in an effort to cut costs. With the Australian company rolling out a new commercial model, the analysts tell clients in a note that key customers are concerned about WiseTech's dominant market position and price increases. They warn that freight forwarders may not be willing to spend with WiseTech on incremental products, and could look to other vendors for certain functions. This could affect take-up of WiseTech's new products, they add. Macquarie is under research restrictions on the stock. Shares are up 2.0% at A$109.80. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
June 26, 2025 20:41 ET (00:41 GMT)
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