WiseTech Bull Sees Significance in Hapag Lloyd Partnership -- Market Talk

Dow Jones
Feb 11

2359 GMT - WiseTech Global's bull at Macquarie thinks that the logistics-software provider's pilot program with Hapag Lloyd is more significant than it appears. WiseTech didn't announce the partnership to the ASX as a material development, but a note from one of Macquarie's analysts argues that partnering with the container-shipping provider strengthens the Australia-listed company's relationship with the most critical part of the logistics value chain. This is a stepping stone to the building of a multi-sided marketplace, the note says. The note adds that Maersk and Hapag Lloyd share vessels, which indicates a route for extending the pilot. Macquarie has an outperform rating and A$94.00 target price on WiseTech shares, which are down 0.7% at A$50.23. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

February 10, 2026 18:59 ET (23:59 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10