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)
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