WiseTech Global Ltd.ASX: WTC

WiseTech Global: CargoWise integrates with PortConnect NZ Port Community System enabling more efficient landside container movements

· Issued by WiseTech Global Ltd.

Summary by 6ix AI

WiseTech Global, a developer of logistics software, and PortConnect, an online platform in New Zealand that shares information across the shipping container supply chain, have set up a direct data integration that feeds PortConnect's container movement event data into WiseTech's CargoWise logistics platform.

Key details

  • PortConnect is a digital platform jointly owned by the Port of Auckland and Tauranga. It serves as a single point of access for dealing with participating ports including Northport, Port of Auckland, Port of Tauranga, Lyttelton Port Company, CentrePort Wellington and Timaru Container Terminal, including their inland ports.
  • PortConnect adds 30 different types of container event data, such as container discharge from a vessel, container released and available, Customs or Ministry for Primary Industries clearance status, truck gate-in and gate-out, and loading onto a departing vessel.
  • PortConnect pushes these container event updates to CargoWise, updating a container's status. Data from carriers about incoming containers is typically at the vessel level.
  • The companies say the more detailed data lets freight forwarders plan movements between the quayside and landside to avoid delays and inefficient truck movements, such as planning around the Last Free Day of storage to avoid demurrage fees (charges for containers staying past that day).

6ix AI wrote this summary from the release below and checked it against the release.

Container level data and connectivity help derisk quay-landside movements

MEDIA RELEASE: WiseTech Global (ASX:WTC), a leading developer of logistics execution software and supply chain technology, and PortConnect, New Zealand's first comprehensive online port community system, announced a direct data integration with CargoWise, providing a more timely, accurate and complete view of container movement event data in the port environment.

PortConnect is a digital platform jointly owned by the Port of Auckland and Tauranga, designed to streamline, standardize and provide near real time visibility of the flow of information across the shipping container supply chain in New Zealand. It serves as a single point of access for shipping lines, transporters, importers, exporters, freight forwarders, and regulatory authorities for dealing with the participating ports including Northport, Port of Auckland, Port of Tauranga, Lyttelton Port Company, CentrePort Wellington and Timaru Container Terminal including their inland ports.

Integrating container event data from the PortConnect port community system into CargoWise gives CargoWise users a granular view of quayside and landside container movements within the logistics execution platform. Data from carriers about incoming containers is typically at the vessel level. PortConnect adds 30 different types of container event data, capturing the many container movements that take place within the port environment such as container discharge from a vessel, container released and available, Customs or Ministry for Primary Industries clearance status, truck gate-in and gate-out, and loading onto a departing vessel. PortConnect pushes these container event updates to CargoWise, updating a container's status. The more granular details allow freight forwarders to plan their quayside-landside movements to avoid the risk of delays and inefficient truck movements such as planning around the Last Free Day of storage to avoid demurrage fees.

David Knowles, Customer Relationship Manager, PortConnect said: "PortConnect is designed to support collaboration across the port community for more efficient supply chain interactions through data sharing and connectivity. Integrating our data into CargoWise brings together vessel and container data enabling our customers to more efficiently manage their landside movements, as part of their wider supply chain."

Stuart Hayman, Head of Carrier Integration and Transformation, WiseTech Global said: "The port environment involves multiple stakeholders in a complex web of container movements - freight forwarders, customs brokers, ports, terminals, shipping lines, importers and exporters plus connections to road and rail transporters. Each movement impacts the downstream supply chain. The PortConnect NZ online port community streamlines the flow of information about those movements. By integrating that event data into CargoWise, container events and vessel schedules are brought together. Freight forwarders using CargoWise now have access to near real time information in the port environment so that they can plan and execute transport moves more efficiently, while reducing costs from delays and demurrage fees."

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