WiseTech Shares Hit Again as DSV CargoWise Exit Tests AI Growth Story
WiseTech Global shares slid for a second day running as DSV, among the world’s biggest freight forwarders, said it’s moving off WiseTech’s CargoWise platform, opting instead for its own Tango and Star systems. Shares ended Wednesday at A$38.53, down 3.2%, following Tuesday’s 5.9% drop, according to exchange data from StockAnalysis. In just two sessions, the logistics software company has tumbled roughly 8.9%.
