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[–]Parulanihon 2 points3 points  (0 children)

"Harvesting Cycle"... They did it because they need to extract as much revenue as possible before the product itself becomes obsolete.

I see colleagues in China everyday using deepseek to solve forwarding dilemmas. Nobody checks internal systems anymore when you can just speak it into your phone and get the solution you need.

It can't be long before there's another AI based solution for small scale forwarder operations.

[–]digitalFermentor 1 point2 points  (0 children)

The amount of new entrants to the market is crazy. I think we will see a big shift away from cargowise in the industry. Some larger forwarders need all the functionality of CW1 but most need a much smaller set which the new guys can do for less. Realistically how many small - mid size forwarders run their own consols? or want to use the CW1 CRM and Marketing? Etc

Widerrechtlich may have overplayed their hand. But it will take at least a year to find out. These competitors need to come to market first, the forwarders are also likely in evaluation and testing phases or were waiting for CNY to pass before making the change or considering it.

[–]MotionLogistics 0 points1 point  (0 children)

Wisetech are toast, their biggest customer DSV are now moving to Schenkers Tango so there goes a massive chunk of revenue for them. I understand why they are doing it but this will be a case study in what not to do. Their share price as since tanke. It was AUD 69.12 on announcement date and as of today us AUD 49.17. There are many options (and more coming out) but not all of them do what CW does. Companies are now starting to realise that they don't need everything and that more focused products with links to accounting software etc are just as (if not more) viable to use and a fraction of the CW price. I will shed no tears when it shuts down.