Sydney, Feb 10, 2026, 17:42 AEDT — After-hours
- WiseTech Global finished Tuesday’s session up 2.6% at A$50.59. 1
- Hapag-Lloyd is set to pilot IoT container tracking with the company, sending real-time shipment updates directly into CargoWise. 2
- WiseTech will release its half-year results Feb. 25. 3
Shares of WiseTech Global Ltd (ASX:WTC) finished Tuesday at A$50.59, rising A$1.29, or 2.6%. The logistics software company announced it’s kicking off an Internet-of-Things container tracking trial with Hapag-Lloyd, the shipping line. 4
The deal comes as investors rethink valuations for software-as-a-service stocks, following a steep downturn sparked by worries that so-called “agentic” AI tools—software capable of acting autonomously across different platforms—might erode the edge of established players. Macquarie, though, thinks concerns about WiseTech facing AI-driven upheaval are overblown, FNArena reported. 5
Australia’s S&P/ASX 200 slipped 0.03% to finish at 8,867, with tech stocks weathering the session’s volatility better than most. The information technology sub-index had plunged more than 44% from its September 2025 peak down to last Friday’s low, but dip buyers jumped in—spurred by a second consecutive gain for the Nasdaq 100, according to IG. 6
WiseTech wasn’t the only one on the move. Shares in NextDC, Xero, Life360 and Technology One also pushed higher by midday, lifting the tech index roughly 2%, Market Index’s live blog showed. 7
WiseTech and Hapag-Lloyd are teaming up on a trial that taps into Hapag-Lloyd’s full fleet—some 2 million containers equipped with IoT sensors—to feed frequent location updates straight into WiseTech’s CargoWise platform. “The industry has relied on discrete and often inaccurate event updates,” Chief Executive Zubin Appoo said. Hapag-Lloyd’s Karsten Schmidt pointed to growing customer demand for “actionable predictive insights rather than just dots on a map.” Their new “Live ETA” tool, according to both companies, could boost delivery-time accuracy by as much as 75% for Hapag-Lloyd’s end-to-end shipments. 8
WiseTech, known for its software that helps logistics companies handle freight and customs processes, has seen its shares swing sharply in the wake of the tech sector shakeout. The stock has dropped roughly 10% from its close seven days back, and it’s trading well below where it stood a year ago. 9
Even so, this is just a pilot—turning it into reliable revenue could take a while. Should customers hesitate, or if management sounds wary in the next outlook, that rebound might not stick around for long.
WiseTech’s half-year numbers drop Feb. 25. Investors are zeroed in on demand trends, cost pressures, and any word on scaling up new offerings—especially the Hapag-Lloyd integration, which is still at the pilot stage. 10
