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Borderlands: Canada

FreightWaves Staff Friday, October 18, 2019

Down Under Trucking: Wisetech denies J Capital claims of financial trickery

The last couple of days took a dramatic turn with U.S. short seller J Capital making explosive allegations that global logistics software behemoth, WiseTech – a A$9 billion (US$6.2 billion) company, has been seriously misleading investors. WiseTech has robustly denied these claims. In other news: CTI Logistics annual results; truck rest stops “desperately needed”.

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