WiseTech Global (ASX:WTC) has signed a non-binding memorandum of understanding with US-based logistics company ELM Global to support the digital transformation of Saudi Arabia’s logistics sector.
The agreement, signed at the Saudi Supply Chain and Logistics Conference 2025 on Dec. 13, 2025, and approved by WiseTech Global CEO Vlad Bilanovsky, will see the partners leverage modern technologies to jointly develop advanced logistics solutions aimed at improving efficiency, operational performance and customer service across the sector.
The collaboration focuses on closer systems integration and the creation of sustainable, value-adding digital capabilities to support Saudi Arabia’s logistics ambitions.
Bilanovsky said Saudi Arabia presents "significant opportunities for growth and development" in logistics, adding the partnership will explore innovative technology to accelerate the sector's digital transformation.
At the time of reporting, WiseTech Global's share price was $66.94.