Descartes announced the acquisition of inventory and order management platform Sellercloud for an upfront $110 million. The transaction includes up to an additional $20 million in consideration based on combined revenue targets.
New Jersey-based Sellercloud provides omnichannel e-commerce services to more than 1,000 merchants, distributors, wholesalers and manufacturers. The company’s platform is designed to help users manage product across multiple sales channels, including the fulfillment...
Global fashion retailer Shein’s latest announcement on LinkedIn revealed that its U.S. marketplace merchants can now integrate with Flexport’s fulfillment services, a move expected to drive growth for Flexport.
“With Flexport as our preferred logistics partner, we’re revolutionizing the way you manage inventory and fulfill orders. … From inventory management to sales, everything works together seamlessly to boost efficiency,” Shein said.
The partnership will enable merchants to manage their...
https://www.freightwaves.com/news/will-shein-help-propel-flexports-future
A.P. Moller-Maersk (Maersk) is strengthening its omni channel-fulfilment capabilities in Australia, with the opening of seven new facilities across the country. As the integrated container and logistics company celebrates its 30th anniversary in Australia, plans are in place to grow its already extensive operations and land-side capabilities.
The seven new facilities are being delivered over the 12 months to Q1 2024 as part of Maersk’s global integration strategy with clear...
https://mfame.guru/maersk-marks-30-years-in-australia-with-seven-new-facilities/
AI is rapidly gaining popularity in the logistics industry as a transformative technology. It is revolutionizing workflows, creating efficiencies and strengthening supply chains by streamlining processes, optimizing resource allocation and enhancing decision-making capabilities.
These advantages are what motivated fulfillment platform Flowspace on Tuesday to launch its new concierge tool FlowspaceAI for Freight. Customers on its platform can now leverage the solution to eliminate tedious tasks...
https://www.freightwaves.com/news/flowspace-debuts-ai-solution-for-merchants
Well aware of the storm clouds brewing on the macroeconomic horizon, Walmart is doubling down on its supply chain-led transformation into an omnichannel retailer with an integrated, flexible and intelligent distribution and fulfillment network. For Walmart, leveraging its supply chain to unlock new margin gains is integral to “Everyday Low Cost,” which enables “Everyday Low Prices.”
Walmart doesn’t expect to grow fast in 2023. For the year ending Dec. 31, 2022, (Walmart’s fiscal year 2023),...
https://www.freightwaves.com/news/walmart-wants-to-beat-amazon-at-its-own-game
Welcome to Check Call, our corner of the internet for all things 3PL, freight broker and supply chain. Check Call the podcast comes out every Tuesday at 12:30 p.m. EDT. Catch up on previous episodes here. If this was forwarded to you, sign up for Check Call the newsletter here.
Inside this edition: Mexico hits back-to-back trading partner win; omnichannel the next big move for 3PLs; and big developments in the land of C.H. Robinson.
Two for two. Mexico has topped Canada for the...
https://www.freightwaves.com/news/check-call-back-to-back-champs
As being able to fulfill orders anywhere, anyhow has steadily become the expectation for brands, one of the United States’ largest retailers is overhauling its store design to meet it.
Target (NYSE: TGT) on Tuesday unveiled a new, larger model that will emphasize omnichannel fulfillment services, including same-day pickup, digital fulfillment and options like curbside and drive-up. The first new store debuted this week in the Houston suburb of Katy, Texas.
The new layout from Target is about...
https://www.freightwaves.com/news/target-reimagines-store-design-for-e-commerce-same-day-services
Cloud fulfillment platform Logiwa announced Wednesday it has raised $16.4 million in Series B funding led by NewRoad Capital Partners with participation from existing investors — including Valor Siren Ventures, Runway Venture Partners, Spider Capital and Launch Capital — to continue building out its technology solution powering the shipping operations for direct-to-consumer (D2C) businesses.
The fulfillment company has raised $28.9 million since international e-commerce software expert Erhan...
https://www.freightwaves.com/news/logiwa-raises-164m-to-bring-new-tech-into-e-commerce-market
This commentary was written by Nicola Kinsella, senior vice president of global marketing for Fluent Commerce. The views expressed here are solely those of the author and do not necessarily represent the views of Modern Shipper or its affiliates.
Many companies today are realizing the benefits of dropship vendor (DSV) relationships to expand product range and offerings. DSVs allow retailers and stores to test new products to an increasingly discerning, trend-focused customer base with minimal...
https://www.freightwaves.com/news/viewpoint-how-to-integrate-drop-ship-vendors-into-your-business
UPS’ dive into the last mile is getting deeper, with the delivery giant announcing it has acquired Delivery Solutions, a software-as-a-service delivery orchestration platform.
“Delivery Solutions’ leading technology helps merchants offer their customers more flexibility and an engaging online purchasing experience as they increasingly look for an experience-driven omnichannel strategy,” UPS said in a statement published on its Customer First story page.
Based in Plano, Texas, Delivery Solutions’...
https://www.freightwaves.com/news/ups-acquires-last-mile-tech-provider-delivery-solutions