ShipBob reaches $1B valuation with new funding round

The money keeps flowing into the last-mile logistics space and the latest company to reap the benefits is cloud-based platform ShipBob, which announced a $200 million Series E round Tuesday morning.

The new funding, which brings total funding in the company to $330.5 million according to Crunchbase, doubles ShipBob’s valuation from its Series D funding round in September 2020 to more than $1 billion today, it said in a release.

The Series E financing was led by Bain Capital Ventures, which led...

https://www.freightwaves.com/news/shipbob-reaches-1b-valuation-with-new-funding-round

Ware2Go offers free carbon offset program to merchants

UPS unit Ware2Go offers carbon neutral shipping

Ware2Go, the UPS (NYSE: UPS) company that focuses on enabling merchants of all sizes to achieve one- to two-day shipping, announced a carbon emissions offset program for all customers shipping small parcel, less-than-truckload, truckload and air shipments within its network. All Ware2Go merchants are automatically enrolled in the program, which is retroactive to offset all shipments made since January, and is free to participate in.

“At Ware2Go, our goal is to build merchant relationships based...

https://s29755.pcdn.co/news/ware2go-offers-free-carbon-offset-program-to-merchants

Onfleet to partner with customers on carbon emissions offset program

Onfleet is offering its customers the chance to purchase carbon offsets through a program announced on Earth Day as it seeks to offset more than 100,000 tons of carbon dioxide (CO2) emissions by the end of 2022. The program, Onfleet Offset, is being run with help from carbon credit management company Pachama and will officially start on May 1.

The global provider of last-mile delivery management software said the program will calculate the CO2 emissions of a customer’s delivery operations and,...

https://www.freightwaves.com/news/onfleet-to-partner-with-customers-on-carbon-emissions-offset-program

ShipBob offers carbon offsets for e-commerce brands through Pachama

E-commerce fulfillment company ShipBob is the latest to jump into the carbon offset business. The company, with 16 global facilities, will utilize Pachama to provide 100% carbon-neutral options for brands using the ShipBob platform.

“With e-commerce experiencing incredible growth, it’s important to consider sustainability,” said Dhruv Saxena, CEO and co-founder of ShipBob. “That’s why we appreciate the strides and innovation Pachama has brought to the industry and why we are a customer of...

https://www.freightwaves.com/news/shipbob-offers-carbon-offsets-for-e-commerce-brands-through-pachama

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