Modern Shipper’s Top 10: E-commerce

Modern Shipper launched in February 2021 with a mission of highlighting the ever-growing last mile of the supply chain. Throughout the year, we learned a lot, and our readers helped inform us of plenty more.

Looking back on the year that was, there were plenty of stories that resonated with our readers — from drones to automation, from gig workers to last-mile delivery providers. Of course, we can’t forget e-commerce, which is rapidly changing the supply chain and everything and everybody who...

https://www.freightwaves.com/news/modern-shippers-top-10-e-commerce

E-commerce fulfillment provider TLSS seeks to acquire SalSon Logistics for $90M

TLSS looking to grow through acquisitions

Transportation and Logistics Systems Inc. (TLSS) (OTC: TLSS) announced Monday it entered into an agreement on Tuesday to acquire all of the outstanding shares of SalSon Logistics. The Jupiter, Florida-based e-commerce fulfillment provider said the $90 million purchase price includes $50 million in cash, 19.9% of TLSS stock and $20 million in seller financing.

The stock purchase agreement would net TLSS a 60-year-old third-party logistics company that is expected to “anchor” its growth strategy.

“T...

https://www.freightwaves.com/news/e-commerce-fulfillment-provider-tlss-seeks-to-acquire-salson-logistics-for-90m

E-commerce fulfillment outfit TLSS to acquire Cougar Express

TLSS enters agreement to acquire Cougar Express

E-commerce fulfillment provider Transportation and Logistics Systems (TLSS) (OTC: TLSS) announced plans to acquire logistics provider Cougar Express.

Cougar Express provides pickup, delivery and warehouse services through its facility in Valley Stream, New York. The company offers one- to four-person white-glove delivery service primarily in New York and New Jersey.

“We are very excited about the prospect of joining forces with the Cougar Express team, a profitable, family-run business with a...

https://s29755.pcdn.co/news/e-commerce-fulfillment-outfit-tlss-to-acquire-cougar-express