ShipHero raises $50M to expand e-comm fulfillment network

ShipHero, a New York-based e-commerce software and fulfillment provider, announced Thursday morning that it raised $50 million from Riverwood Capital. The deal values the company at $225 million post-money.

The investment represents the first institutional money ShipHero has taken on: The company scaled to a $30 million revenue run-rate on just $435,000 raised from friends and family years ago.

ShipHero has two primary lines of business: software-as-a-service (SaaS) and e-commerce fulfillment....

https://www.freightwaves.com/news/shiphero-raises-50m-to-expand-e-comm-fulfillment-network

Inside RLS Logistics’ plan to build a national network of cold chain warehouses

On Wednesday morning, July 22, RLS Logistics, a family-owned cold chain warehouse operator headquartered in New Jersey, announced an ambitious plan to build out a national network of family-owned cold chain facilities.

RLS Logistics was founded in 1968 and offers a diverse array of cold chain solutions, including truckload and less-than-truckload (LTL) transportation, warehousing, packaging, re-packing and e-commerce fulfillment. 

By teaming up with what it calls Partnering Regional Operators (or...

https://s29755.pcdn.co/news/inside-rls-logistics-plan-to-build-a-national-network-of-cold-chain-warehouses