Stord

Stord has acquired Shipwire, expanding its e-commerce logistics network with 12 new facilities and AI-driven fulfillment capabilities. This strategic move, Stord’s seventh acquisition, enhances its mid-market and enterprise client base and integrates advanced AI tools for operational optimization. The company aims to leverage this growth to reduce shipping costs and accelerate deliveries for smaller merchants, positioning itself as a formidable competitor in the logistics sector. Further international expansion is planned.