Stord Acquires Shipwire for AI-Fueled Ecommerce Push - TechRepublic

"The e-commerce fulfillment landscape just experienced a shift that could redefine how millions of packages reach doorsteps worldwide. Stord's acquisition of AI-powered rival Shipwire from Ceva Logistics creates a logistics powerhouse with technological capabilities. This move combines Stord's $147 million revenue platform with Shipwire's AI technology and access to over 1,000 global warehouses, positioning the merged entity to challenge industry titans like Amazon's fulfillment network."

"The timing looks good, as industry data from last month shows that over 90% of warehouses now deploy some form of AI or advanced automation, with 60% achieving advanced maturity levels and clear ROI improvements. The deal's undisclosed financial terms suggest both companies see massive value in combining forces at this pivotal moment when AI transforms from experimental pilot programs into core warehouse infrastructure."

"Shipwire's AI technology division has been aggressively deploying AI functionality across its operations, automatically optimizing delivery routes by analyzing data from more than 200 carrier service levels, utilizing machine learning to identify optimal inventory placement for the fastest and most cost-effective deliveries. Combined with Stord's proprietary software stack that includes integrated Warehouse Management, Transportation Management, and Order Management Systems, the merged entity can deliver up to 30% improvements in warehouse productivity."

Stord acquired Shipwire from Ceva Logistics, merging Stord's $147 million revenue platform with Shipwire's AI capabilities and access to over 1,000 global warehouses. Stord operates 11 major fulfillment hubs in 13 buildings, including the UK and Netherlands; Shipwire adds 12 fulfillment centers and integrations with more than 200 e-commerce platforms. Shipwire's AI optimizes delivery routes using data from 200+ carrier service levels and uses machine learning for inventory placement. Combined with Stord's integrated WMS, TMS, and OMS, the merger can deliver up to 30% improvements in warehouse productivity. Industry AI adoption now exceeds 90% of warehouses, with 60% at advanced maturity.

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