Flexport Acquires Shopify Logistics and Deliverr
May 4, 2023
Flexport is acquiring the assets of Shopify Logistics, including Deliverr, from Shopify to expand into e‑commerce fulfillment and last‑mile delivery. The deal brings Deliverr's fulfillment capabilities and Shop Promise support into Flexport's platform to offer end‑to‑end logistics from ocean/air forwarding through last‑mile for merchants.
- Buyers
- Flexport
- Targets
- Shopify Logistics, Deliverr
- Sellers
- Shopify
- Industry
- Logistics & Distribution
- Location
- California, United States
- Transaction Type
- Divestiture
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Related Acquisitions
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Shopify Acquires Deliverr to Expand Fulfillment Capabilities
July 8, 2022
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Shopify Inc. completed its acquisition of Deliverr, Inc. for approximately $2.1 billion in a mix of cash and Shopify Class A shares. The deal integrates Deliverr's fulfillment software, talent, data, and network into the Shopify Fulfillment Network to expand multichannel, fast fulfillment for merchants across major marketplaces and sales channels.
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Flexport Acquires Convoy's Technology Stack
November 1, 2023
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Flexport has acquired the technology stack of Convoy for an undisclosed sum and will onboard a small group of Convoy product and engineering employees. Flexport is not acquiring Convoy as a company or its liabilities; the deal is intended to restore access to Convoy's trucking network for Flexport customers and to expand Flexport's trucking capabilities.
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Logistics Plus Acquires LoadDelivered Logistics
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Logistics Plus, Inc. has acquired LoadDelivered Logistics, a Chicago-based freight brokerage, to enhance its North American transportation management capabilities. LoadDelivered will continue operating under its legacy brand while integrating with Logistics Plus's North American Division to provide expanded coverage, technology and back-office synergies.
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ShipX Acquires Princeton Logistics Group and TriStar Carriers
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ShipX has acquired Princeton Logistics Group and its subsidiary TriStar Carriers to expand beyond final-mile parcel delivery into first- and middle-mile trucking and broader e-commerce transportation services across North America. The deal brings trucking, middle-mile capacity and local sortation capabilities into ShipX’s tech-enabled delivery platform to offer end-to-end e-commerce shipping solutions.
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FedEx Acquires ShopRunner
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FedEx Corporation completed its acquisition of ShopRunner, an e-commerce platform that connects brands and merchants with online shoppers. ShopRunner will operate within FedEx Dataworks to combine its pre-purchase, data-driven marketing and omnichannel capabilities with FedEx's logistics and post-purchase services to expand FedEx's e-commerce offering.
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Partners Warehouse (Red Arts Capital) Completes Add-on Acquisition of FLEX Logistics
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Chicago private equity firm Red Arts Capital, via its portfolio company Partners Warehouse, has acquired FLEX Logistics, a third-party logistics (3PL) provider headquartered in Eastvale, California. The add-on strengthens Partners Warehouse's West Coast footprint and adds nearly 900,000 square feet of warehousing capacity; terms were not disclosed.
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