Stord acquires Shipwire to expand global fulfillment network and accelerate AI supply chain strategy
· Source: sdcexec.com
In short
Atlanta-based Stord has completed its acquisition of CEVA Logistics subsidiary Shipwire, a 3PL and fulfillment platform services provider for e-commerce shippers and retailers. The acquisition adds 12 locations, strengthens EU/UK presence, and accelerates Stord's AI strategy by integrating Shipwire's technology division and proprietary AI applications into its existing platform. The deal provides improved access to CEVA's global network of over 120 million square feet of warehouse space and enhances Stord's order management system with additional B2B integration capabilities.
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Tags: acquisition, fulfillment, ecommerce, AI, 3PL, warehousing