Stord Buys Shipwire to Expand AI-Driven Fulfillment, Global Reach
· Source: technologymagazine.com
In short
Stord has acquired Shipwire, the AI fulfillment subsidiary of CEVA Logistics, expanding its global logistics footprint with 12 additional fulfillment locations and access to CEVA's warehouse network spanning over 170 countries. The acquisition brings Shipwire's AI-enabled platform that connects with more than 200 eCommerce systems, which Stord plans to integrate into its broader ecosystem. This move strengthens Stord's position as an AI leader in fulfillment technology, providing customers with enhanced order management, warehouse management, and delivery date estimation tools.
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Tags: fulfillment, acquisition, logistics, AI, warehousing, ecommerce