Shopify announced a $2.1 billion acquisition of last-mile delivery technology company Deliverr, but its stock tumbled after a Q1 earnings miss.
“The most effective way to address supply chain congestion is to move inventory closer to the end customer,” said Deliverr co-founder and CEO Harish Abbott.
President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.
Last-mile delivery firm AxleHire has added a sortation center in Chicago, where it will start making deliveries using its expanding transportation network.
8VC was named top VC in Pitchbook’s Q1 2021 Supply Chain Tech Report.
The asset-light warehouse startup will use the capital to expand its network, co-founder says.
Tech fulfillment companies thrive as demand for speedy delivery surges.
Deliverr is helping businesses ship products on ecommerce platforms with an Amazon-like fulfillment service.
