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ShipTime Acquires Warehowz to Expand North American Capabilities
Prnewswire· 2026-02-05 13:30
Core Insights - ShipTime Canada Inc. has acquired an 80% ownership stake in Warehowz, Inc., enhancing its logistics capabilities and supporting enterprise-level shippers [1][3] - The acquisition aligns with ShipTime's long-term vision to expand its market presence in North America and invest in intelligent logistics technologies [3][7] Company Overview - ShipTime is a logistics technology platform that provides advanced shipping solutions, aiming to help businesses lower costs and improve delivery reliability [10] - Warehowz is a North American on-demand warehousing and fulfillment marketplace, offering flexible storage and fulfillment options through a network of over 2,500 warehouses [2][11] Strategic Benefits - The integration of Warehowz into ShipTime's ecosystem allows for improved inventory management, faster delivery, and greater control and visibility across the supply chain [2][4] - The acquisition strengthens ShipTime's existing courier network, which includes major players like FedEx, UPS, and DHL, enhancing its service offerings [4][5] Growth Strategy - ShipTime's recent introduction of its platform to U.S. merchants is expected to accelerate growth in the eCommerce and enterprise shipping markets [7] - The combined warehousing, fulfillment, and shipping tools will provide end-to-end logistics solutions, supporting scalability during peak seasons and improving operational flexibility [8][9]