E-commerce logistics provider Stord has acquired rival Shipwire to enhance scale and capabilities in a competitive market. The deal adds 12 fulfillment centers, AI technology, and access to Ceva’s global network of 1,000 warehouses, benefitting customers with more options for inventory staging.
Tech-enabled logistics providers like Stord and ShipBob are expanding to meet the demand for online shopping, despite economic challenges. U.S. e-commerce sales have grown significantly over the past decade, representing 16.3% of retail sales in mid-2025.
Stord, founded in 2015, offers end-to-end solutions for e-tailers, focusing on helping small-and-medium companies efficiently manage orders and inventory. Brands using Stord’s services include Seed Health, Quip, and Athletic Greens, with more than 30 million packages delivered to U.S. homes last year.
Stord’s recent acquisition of Shipwire is the company’s fifth. They raised over $200 million in Series E funding and acquired Ware2Go, expanding their warehouse network. Stord reported $147 million in revenue in 2025, according to database GetLatka.
Shipwire, acquired by Stord, provides fulfillment and shipping services for direct-to-consumer and dropshipping retail channels. The acquisition expands capabilities in the U.S., Europe, the UK, and Asia, with a focus on technology integration and AI advancements.
The deal includes Shipwire’s technology division, known for proprietary interfaces and AI functionality. Stord aims to enhance its order management system and accelerate AI initiatives with Shipwire’s expertise. Warehousing and fulfillment providers investing in AI are expected to outperform outdated competitors.
Stord gains a diverse customer base across various sectors, including apparel, consumer electronics, food-and-beverage, and health-and-beauty. Terms of the transaction were not disclosed. French ocean shipping company CMA CGM acquired Ingram Micro’s e-commerce unit for $3 billion, merging it with Ceva Logistics. Ceva will focus on core offerings after the divestment, delivering logistics to global customers. Stord, a logistics provider, acquired Shipwire to enhance brand experiences and increase revenue.
Stord’s acquisition of Penny Black and plans to invest $40 million in expanding its shipping center in Kentucky highlight its growth strategy. The company focuses on smart acquisitions and building customer bases. Stord processes orders efficiently, reducing click-to-ship times and increasing shipment processing during peak shopping periods.
Stord’s multi-user facilities handle orders from various marketplaces with customized pick-and-packing. The company’s parcel technology selects the best carrier for each package based on individual characteristics. Stord also assists in building pallets for less-than-truckload fulfillment, demonstrating its flexibility and efficiency in e-commerce logistics.
Stord’s shipment processing increased by over 50% during Black Friday and Cyber Monday, showcasing its ability to handle peak demand efficiently. The company’s strategic acquisitions and growth reflect the competitive nature of the e-commerce fulfillment industry. Stord’s focus on technology and nationwide networks positions it for continued success in the market. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping over 500 points. Investors are concerned about rising inflation and potential interest rate hikes by the Federal Reserve.
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Read more at Yahoo Finance: Stord buys e-commerce specialist Shipwire from Ceva Logistics