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This Week in Logistics News (April 29 – May 5)

Logistics Viewpoints

million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. Shiv Agarwal, former Staples exec and co-founder of Fabric is now leading Foundation, a Seattle startup that just announced a $3 million seed round to fuel growth of its wholesale e-commerce platform.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

The company was started in 1907 as a small messenger service in Seattle with $100 in borrowed capital. Revenue: $16.392 billion (12 months ending March 31, 2020), $16.648 billion (2019) Headquarters: Greenwich, Connecticut, USA CEO: Bradley S. started as a single office ocean forwarder in Seattle. Revenue: $8.7 Revenue: $8.17