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ShipTime acquires majority stake…

ShipTime acquires majority stake in Warehowz to expand North American warehousing network

ShipTime Canada Inc. says it has acquired an 80 per cent ownership stake in Warehowz Inc., expanding its warehousing and fulfillment capabilities across North America.

The Toronto-based logistics technology platform, a subsidiary of Paid, Inc., said the acquisition is aimed at strengthening services for enterprise-level shippers and expanding its presence in the United States and Canada.

Warehowz operates an on-demand warehousing and fulfillment marketplace with a network of more than 2,500 facilities across North America. ShipTime said integrating the platform will give merchants and large brands greater supply chain visibility and flexibility.

The company said the acquisition will allow customers to position inventory closer to consumers, improve delivery times and better manage demand fluctuations. It also said the move will support increased U.S. last-mile delivery opportunities, scalable storage capacity during peak seasons and improved cost control through on-demand warehousing.

“Modern logistics requires more than competitive courier options. Businesses need integrated solutions that connect fulfillment, warehousing and delivery into a single, flexible ecosystem,” said Austin Lewis, CEO of ShipTime Canada Inc. “Welcoming Warehowz into ShipTime marks an important step toward that unified future. Their North American presence and adaptive warehouse model strengthen our ability to expand further into the U.S. and deliver an end-to-end solution for brands that require speed, efficiency and scalability at every stage of growth.”

The expanded warehousing network will complement ShipTime’s existing courier partnerships, which include FedEx, UPS, USPS, DHL, Uber and LSO.

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