Shopify offloads logistics business to Flexport

📆 4-5-2023 16:10:00
📰 CNBC

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The sale marks a reversal for Shopify, which had spent years building out its own logistics and order fulfillment operations.

. Flexport's ocean, air, truck and rail-freight forwarding and brokerage services became critical tools as supply chain bottlenecks roiled the global economy last year.

Clark said in an interview that the acquisition will allow Flexport to scale the shipping capabilities it can offer for Shopify merchants, and other online businesses.

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