
In the USA it has been completed in the
logistics the merger between WWEX Group, leader in logistics on account
third parties, and Auctane, the global technology giant that owns the
such as ShipStation, Stamps.com, Metapack, and Packlink. The new group
will operate under the name ShipStation Global and will be
backed by the American investment firm Thoma
Bravo. CVC funds and other current investors of WWEX Group
will retain a significant minority stake in the new
society.
The merger merges the freight brokerage platform of
WWEX Group and its network of over 2,300 sales professionals
with AI-powered shipping software
Auctane, connectivity with global couriers and
automation capabilities. ShipStation Global will be based
in Texas, with offices in Dallas and Austin.
Pointing out that the logistics sector is at a point
ShipStation Global CEO, Tom
Madine, explained that with the merger are put together "the
best AI-powered shipping software on the market
with one of the most powerful freight networks in the country and - has
specified - we are building it thinking exactly about companies
who need it most." The reference is to the
small and medium-sized enterprises which, he noted, "have been
forced to put together multiple tools and relationships only
to keep up." Observing that, with progress
and the increasing complexity of supply chains
supply, the gap between large companies and those in
growth continues to expand, it has been highlighted that
ShipStation Global was created to bridge this gap,
Providing small and medium-sized businesses with data, intelligent automation
and specialized support.
"The combination of Auctane and WWEX Group - commented
Brian Jaffee, partner at Thoma Bravo - arrives at a time
where AI is fundamentally changing the way AI
organizations manage their own shipping operations and
logistics. ShipStation Global Brings Together Shipping Software
and world-class services for goods and parcels, in
in order to give companies of all sizes the tools and the
scale to compete".