The Canadian logistics technology platform and shipping solutions vendor ShipTime Canada Inc. today said it has acquired an 80% ownership stake in Warehowz Inc., a North American on demand warehousing and fulfillment marketplace.
ShipTime, which is a subsidiary of Paid Inc., said the move would accelerate its expansion while enhancing its ability to support the complex needs of enterprise level shippers. By adding Warehowz’s extensive warehousing network, ShipTime will provide its customers with new opportunities to bring inventory closer to buyers and respond quickly to demand, it said.
Virginia-based Warehowz offers a network of over 2,500 warehouses across North America, including facilities in both the United States and Canada. The company says it provides flexible fulfillment and storage options that help businesses dynamically manage inventory and improve delivery speed.
“Modern logistics requires more than competitive courier options,” ShipTime Canada CEO Austin Lewis said in a release. “Businesses need integrated solutions that connect fulfillment, warehousing, and delivery into a single, flexible ecosystem. 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.”
