We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » E2open expands e-commerce parcel shipping power with $185 million move to acquire Logistyx Technologies

E2open expands e-commerce parcel shipping power with $185 million move to acquire Logistyx Technologies

Deal follows $1.7 billion deal to buy BluJay Solutions for its TMS and GTM software in 2021.

logistyx Screen Shot 2022-03-04 at 4.18.19 PM.png
March 4, 2022
Supply Chain Quarterly Staff
No Comments

Supply chain management software vendor E2open Parent Holdings Inc. has acquired the parcel shipping and fulfillment technology firm Logistyx Technologies for $185 million, in response to soaring demand by companies for better e-commerce shipping capabilities.

Austin, Texas-based E2open said the deal enhances its global footprint for multi-carrier e-commerce shipment management. The move will also expand E2open’s reach by adding Logistyx’ customers, which include retailers, manufacturers, and logistics providers.

Chicago-based Logistyx currently provides that client base with “the automation, visibility and flexibility needed to simplify global fulfillment and compete in an omnichannel world – all within a one-stop, connected platform,” Logistyx CEO Geoffrey Finlay said in a release.

The news marks E2open’s latest maneuver to adjust to swiftly changing conditions in the logistics sector, following its move in January to collaborate with logistics tech firm PayCargo to expedite the freight payments process between supply chain trading partners by digitizing outmoded processes like exchanging paper checks. And in 2021, E2open laid out $1.7 billion to acquire fellow supply chain software vendor BluJay Solutions and its transportation management system (TMS) software and global trade capabilities.

According to E2open, its acquisition will help it meet growing client business needs. “This combination makes E2open the most comprehensive and integrated shipping solution provider, which covers all shipping modes including ocean, air, road, rail, and parcel, and is powered by a global network of carriers and logistics service providers,” E2open CEO Michael Farlekas said in a release. “Logistyx is complementary to E2open’s existing platform, enabling E2open’s world-class clients to orchestrate their supply chains from demand to fulfillment, to supply.”

E2open is pleased to announce the acquisition of Logistyx Technologies, a leader in global parcel and e-commerce shipping. Read the #pressrelease: https://t.co/GVtdtWoE3w pic.twitter.com/YJDZ2iNpNq

— E2open (@E2open) March 3, 2022
E-Commerce Logistics Services
KEYWORDS E2Open Logistyx Technologies
  • Related Articles

    Parcel delivery startup Veho taps new funding to acquire returns specialist

    Auctane adds Spanish parcel tech startup Packlink to its shipping stable

    CMA CGM lays out $3.0 billion to acquire e-commerce 3PL

Recent Articles by Supply Chain Quarterly Staff

FedEx and Aurora expand autonomous trucking pilot

Report: Chaotic peak shipping season ahead

Florida 3PL Fox Logistics acquires Boxton freight quoting platform

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Logistics pros warn of business impact from Russia-Ukraine war

  • Container prices continue to drop

  • How to resolve your inventory dilemma

  • Warehouse vacancy rates sink to 27-year low

  • Empty shipping containers stack up at U.S. port depots

Featured Video

Cccb7d13 710a 4473 8132 da8b6cc286f1

The Sportsman's Guide Case study: Increasing Accuracy & Productivity

Viewer Contributed
Thanks to the Lucas Warehouse Optimization Suite, The Sportsman's Guide has increased productivity, reduced training time, and experienced a boost in accuracy for both full-time staff and seasonal employees. Want to learn how Lucas can help your DC be more efficient, accurate, and safe while reducing labor costs?...

FEATURED WHITE PAPERS

  • Omnitracs One – Last Mile Solutions

  • The enterprise shipper's guide to building a smarter truckload RFP

  • Fixed vs. Flexible Automation: Which Option is Better for 3PLs?

  • Enhancing Relationships in Logistics through Data & Collaboration

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2022. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing