Skip to content
Search AI Powered

Latest Stories

newsworthy

Stamps.com closes acquisition of online postage vendor Endicia

$215 million merger consolidates offerings for office and warehouse shipping services.

Online postage provider Stamps.com Inc. has completed its acquisition of Endicia, an electronic postage software firm, for $215 million, the companies announced Wednesday.

El Segundo, Calif.,-based Stamps.com first announced the plan in March, when Newell Rubbermaid Inc. decided to simplify its portfolio by shedding Endicia.


Newell Rubbermaid markets a $5.7 billion stable of consumer and commercial products, including the well-known Rubbermaid plastic kitchen products, as well as brand names such as Sharpie, Paper Mate, Elmer's, Calphalon, and Graco.

"We believe Endicia, while not core to our strategy, is a great strategic fit with an owner who shares its commitment to innovating and competing in the mailing and shipping industry," Newell Rubbermaid president and CEO Michael Polk said in a statement this week.

Endicia, of Mountain View, Calif., works as a partner of the U.S. Postal Service by providing online postage, mailing, and shipping solutions for business customers such as online sellers, warehouse shippers, and home and office mailers.

The company's shipping and mailing software allows users to print live postage, integrate mailing and return addresses, track packages, add graphics and logos to shipping labels, and arrange pickup times so they can skip trips to the post office.

Endicia's business model aligns closely with that of Stamps.com, which provides Internet-based postage services designed to enable small businesses, enterprises, and online retailers to print U.S. Postal Service-approved postage with a generic office printer.

Stamps.com says its software can dovetail those shipping services into an existing warehouse workflow by integrating with a user's e-commerce platform, warehouse management system (WMS), transportation management system (TMS), or enterprise resource planning (ERP) platform.

The Latest

More Stories

DHL graphic on online shopping marketplaces

DHL report shows seven factors about American online shoppers

Online merchants should consider seven key factors about American consumers in order to optimize their sales and operations this holiday season, according to a report from DHL eCommerce.

First, many of the most powerful sales platforms are marketplaces. With nearly universal appeal, 99% of U.S. shoppers buy from marketplaces, ranked in popularity from Amazon (92%) to Walmart (68%), eBay (47%), Temu (32%), Etsy (28%), and Shein (21%).

Keep ReadingShow less

Featured

schneider app screenshot for owner operators

Schneider seeks more business with owner-operators

Transportation and logistics service provider Schneider National Inc. is reaching out to owner-operators, encouraging them to do more business with the Wisconsin company using an updated digital platform.

Schneider says its FreightPower platform now offers owner-operators significantly more access to Schneider’s range of freight options. That can help drivers to generate revenue and strengthen their business through: increased access to freight, high drop and hook rates of over 95% of loads, and a trip planning feature that calculates road miles.

Keep ReadingShow less
trucks used by jillamy 3PL

Texas 3PL Mode Global acquires Jillamy’s freight brokerage arm

The Texas third-party logistics firm (3PL) Mode Global has acquired the freight brokerage business of supply chain service provider Jillamy, saying on Monday that the deal advances its strategy of expanding its national footprint.

Terms of the acquisition were not disclosed, but Mode Global said it will now assume Jillamy's comprehensive logistics and freight management solutions, while Jillamy's warehousing, packaging and fulfillment services remain unchanged. Under the agreement, Mode Global will gain more than 200 employees and add facilities in Pennsylvania, Arizona, Florida, Texas, Illinois, South Carolina, Maryland, and Ontario to its existing national footprint.

Keep ReadingShow less
Clorox partnership helps suppliers meet carbon reduction targets

Clorox partnership helps suppliers meet carbon reduction targets

Consumer packaged goods (CPG) provider The Clorox Co. has partnered with Manufacture 2030 (M2030) to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050.

In addition to its flagship Clorox bleach product, Oakland, California-based Clorox manages a diverse catalog of brands including Hidden Valley Ranch, Glad, Pine-Sol, Burt’s Bees, Kingsford, Scoop Away, Fresh Step, 409, Brita, Liquid Plumr, and Tilex.

Keep ReadingShow less
U.S. map with drought risk

Everstream Analytics quantifies how climate risk affects supply chains

Supply chain risk analytics company Everstream Analytics has launched a product that can quantify the impact of leading climate indicators and project how identified risk will impact customer supply chains.

Expanding upon the weather and climate intelligence Everstream already provides, the new “Climate Risk Scores” tool enables clients to apply eight climate indicator risk projection scores to their facilities and supplier locations to forecast future climate risk and support business continuity.

Keep ReadingShow less