ShipX Acquires Princeton Logistics and TriStar Carriers, Expands E-Commerce Transportation Service Offerings

May 23, 2022

ShipX Acquires Princeton Logistics and TriStar Carriers, Expands E-Commerce Transportation Service Offerings.

NEW YORK--(BUSINESS WIRE)-- ShipX, a leading tech-enabled e-commerce transportation delivery service provider, announces the acquisition of Princeton Logistics and its subsidiary, TriStar Carriers, to expand the ShipX service portfolio. This addition will enable ShipX to arrange First and Middle Mile transportation services to e-commerce customers needing specialized trucking options, as well as help strengthen their door-to-door parcel delivery services across North America. Beginning today, these companies will be renamed ShipX but will continue to serve their carrier, retailer, and private fleet customers with a complete range of transportation-related services by arranging:

  • E-Commerce Final Mile delivery
  • Middle Mile truckload and contract capacity services
  • DSD-Direct-to-store distribution
  • Direct carrier, air cargo injection
  • Local sortation and transfer
  • Coast-to-coast zone skipping
  • Power-only
  • Sprinters, 26-foot Box, 53-foot trailers
  • Peak Capacity

With this acquisition, ShipX expands its focus beyond Final Mile parcel delivery and offers a more complete suite of e-commerce transportation services. “We’re so happy to have the amazing employees of Princeton Logistics and TriStar Carriers join the ShipX family,” said Solomon Zakinov, ShipX’s CEO and Founder. “This acquisition ensures that we’ll continue to meet the ever-evolving needs of today’s e-commerce shippers — especially in the major markets — while still offering affordable, reliable logistics services.”

"We’re thrilled to join forces with ShipX and even more excited to be able to offer our clients a more complete, turnkey shipping solution,'' said Jim Neebling, former President of Princeton Logistics, and now Chief Logistics Officer of ShipX. “Shippers have wanted a new end-to-end shipping solution and we’re happy to be offering one starting today.”

About ShipX

Created in response to the ever-growing, ever-changing shipping needs of retailers, e-commerce companies, and 3PLs, ShipX launched in early 2021, offering turnkey delivery solutions, backed by state-of-the-art shipping technology and a robust Vetted Delivery Network (VDN). ShipX aims to provide delivery solutions that are seamless, pricing that is simplified, and service that is unmatched in the industry. ShipX tailors solutions according to each shipper’s needs, whether it’s to address First, Middle, or Final Mile requirements, at a range of transit times and volumes.