Startups that once rode the rocket ship of the pandemic e-commerce boom are adjusting to solid ground again. E-commerce is still growing, but the days of seemingly unlimited demand for storage, packing, and shipping services are in the past.
Those circumstances demand a recalibration, not just from theĀ household names of logisticsĀ like UPS, FedEx, and DHL but from a slew of venture-backed e-commerce fulfillment startups ā many of which contain the word “ship” in their name, and most of which raised theĀ vast majority of their funding in the last two years.
