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 the household names of logistics like UPS, FedEx, and DHL but from a slew of venture-backed e-commerce fulfillment startups — many of which contain the word “ship” in their name, and most of which raised the vast majority of their funding in the last two years.
