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Founded Year

2018

Stage

Acquired | Acquired

About Covet Shipping

Covet Shipping provides full-service shipping services for brands.

Covet Shipping Headquarter Location

14 Dunham Place

Brooklyn, New York, 11249,

United States

Latest Covet Shipping News

AxleHire Acquires Covet Shipping as it Expands Last Mile Delivery Service to New York

Oct 7, 2019

AxleHire Brings its Cost-Effective and Scalable Delivery Solutions to New York Acquisition Positions AxleHire as the Leader in Same Day and Next Day Delivery for Retailers and Brands AxleHire is also Expanding in Los Angeles and San Francisco to New Brands Download October 07, 2019 09:03 AM Eastern Daylight Time SAN LEANDRO, Calif.--( BUSINESS WIRE )--AxleHire, the leader in technology and logistics innovation for the last mile economy, announced today that it has acquired Covet Shipping, a full-service shipping company that services New York City. This acquisition is a part of AxleHire’s strategic expansion across the United States as it launches its service in New York. AxleHire will be providing Same Day and Next Day delivery services to retailers, brands and other companies in New York effective November 1, 2019. “AxleHire provides retailers, brands and other companies a cost-effective solution to compete with Amazon and Walmart who are offering same day and next day delivery services,” stated Daniel Sokolovsky, founder of AxleHire. “The acquisition of Covet Shipping comes when we are expanding our proven same day and next day delivery services to the New York area. Utilizing our proprietary technology platform, we provide superior service to companies and consumers alike.” Covet Shipping has been an innovator in the last mile economy, assisting key brands including Andie, to compete with large retailers who offer same day and last mile delivery services. The acquisition of Covet Shipping will expand AxleHire’s service offerings to Covet Shipping’s customers in two key markets already served by AxleHire – Los Angeles and San Francisco. Covet Shipping’s team joined AxleHire effective September 3, 2019. “The team at Covet Shipping is excited to be a part of AxleHire,” stated Troy Lester, co-founder of Covet Shipping. “Not only is the company’s culture a perfect fit, but AxleHire’s commitment to industry innovation sets them apart from other companies in the last mile delivery space. Their entry into the New York market will be a game-changer for brands, retailers and others looking to compete in the last mile economy.” “We’re really excited to be joining forces with AxleHire. I believe we can have a tremendous impact on paving the way for AxleHire's retail and apparel acquisition strategy. Especially for brands that are putting logistics at the forefront of their consumer offerings,” said Maxwell Drut, co-founder at Covet Shipping AxleHire provides same day and next day delivery services to leading retailers, brands and companies looking to compete in today’s competitive last mile economy. They currently provide service to companies in the meal kit/prepared food, grocery, retail, household goods, alcohol, prescription medications, and other industries. About Covet Founded in 2018, Covet Shipping is a full-service shipping company that utilizes technology to make the customer delivery experience fast, convenient, and transparent. Covet Shipping offers same day and next day delivery services that are tailor-made for leading brands in New York. About AxleHire AxleHire, founded in 2015, is a superior last mile delivery solution that combines innovative technology and superior logistics to deliver cost-effective scalable shipping solutions to customers. The team at AxleHire provides reliable same-day and next-day delivery services to industry leaders such as HelloFresh and Blue Apron. AxleHire currently services customers on the West Coast, New York and is expanding nationwide to other key metropolitan markets. For more information about AxleHire please visit: axlehire.com . All products/services and trademarks mentioned in this release are the properties of their respective companies. © 2019 AxleHire. All rights reserved. Contacts

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Expert Collections containing Covet Shipping

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Covet Shipping is included in 1 Expert Collection, including Supply Chain & Logistics Tech.

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Supply Chain & Logistics Tech

2,880 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

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