Rakuten Super Logistics acquires FirstMile and IFS360
Rakuten Super Logistics (RSL) announced today that it has acquired Salt Lake City-based FirstMile and IFS360.
FirstMile is an e-commerce logistics company for e-commerce retailers. FirstMile offers delivery solutions ranging from economic ground routing through expedited and same day and next day deliveries. The company will process more than 30 million packages this year.
IFS360, sister company to FirstMile, is an integrated fulfillment operation. IFS360 offers solutions for the full range of needs in e-commerce fulfillment including receiving, returns management, shipping, kitting, and subscriptions box campaign management.
Rakuten said in a release that their main reason for acquisition was that IFS360 gives RSL immediate access into the Salt Lake City market through its transportation network, infrastructure and experience.
"We are excited to welcome FirstMile and IFS360 to the RSL family," said Michael Manzione, CEO of RSL. "The acquisitions will position RSL well in a strategic regional market while offering our clients greater access and choices for growing their business, competing and delivering an improved customer experience."
"Becoming a part of RSL's family accelerates our growth and allows us to better support our customer base," said Devin Johnson, CEO and Founder of FirstMile and IFS360. "This acquisition fuels our ability to improve our product offerings, grow our infrastructure and increase our scalability, which at the end of the day, creates much greater value for our customers and partners around the world."