ShipX Buys Princeton Logistics and TriStar Carriers

May 27, 2022

ShipX bought 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.

Terms were not disclosed.

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.”