April 17, 2014 6:47 PM ET

Commercial Services and Supplies

Company Overview of Newgistics, Inc.

Company Overview

Newgistics, Inc., together with its subsidiaries, provides parcel and freight transportation solutions to direct-to-consumer retailers, manufacturers, distributors, and third-party logistics and fulfillment providers in the United States and Canada. The company operates in two business segments, Parcel Solutions and Freight Services. The Parcel Solutions segment manages and arranges for the delivery of parcels from e-commerce, catalogue, and televised home shopping retailers primarily to consumers’ residences and returns from consumers back to retailers. The Freight Services segment offers a range of less-than-truckload, truckload, and expedited transportation management solutions that utili...

2700 Via Fortuna

Suite 300

Austin, TX 78746

United States

Founded in 1999

224 Employees

Phone:

512-225-6000

Fax:

512-225-6001

Key Executives for Newgistics, Inc.

Chairman
Age: 65
Founder
Age: 48
Chief Financial Officer and Senior Vice President of Corporate Services
Age: 64
Senior Vice President of Operations
Age: 39
Chief Technology Officer and Senior Vice President of Engineering
Compensation as of Fiscal Year 2013.

Newgistics, Inc. Key Developments

Newgistics and Shipstation Form Strategic Partnership to Streamline Shipping and Order Processing for E-Tailers

Newgistics announced a strategic partnership with ShipStation. This integration will save Newgistics customers time and money with streamlined shipping operations and supports Newgistics' ongoing strategy to drive rapid and sustainable growth for its customers using expert logistics solutions. Through this partnership, merchants who use Newgistics' parcel delivery and return solutions can conveniently access the company's rates and generate shipping labels directly from their ShipStation accounts. Newgistics customers will benefit from ShipStation's automation of redundant order processing tasks, including automatic exports of order detail and end-of-day manifests. The flexibly priced ShipStation application automatically retrieves and consolidates order information from over 40 sales channels, including marketplaces such as Amazon, eBay, Newegg and Etsy, and e-commerce shopping cart platforms such as Shopify, Volusion, Magento and Bigcommerce.

Littlejohn Reportedly Buys Newgistics

Littlejohn Fund IV, L.P. of Littlejohn & Co. LLC, is apparently buying Newgistics, Inc. Newgistics is currently in the market with a $105 million loan backing Littlejohn’s buyout, according to Thomson Reuters Loan Pricing Corp. Officials for Newgistics could not be reached for comment. A Littlejohn spokesman declined comment.

Newgistics, Inc. Announces New End-to-End E-Commerce Solution Powered by Hybris

Newgistics, Inc. announced a new end-to-end e-commerce solution powered by hybris. Newgistics' end-to-end e-commerce solution will provide retailers with web design, implementation, integration, hosting and support services as well as order management technology and order fulfillment, parcel delivery and returns management. The end-to-end offering, powered by hybris, allows Newgistics to offer customers a complete omni-channel e-commerce solution that fully integrates every step in the order life cycle, from customer acquisition through fulfillment, delivery and returns. The hybris platform offers Newgistics' e-commerce customers the tools to provide shopping experiences across channels and unify commerce processes on one highly flexible platform. The hybris B2C Commerce platform also scales seamlessly with retailers as they grow, eliminating the need to re-platform ever again.

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