Skip to main content

SIB Holdings Merges with Shipware

Written by Customer Service on . Posted in Mergers And Acquisitions.

CHARLESTON, S.C., Dec. 17, 2021 (GLOBE NEWSWIRE) — SIB Holdings, parent to one of North America’s largest cost reduction consulting firms SIB Fixed Cost Reduction, has expanded its breadth of offerings with the addition of Shipware, a respected leader in minimizing expenses for corporate supply chain and logistics services.

Shipware provides contract optimization, benchmarking analysis, spend-management reporting and invoice audit services to help clients reduce small parcel and LTL (less-than-truckload) shipping costs. The company’s cloud-based reporting platform delivers powerful analytics for greater spend-management visibility and empowers clients to make intelligent cost-saving transportation decisions.

“As our clients’ needs for shipping and logistics increase, the partnership with Shipware became paramount to our continued growth,” said Kevin Flounders, chief executive officer of SIB Holdings and SIB Fixed Cost Reduction. “SIB’s commitment to bring together industry-leading specialists to bolster our complete offering is memorialized with this amazing partnership.”

“Shipware delivers world-class technology, analytics and strategies that address the biggest concerns in today’s parcel & LTL shipping market: cost, carrier complexity and capacity constraints,” said Rob Martinez who founded Shipware with Trevor Outman in 2001. “Our solutions guarantee cost savings as high as 30 percent with no required changes in carriers, no disruption to the shipping operations and little time involvement on our clients’ part. We are pleased to join SIB as we work together to deliver operationally integrated spend-management solutions across dozens of spend categories to drive strategic value for our clients.”

As part of its growth strategy, SIB continues to expand and enhance its service offerings through acquisitions of like-minded companies. Since September 2020 SIB has acquired Cost Control Associates for energy expense management; The Fox Consulting Group for cellular, voice, data/networking, cloud services and credit card processing consulting; Sage for best-in-class software-driven solutions that enable clients to optimize their communications inventory and spend; and now Shipware for shipping solutions and strategies.

About SIB Holdings
SIB Holdings is the parent company of SIB Fixed Cost Reduction, Cost Control Associates, The Fox Consulting Group, Sage and Shipware. Each company contributes its own high level of expertise to create a dynamic synergy that provides the best cost-reduction and data management services available for telecom, energy, waste management, shipping and logistics, treasury and other expense categories. Together SIB has saved more than $4 billion dollars for businesses in all industries across North America. Services include invoice audits, bill pay, enhanced data and account management, energy procurement and account open/close services. For more information, visit aboutsib.com.

About Shipware
Shipware offers superior audit and consulting services to quickly generate bottom line savings for volume parcel and LTL shippers. Shipware pricing and data analysts combine client shipping data with customized technology and expertise to analyze and uncover savings opportunities. Their comprehensive solution suite includes distribution spend analysis, carrier contract negotiation, modal optimization, parcel and LTL invoice auditing, logistics efficiency metrics reporting and data processing and licensing. For more information, visit shipware.com.

CONTACT: MEDIA CONTACT: Rachel Floyd
Email: rachel@aboutsib.com
Phone: 843-576-3616  

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.