- 9 October 2019
- Transport / Logistics Services
Third party logistics company Capstone Logistics LLC has acquired the final mile delivery software business MileZero Inc.
MileZero was founded by former Amazon VP of Transportation Technology, Charles Griffith. At Amazon Griffiths worked on sortation technology and worldwide final mile delivery.
From Capstone Logistics point of view this broadens its global footprint to Australia and other countries. With US e-commerce exports growing rapidly, this is seen as a strong area of growth.
“I am excited about the opportunity to add this cutting-edge technology developed by Charles Griffith and his team to the Capstone portfolio,” said Steve Taylor, Chief Executive Officer of Capstone. “The combination of MileZero software and Capstone’s industry-leading executional capabilities allows us to provide our partners with a seamless, end-to-end, last mile delivery solution.”