Chicago Tribune

With $40M in new investment, this young logistics company aims to battle Amazon

With $40 million in new investments announced Thursday, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion - starting with a new fulfillment warehouse and a push to hire 100 people in the next year.

The startup aims to help small to midsize e-commerce companies ship their products at speeds similar to Amazon. Shipping logistics tends to be the hardest part of launching an e-commerce brand, said Dhruv Saxena, ShipBob's co-founder and CEO.

"The expectation from a customer standpoint is that they will get all of their e-commerce orders delivered to them like Amazon Prime:

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