The acquisition is anticipated to strengthen Rocketship’s logistics community and develop its supply footprint.
LOGISTICS firm Rocketship Courier Companies Restricted has acquired Dependable Courier Jamaica because it seeks to strengthen its logistics community and enhance service supply throughout the island.
“This acquisition will improve our supply operations because it plans to leverage Dependable’s supply service to get your packages on to your door,” Rocketship mentioned in a press release to prospects on Monday.
Dependable Courier operates areas in Kingston, Portmore, Might Pen, and Previous Harbour, which can add to Rocketship’s six current areas, 4 in Kingston — Village Plaza, The Waterloo, Orchid Village Plaza, and Market — one in Portmore at Hungway Procuring Mall, and one in Montego Bay at Barnett Enterprise Centre, thereby increasing Rocketship’s footprint throughout Jamaica. As a part of the acquisition, Rocketship and Dependable will now function from shared warehouses in Miami and Jamaica, a transfer aimed toward bettering package deal dealing with and processing occasions. Moreover, Dependable Courier’s prospects will profit from a newly upgraded portal that includes a extra fashionable and intuitive design, together with real-time alerts for well timed package deal updates.
“We’re enthusiastic about this new chapter and count on that the Dependable enterprise might be a significant contributor to future development,” the corporate said. “As all the time, we stay dedicated to delivering sooner, extra dependable service for you.”
Regardless of the growth, efforts to acquire a remark from Dependable Courier have been unsuccessful as calls to the corporate went unanswered. Rocketship has additionally but to point when it is going to reply to questions concerning the transaction. Barita Investments, which served as Rocketship’s dealer, facilitated the transaction, with funds being disbursed in September 2024.
Whereas the official announcement was made just lately, indicators of the acquisition have been evident earlier as Dependable Courier had been actively recruiting workers since August 2024, primarily based on job commercials posted on its social media platforms. Based in 2019, Rocketship has rapidly grown, offering prospects with same-day delivery providers. Dependable Courier, additionally established in 2019, has equally expanded inside Jamaica’s logistics business. Orane Edwards, founder and CEO of Rocketship, beforehand said that the corporate was looking for capital to help future growth plans, following the signing of its dealer settlement final yr.
“Over the subsequent three to 5 years we goal to attain some strategic targets corresponding to department community, increasing our community, launching new services, and usually strengthening our logistics pipeline,” he mentioned in a video posted to Barita Funding’s social media pages.
