
Worldwide Logistics Group
Total visualization on logistics process.
Date | Investors | Amount | Round |
---|---|---|---|
* | $264m | Late VC | |
Total Funding | 000k |
Related Content
Established in 2003 with its headquarters in Shanghai, Worldwide Logistics Group (WWL) operates as a comprehensive international logistics provider. The company was co-founded by Chairman Joe Monaghan, a logistics veteran with over 40 years of industry experience, including executive roles at Fritz Companies and OOCL. WWL has grown from its origins to become a significant player in the global market, recognized as a 5A-grade logistics enterprise in China and ranking among the top global freight companies. A significant milestone was achieved in October 2021 when the company secured a Series A funding round of $263 million from investors including COSCO Shipping, Cainiao, Sinovation Ventures, and Yunqi Partners.
Worldwide Logistics Group provides end-to-end integrated logistics services to a diverse client base that spans industries such as food, chemicals, fashion, and e-commerce across more than 100 countries. The firm's business model is centered on offering a wide array of services, including sea and air freight, land transportation, customs brokerage, warehousing, and project logistics. Revenue is generated by providing these tailored supply chain solutions. The company has strategically expanded its physical presence to over 40 offices globally, including locations in North America, Southeast Asia, and Europe, supporting a workforce of over 2,000 employees.
At the core of its operations is a proprietary digital SaaS platform designed to enhance transparency and efficiency. This platform connects clients with a network of shipowners, airlines, and other service providers, enabling real-time access to freight rates and a suite of supporting services. This digital ecosystem provides users with a one-stop, visual, and interconnected logistics management experience. The company's service portfolio is comprehensive, featuring seven main product lines such as full container load (FCL), less-than-container-load (LCL), bulk cargo, chemical logistics, and cross-border e-commerce solutions, demonstrating its capability to handle a wide spectrum of logistical challenges.
Keywords: international logistics, freight forwarding, supply chain management, sea freight, air freight, customs brokerage, warehousing solutions, digital logistics, SaaS platform, end-to-end logistics, global freight, China logistics, cross-border e-commerce, third-party logistics (3PL), integrated logistics, Shanghai, Joe Monaghan, container shipping, multimodal transportation, supply chain technology