EV Cargo, a global freight forwarding, supply chain and technology company which manages supply chains for the world’s leading brands, is targeting to grow from its current base of $1.4 billion and surpass $3 billion of revenue by 2025.
In a statement, the company said it plans to build on its strong existing geographic footprint in Asia and Europe, as well as expand into the US by acquiring and collaborating with other supply chain companies.
Heath Zarin, Founder and CEO of EV Cargo, said, “EV Cargo is on target to surpass $1.5 billion of annual revenue and continues to provide excellent service to our customers during an incredibly challenging time for global supply chains.
“Thanks to years of hard work by some of the brightest people I have ever worked with, EV Cargo enters this next phase of development from a position of strength, as we power the global economy by providing technology-enabled supply chain services.
“We are all very excited about our plans for growth and expansion.”
The global supply chain has faced severe challenges in recent months as the COVID-19 pandemic has added to the problems of data visibility and stakeholder collaboration.