Nearly one-fifth of all air freight worldwide is chilled goods. Additionally, a sizable portion of that is exported. Exporting goods to international markets, particularly Asia, is more common and significantly more profitable than exporting to US domestic markets.
The Eurofreight International Group, with its headquarters in Stockholm, Sweden, is one of the biggest global freight firms. According to IBISWorld, Eurofreight controlled 31% of the global market for goods forwarding in 2017. However, it wasn't until 2008—quite recently—that it was introduced to the American market. By growing
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In the wake of Alibaba's groundbreaking initial public offering (IPO) last month and of its aggressive global expansion strategy, Alibaba could have faced a number of formidable challenges in bringing its logistics network into place. During the IPO process, Alibaba disclosed the launch of a rail, road and air freight network in China, a global enterprise platform and an effort to build one of the world's largest distribution networks in international freight and logistics. When Alibaba's decision to launch an international express and freight network was revealed in November 2014, much of t
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