EV Cargo
EV Cargo is a global logistics and supply chain platform providing air, sea and road freight, contract logistics and SaaS software to enterprise customers across 25 countries, recently pivoted to an asset-light global forwarding model under the Allport brand and Palletforce network following the March 2026 sale of its UK Solutions and Distribution arm.
- Company typePrivate
- Founded2019
- HeadquartersLondon, United Kingdom
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What EV Cargo does
EV Cargo is a privately-held global logistics execution and supply chain services platform headquartered in Hong Kong and registered in the United Kingdom, created in 2019 by private equity firm EmergeVest through the consolidation of six logistics companies — Allport Cargo Services, CM Downton (now EV Cargo Logistics), Jigsaw, NFT Distribution, Palletforce and EV Cargo Technology — into a unified business initially generating £850m of revenue. The company operates across four segments: express palletized freight via the Palletforce member-haulier network, global forwarding under the Allport brand, contract logistics, and supply chain software; it runs 100+ locations in 25 countries, employs over 2,500 supply chain professionals, and annually moves 350,000 TEU of sea freight, 110,000 tonnes of air freight, 4.5 million LTL pallets and 500,000 FTL loads, backed by 1.5 million square feet of warehousing and a fleet of approximately 350 owned trucks. Its technology backbone is ONE EV Cargo, a digital platform that connects 20,000 supply chain professionals and 6,000 factories annually, processes 3.9 million orders and 1.1 million SKUs, and incorporates modules for visibility (EV Flow), ethical sourcing (EV Source), on-demand warehousing, and a generative AI virtual assistant (EVie).
EV Cargo serves enterprise customers across consumer/retail, industrial/manufacturing, specialist (aerospace, defence, alcohol, dangerous goods) and e-commerce verticals, with named logos including Marks & Spencer, Pets at Home, UPM, Hydro Extrusions, Encirc and Budweiser Brewing Group; revenue is generated through transaction fees on freight forwarding, managed services for contract logistics and warehousing, subscription/recurring fees for SaaS software, and professional services for customs, purchase order management and reverse logistics. Pricing is bespoke and negotiated under multi-year enterprise contracts, supported by an enterprise field-sales GTM, the Palletforce channel network in the UK, and the Allport-led sales motion for global forwarding.
In March 2026, EV Cargo divested its UK Solutions and Distribution arm — including CM Downton and NFT Distribution — to William Stobart's WS Holdco (combined group projected at over £300m annual revenue), pivoting to an asset-light pure-play global forwarding model under the Allport brand and Palletforce network. The divestiture was designed to reduce debt and free capital for technology investment and international expansion across the remaining 21-country network, while preserving optionality on a future sale, merger or IPO.
EV Cargo firmographics
Firmographics- Name
- EV Cargo
- Legal name
- EV Cargo
- Website
- https://evcargo.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- EV Cargo is a global logistics and supply chain platform providing air, sea and road freight, contract logistics and SaaS software to enterprise customers across 25 countries, recently pivoted to an asset-light global forwarding model under the Allport brand and Palletforce network following the March 2026 sale of its UK Solutions and Distribution arm.
- Ownership category
- akta.pro rank
Where EV Cargo is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices5 records
Markets served
EV Cargo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Air and Sea Freight Forwarding: International air and sea freight services including multimodal solutions connecting manufacturers and retailers worldwide. Revenue generated through freight rates, handling fees, and value-added forwarding services.
- Road Freight Services: UK and European road freight services spanning LTL (4.5 million pallets annually) and FTL (500,000 loads annually) operations through owned fleet and partner network.
- Contract Logistics and Warehousing: Flexible range of short and long term handling, storage and fulfillment solutions with over 1.5 million square feet of warehousing space.
- Supply Chain Software: SaaS-based supply chain management software including visibility platforms, compliance tools, and optimization solutions for enterprise customers.
- Value Added Services: Additional services including customs and trade solutions, purchase order management, reverse logistics, and packaging optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise global forwarding services with customized pricing based on shipment volume and service requirements |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
EV Cargo product offering
Product offeringCore offering
EV Cargo provides integrated global supply chain services including air and sea freight forwarding, UK and European road freight (LTL and FTL), contract logistics and warehousing, and SaaS-based supply chain management software. Services are delivered through the ONE EV Cargo digital platform connecting buyers, producers and logistics service providers across 100+ locations in 25 countries.
Product overview
EV Cargo is a global logistics execution and supply chain services platform organized into four main operating segments: Express (Palletforce network), Global Forwarding (Allport), Logistics, and Technology. The portfolio includes air freight (110,000 tonnes annually), sea freight (350,000 TEU annually), road freight (4.5 million LTL pallets and 500,000 FTL loads annually), and contract logistics (1.5 million sq ft warehousing). The technology offering centers on ONE EV Cargo, a digital platform connecting thousands of buyers, producers and logistics service providers for international movement of goods, data and funds, complemented by supply chain software modules (EV Source for ethical sourcing, EV Flow for visibility, and on-demand warehousing). Value-added services include customs solutions, purchase order management, and reverse logistics. Following the March 2026 sale of UK Solutions and Distribution to William Stobart, EV Cargo has pivoted to an asset-light global forwarding model.
Differentiator
Problem solved
Functional benefit
Brands
- ONE EV Cargo: Leading digital platform powering global trade and delivering technology-enabled supply chain management for customers, connecting buyers, producers and logistics service providers worldwide.
- EVie AI
- EV Flow
- EV Source
Products and services
- Air Freight Services Comprehensive international air freight services including innovative multimodal solutions connecting manufacturers and retailers worldwide. Moves 110,000 tonnes of air freight annually for enterprise clients.
- Sea Freight Services International sea freight services including FCL and LCL solutions. Moves over 350,000 TEU of sea freight annually, connecting manufacturers and retailers across global trade lanes.
- Road Freight Services UK and European road freight services covering LTL (4.5 million pallets annually) and FTL (500,000 loads annually) shipments. Connects UK daily with 27 countries across the European mainland using 350 owned trucks and partner carrier network.
- Contract Logistics Services Flexible short and long term handling, storage and fulfilment solutions with over 1.5 million square feet of warehousing space, including own-operated and on-demand capacity. Includes manufacturing logistics, inbound/outbound management, and JIT delivery.
- Value Added Services Additional services powered by people and technology including customs and trade solutions, purchase order management, reverse logistics, and packaging optimization to enhance supply chain operating models.
- Supply Chain Software Comprehensive and integrated range of SaaS supply chain management software modules spanning product lifecycle from concept to consumer, including inventory management, order fulfillment, ethical sourcing (EV Source), flow visibility (EV Flow), and the Single Global Visibility logistics system.
- Palletforce Express Palletized Freight Network UK express palletized freight network connecting over 100 members. First UK pallet network to offer AI technology, with emissions reporting for decarbonization and premium nationwide palletized delivery coverage.
- EV Cargo Global Forwarding (Allport) Global forwarding operations providing freight brokerage, parcel shipping, and e-commerce fulfillment. Offers AI-enabled multimodal logistics across 100+ locations in 25 countries under the Allport brand.
- ONE EV Cargo Digital Platform Digital platform powering global trade and delivering technology-enabled supply chain management. Connects thousands of buyers, producers and logistics service providers worldwide for secure international movement of goods, data and funds.
- Fashion Logistics Specialized logistics solutions for fashion sector including global connectivity, pre-retail boxed-to-hanging conversion, garment storage, quality inspection, seasonal demand flexibility, and final-mile delivery to retail.
- On-Demand Warehousing Flexible, scalable storage solution providing secure warehouse capacity to handle growing business needs, paired with efficient order processing for smooth operations across key markets.
Quantifiable outcome
- Reduced empty running from 32% to 12%
- +5 more outcomes
Companies that use EV Cargo
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles5 records
EV Cargo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature7 records
EV Cargo partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered major divestment, core and minor.
- William Stobart (WS Holdco)major divestmentWS Holdco acquired EV Cargo's UK Solutions and Distribution arm including CM Downton and NFT Distribution, with combined group projected to generate over £300 million annual revenues. Deal completed March 17, 2026.
- SamsaracoreImplemented Samsara dash cams across EV Cargo's fleet of approximately 200 HGVs and 500 drivers in the UK to improve driver safety, enable faster incident triage, and reduce accident-related costs and insurance premiums through in-cab video technology.
- Major Airlines and Ocean CarrierscoreStrategic partnerships with world's leading airlines and ocean carriers enabling global freight forwarding services. EV Cargo leverages these carrier relationships to provide comprehensive air and sea freight solutions.
- Palletforce Network MemberscorePalletforce operates as an express palletized freight network comprising independent member hauliers across UK. EV Cargo provides technology, training, and operational support while members deliver localized services.
- Budweiser Brewing GroupminorPartnership with Budweiser Brewing Group on HVO (Hydrotreated Vegetable Oil) fuel switch to reduce carbon emissions, supporting EV Cargo's sustainability objectives.
- EncirccoreStrategic logistics partnership for glass bottle transportation, scaling from 40 to over 100 loads per day with focus on sustainability through HVO fuel usage and real-time tracking technology.
Scale indicators16 records
Recent moves14 records
Expansion highlights6 records
EV Cargo competitors and assessment
Company assessmentDirect peers
- Kuehne+Nagel: One of the world's largest global freight forwarders with strong air and sea freight forwarding, contract logistics, and integrated supply chain solutions across 100+ countries. Closely comparable to EV Cargo's Allport global forwarding operations in business model, multi-modal offerings, and enterprise customer focus.
- DSV: Global transport and logistics company built largely through M&A consolidation, offering air and sea freight, road transport, and contract logistics. Highly comparable to EV Cargo in its PE-style roll-up origin, multi-brand structure, and global forwarding-led business model.
- Expeditors International: Pure-play global logistics provider focused on international freight forwarding (air and ocean) and customs brokerage, with technology-enabled supply chain solutions. Closely comparable to EV Cargo's Allport forwarding franchise in asset-light model and enterprise customer orientation.
- Kerry Logistics Network: Asia-based global logistics provider offering freight forwarding, contract logistics, and supply chain solutions across Asia and internationally. Comparable to EV Cargo's Asia-forwarding growth strategy, Hong Kong headquartered global operations, and integrated forwarding-plus-contract logistics model.
- Yusen Logistics: Japan-headquartered global logistics company offering air and ocean freight forwarding, contract logistics, and supply chain management. Comparable to EV Cargo in its combination of global forwarding, contract logistics, and technology-enabled visibility platforms serving enterprise customers.
- Pall-Ex: UK palletised freight distribution network connecting independent member hauliers for next-day and economy pallet delivery. Direct peer to EV Cargo's Palletforce network in business model, UK domestic pallet distribution, and independent haulier membership structure.
Broad incumbents
- DHL Global Forwarding: The freight forwarding arm of Deutsche Post DHL Group, providing air, sea, and road freight forwarding alongside supply chain solutions globally. Comparable to EV Cargo's Allport forwarding business, though operating at vastly larger scale as part of a broader logistics conglomerate.
- CEVA Logistics: Global third-party logistics provider owned by CMA CGM, offering freight management, contract logistics, and finished vehicle logistics. Comparable to EV Cargo in multi-modal global forwarding and contract logistics scope, though operating with broader geographic and ocean carrier integration.
- Geodis: France-headquartered global logistics provider offering freight forwarding, contract logistics, distribution, and supply chain optimization. Comparable to EV Cargo in its integrated forwarding-and-contract logistics platform model serving enterprise customers across multiple verticals.
- XPO Logistics: Global provider of less-than-truckload transportation and logistics services, with significant contract logistics and freight forwarding operations. Comparable to EV Cargo's road freight and contract logistics scope, though with much larger North American concentration and broader portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
EV Cargo social profiles
Digital presenceEV Cargo compliance and trust
Trust signalCompliance8 records
EV Cargo financial estimates
Financial estimateRevenue estimate
Valuation estimate
EV Cargo leadership team
Management profileNumber of profiles
Profiles9 records
EV Cargo subsidiaries and ownership
Company hierarchySubsidiaries8 records
EV Cargo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EV Cargo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EV Cargo
What does EV Cargo do?
EV Cargo provides integrated global supply chain services including air and sea freight forwarding, UK and European road freight (LTL and FTL), contract logistics and warehousing, and SaaS-based supply chain management software. Services are delivered through the ONE EV Cargo digital platform connecting buyers, producers and logistics service providers across 100+ locations in 25 countries.
Is EV Cargo a public or private company?
EV Cargo is a private company. It is classified as private equity controlled and is currently operating.
When was EV Cargo founded?
EV Cargo was founded in 2019. It employs 1,001 to 5,000 people.
Where is EV Cargo based?
EV Cargo is headquartered in London, United Kingdom, in the Europe region.
How does EV Cargo make money?
Five revenue lines are on record. Air and Sea Freight Forwarding is the primary driver. The others are road Freight Services, contract Logistics and Warehousing, supply Chain Software and value Added Services.
Who are EV Cargo's main competitors?
Direct peers on record are Kuehne+Nagel, DSV, Expeditors International, Kerry Logistics Network, Yusen Logistics and Pall-Ex. Broad incumbents are DHL Global Forwarding, CEVA Logistics, Geodis and XPO Logistics.
Does EV Cargo have an API?
No public API is recorded for EV Cargo.