CN Logistics International

What CN Logistics International does

CN Logistics International Holdings Limited (HKEX: 2130) is a Hong Kong-headquartered, Cayman-incorporated B2B freight forwarding and contract logistics provider founded in 1991 through its air freight operating subsidiary CS Airfreight. The company runs 20 directly owned offices across Greater China, Southeast Asia, Northeast Asia, EMEA (France, Italy, Switzerland, Netherlands), and the United States, supplemented by an agent network claiming coverage in 100+ countries, and employs 600+ professionals. Its enterprise customer base spans luxury and high-end fashion, wine and spirits, beauty and cosmetics, perishable food, healthcare/PPE, and aerospace verticals, with named clients such as I.T (luxury fashion) and wine merchants Major Cellar and L'Imperatrice.

The technology foundation is a proprietary four-system stack: CN WMS (warehouse management with real-time distribution-centre inventory), CN TMS (fleet and route management for owned tractors and trucks), CN OMS (order management with customer POS integration), and Cargo Trace (air, ocean, and AWB/HAWB shipment tracking). These systems are deployed across distribution hubs in China, Hong Kong, Macau, and Taiwan and underpin the company's value-added offerings, including garment-on-hanger (GOH) handling for apparel, temperature-controlled warehousing, white-glove services, cross-border eCommerce fulfilment, and aerospace AOG 24/7 response. The portfolio is extended by wholly-owned platform ventures CNShip4Shop (cross-border groupage eCommerce, 2022) and PJFWines (China cross-border wine marketplace, 2021), plus majority-owned subsidiary Allport Cruise Services.

The business model combines transaction-fee revenue from international freight forwarding (air, ocean, road, rail, customs brokerage) with managed-services revenue from contract logistics, distribution hub services, and eFulfillment in Greater China. Go-to-market is enterprise field sales with dedicated account teams, supplied through long-standing contracted relationships with international airlines and ocean carriers on China/HK–UK, Italy, Australia/NZ, USA, Singapore, and Dubai lanes. The company publicly discloses IATA accreditation and ISO 9001/14001/14064/22301/28000 certifications, plus GDPMD and HKQAA wine-storage qualifications, which together gate entry to regulated verticals. Pricing is quote-based and not publicly disclosed. FY2025 reported revenue was HKD 3,007 million (~USD 385 million), up 9.5% from HKD 2,746 million in 2024 and 43% above the 2023 trough of HKD 2,104 million, while net profit compressed to HKD 22.8 million from HKD 31.9 million in 2024.

Name

CN Logistics International

Legal name

CN Logistics International Holdings Limited

Website

https://cnlogistics.com.hk

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CN Logistics International is a Hong Kong-listed B2B freight forwarding and contract logistics provider, founded 1991, serving luxury fashion, wine, beauty, healthcare, and aerospace clients via 20+ offices and a 100+ country agent network, supported by a proprietary WMS/TMS/OMS technology stack.

Ownership category

akta.pro rank

Product category

Logistics Services

NAICS

Freight Transportation Arrangement (488510), Warehousing and Storage (493), Warehousing and Storage (4931), Freight Transportation Arrangement (48851)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412), Public Warehousing & Storage (4220)

akta.pro primary industry

Real-Time Operational Visibility & Exception Management (TLAEAKAC)

akta.pro secondary industries

Customs Brokerage for Ocean Shipments (Import/Export Clearance) (TLACABAG), Trade Compliance & Ocean Regulatory Services (Sanctions/Export Controls) (TLACABAL)

Keywords

• International freight forwarding
• Contract logistics
• Warehouse management
• Supply chain management
• ECommerce fulfillment

Headquarters

HQ city

Kwai Tsing

HQ country

Hong Kong SAR China

HQ region

Asia

Offices20 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. International Freight Forwarding Services: Core revenue stream from air freight, ocean freight, rail freight, and road freight forwarding services. Revenue generated through cargo handling fees, freight charges, and customs brokerage services. Includes consolidation services to and from major international trade centers.
2. Distribution and Logistics Services: Distribution hub services, domestic transportation, and eFulfillment services. Revenue from warehousing, storage management, and last-mile delivery operations in China, Hong Kong, Macau, and Taiwan.
3. Specialized Industry Solutions: Vertical-specialized logistics for high-fashion, luxury goods, wine and spirits, beauty and cosmetics, perishable products, healthcare, and aerospace. Value-added services include garment-on-hanger (GOH), temperature-controlled storage, white gloves services, and cross-border eCommerce fulfillment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

CN Logistics International provides B2B integrated freight forwarding services (air, ocean, road, and rail freight plus customs brokerage) and distribution & logistics services (warehousing, distribution hubs, domestic transportation, and eFulfillment) for enterprise customers across luxury fashion, wine & spirits, beauty, healthcare, aerospace, and food & beverage verticals. The offering is supported by a proprietary technology stack (CN WMS, CN TMS, CN OMS, Cargo Trace) that delivers real-time inventory visibility and end-to-end supply chain management through a network of 20 owned offices and partners spanning 100+ countries.

Product overview

CN Logistics International Holdings Limited (stock code: 2130.HK) is a Hong Kong-listed international logistics solutions provider founded in 1991, operating a portfolio of proprietary technology platforms integrated with freight forwarding and contract logistics services. Its core technology stack comprises CN WMS (warehouse management system with real-time inventory and work allocation across distribution centres globally), CN TMS (transportation management system for fleet management and cargo tracking), CN OMS (order management system interfacing eCommerce platforms with the WMS), and Cargo Trace (shipment tracking system). These proprietary systems power the company's freight forwarding services (air, ocean, road, and rail freight, plus customs brokerage) and distribution/logistics services (distribution hubs, domestic transportation, and eFulfillment). The company also operates two sub-brands: CNShip4Shop (a 2022 eCommerce groupage platform for Asian consumers) and PJFWines (a 2021 China cross-border marketplace for premium wines). The portfolio is complemented by subsidiary Allport Cruise Services and a suite of green/sustainability solutions.

Differentiator

Problem solved

Functional benefit

Brands

• CNShip4Shop: eCommerce platform launched by CN Logistics in May 2022, providing one-stop international groupage solutions to customers in Asian regions.
• PJFWines
• CN WMS
• CN TMS

Products and services

• Air Freight Forwarding
• Ocean Freight Forwarding
• Road Freight Forwarding
• Rail Freight Forwarding
• Custom Brokerage
• Distribution Hub Service
• Domestic Transportation
• eFulfillment
• PJFWines
• CNShip4Shop
• Allport Cruise Services
• CNL Green Solutions

Quantifiable outcome

• Revenue increased by 30.5% to HK$2,745.5 million in 2024
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core.

• CNShip4ShopcoreOthers · 1 May 2022Brand-new eCommerce platform launched by CN Logistics in May 2022, integrating advanced technology and logistics expertise to provide one-stop international groupage solutions to customers in Asian regions. Enables consumers to 'Buy to Fulfil Your True Character'.
• PJFWinescoreOthers · 1 August 2021First content-driven China cross-border marketplace for premium and fine wines launched August 2021. Provides all-in-one solutions from product listing, wine transactions and records, cross-border logistics management, marketing and promotions, to community management by wine experts and influencers. Partnered with over 30 merchants.
• Allport Cruise ServicescoreOthersInternational logistics company specializing in cruise logistics. Offers integrated supply chain solutions to cruises in China, Europe, Australia, the United States and Asia. Subsidiary with advanced IT systems, well-equipped warehouses in different cities and extensive global business networks.
• CS AirfreightcoreOthersIndirect non-wholly owned subsidiary incorporated as air freight forwarding operating arm in 1991. One of the first B2B integrated freight forwarding solutions providers in China and Hong Kong.
• International Airlines and Ocean CarrierscoreStrategic or Co-development PartnerLong-standing partnerships with internationally renowned airlines and prominent ocean carriers. Contracted with carriers for China/Hong Kong and U.K., Italy, Australia, New Zealand, U.S.A., Singapore, and Dubai trade lanes. Provides preferential rates and capacity access.
• International Freight Forwarding Partners and AgentscoreChannel Partner/ Reseller/ DistributorNetwork of international freight forwarding partners and agents across the world enabling services in over 100 countries and regions. Strong presence in over 50 nations for sea freight with business partners and agents.
• Cargo Service GroupcoreStrategic or Co-development PartnerParent Group with strong exposure in ocean freight forwarding. CN Logistics leverages Parent Group's close partnership with prominent ocean carriers to provide reliable maritime solutions to customers.

Scale indicators10 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Sinotrans Limited: Mainland China's largest freight forwarder and logistics company, listed in Hong Kong. Closest direct competitor by geography (China/HK origin) and service mix (air, ocean, road, rail forwarding plus contract logistics).
• Kerry Logistics Network Limited: Hong Kong-listed integrated logistics and freight forwarding provider with strong Asia-Pacific presence and similar service mix across forwarding, warehousing, and contract logistics. One of the closest comparables in scale and geography.
• Expeditors International of Washington, Inc. US-listed global freight forwarder specializing in air and ocean freight forwarding with proprietary IT systems. Highly comparable business model as a pure-play international forwarder with technology-driven operations and Asia-Pacific exposure.
• Yusen Logistics Co., Ltd. Asia-headquartered global logistics provider (NYK Group) offering air/ocean forwarding, contract logistics, and warehousing with strong Japan and intra-Asia networks. Comparable B2B forwarder with similar Asia-anchored service mix.
• C.H. Robinson Worldwide, Inc. US-listed global freight forwarder and 3PL with strong North American presence and growing international footprint including Asia. Comparable asset-light freight forwarding and supply chain business model with technology-enabled visibility tools.

Broad incumbents

• Kuehne+Nagel International AG: One of the world's largest global freight forwarders with air, ocean, road, and rail forwarding plus contract logistics. Directly comparable as a multi-modal B2B forwarder, though operating at materially greater scale across a broader geographic and industry footprint than CN Logistics.
• Nippon Express Holdings, Inc. Japan-based global logistics group providing freight forwarding, warehousing, and moving services across air, ocean, and surface modes. Comparable forwarding capabilities within an Asia origin, with a much larger and more diversified portfolio.
• DHL Global Forwarding (Deutsche Post DHL Group): World-leading air and ocean freight forwarder within Deutsche Post DHL Group. Overlapping forwarding capabilities but operates as part of a far broader integrated logistics, parcel, and supply chain portfolio rather than as a China-Asia specialist.
• DSV A/S: Global transport and logistics company formed through consolidation including the recent Schenker acquisition; offers air, sea, and road freight forwarding plus contract logistics. Comparable forwarding services, though at substantially larger scale and broader geographic base.
• CEVA Logistics (CMA CGM Group): Global third-party logistics provider owned by CMA CGM, offering air/ocean forwarding, contract logistics, and ground transportation. Directly comparable forwarding and contract logistics capabilities, embedded within a larger ocean carrier parent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/cnlogisticslimited
• LinkedInlinkedin.com/company/cnlogisticslimited
• Instagraminstagram.com/cn_logistics

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CN Logistics International