World Road is a China-based cross-border logistics company focused on moving goods from Chinese exporters to consumers in the U.S., Europe, and South America. World Road's core customers are large e-commerce platforms and their sellers — including SHEIN, Temu, and AliExpress — who need a single partner to manage the full shipping journey from a Chinese warehouse to a consumer's door. World Road offers two services: a modularized freight forwarding option where customers select individual services à la carte, and a comprehensive end-to-end logistics solution covering origin pickup, international freight, customs clearance, and last-mile delivery. The comprehensive solution now accounts for ~93% of revenue, having grown rapidly as World Road pivoted away from lower-margin standalone freight. World Road does not own aircraft, ships, or trucks — it acts as an integrator, contracting with carriers at each step and earning the spread between what it charges customers and what it pays suppliers. Gross margins are thin at ~6.4%, as the high-volume comprehensive logistics segment carries lower margins than the modularized business. Customer concentration is high — the top three customers accounted for 84% of revenue in FY25. World Road operates primarily out of Wuhan and Shenzhen, with warehousing in the Guangdong/Dongguan area. World Road's growth strategy focuses on expanding route coverage, opening overseas offices in logistics hubs like Los Angeles, upgrading its IT systems, and selectively pursuing M&A.