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Jayud Global Logistics is based in Shenzhen and helps manufacturers and e-commerce merchants move goods across borders. Customers pay it to coordinate transport, customs clearance, warehousing and delivery, either for an entire supply chain or for selected steps. For air shipments, it buys cargo space from airlines and resells that capacity to customers, with additional charges for services such as trucking and customs clearance.
Freight forwarding brings in most of its revenue, but international trading is also a substantial part of the business. Jayud buys and wholesales goods, including electronic devices and chips, earning product-sales revenue rather than just logistics fees. In this business, it bears the risk of holding inventory and extending credit to customers.
A significant share of orders comes from merchants selling on e-commerce platforms. The business therefore depends on cross-border trade and e-commerce demand, as well as access to air, ocean and road carriers at workable prices. Its largest customers collectively supply a sizeable share of revenue. Tariffs and restrictions on cargo movement affect shipment demand and routes; its Chinese operations also require transport permits and freight-forwarding and customs filings, which it says it has completed for its current activities.
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Beyond its freight-forwarding rivals, Jayud depends on electronics and chip trading, major logistics customers such as Lenovo, and suppliers such as Hongkong Boyatong Supply Chain Management, which accounted for 30.4% of its 2025 purchases.
New Century Logistics (BVI) Limited competes with Jayud for customers paying to move goods through Hong Kong-linked networks: both arrange and resell airline cargo space and provide ocean shipping, customs clearance and warehousing. Its dominant air freight business is the closest comparison for Jayud’s cargo-space resale business.
Globavend Holdings Limited competes with Jayud by charging customers for cross-border shipment coordination and air freight from the China–Hong Kong region, but focuses on e-commerce parcels from Hong Kong to Australia and New Zealand. Its integrated logistics revenue is therefore a narrower comparison than Jayud’s broader international freight business.
PS International Group Ltd. competes with Jayud by buying airline cargo space in volume and reselling freight services, though its paying customers are mainly other forwarders and logistics providers. Watch its air freight revenue—the business accounted for 98.3% of its total revenue in 2025—as a comparison for Jayud’s airline-space resale operation.
Expeditors competes with Jayud for shippers paying for international air and ocean freight; both buy carrier capacity in bulk and resell transport services. Its airfreight revenue, approximately 36% of total revenue in 2025, offers a comparison for Jayud’s air forwarding business rather than its entire business.
Singularity Future Technology competes with Jayud for customers paying to collect, combine and deliver China-origin cross-border cargo, but leans more toward ocean freight and industrial customers. Its freight logistics results are most relevant to that part of Jayud’s business, especially shipments for steel and manufacturing customers.
C.H. Robinson’s Global Forwarding business competes with Jayud for shippers buying air freight, ocean freight and help clearing customs in Asia and other international markets. Watch that division’s results, rather than its North American trucking brokerage, for the closer comparison with Jayud.
Forward Air’s Omni Logistics competes with Jayud for customers paying for international shipping, ongoing logistics contracts and tailored supply-chain services across Asia and the Americas. Omni accounted for approximately 50% of Forward Air’s consolidated revenue in 2025, making its results the relevant comparison rather than Forward Air’s other divisions.
Radiant Logistics, Inc. competes with Jayud by arranging international air and ocean shipments, customs clearance and distribution for paying customers, although its operations are concentrated in the U.S. and Canada. Its margin between customer charges and payments to transport providers offers a comparison for the economics of arranging freight, not a direct read on Jayud’s China-linked network.
C.H. Robinson Worldwide, Inc. earningsCHRW
C.H. Robinson’s Global Forwarding results show how shippers are buying international air and ocean freight and customs services, and how the competitor is handling transport costs—conditions that bear directly on Jayud’s freight-forwarding business.
Read Global Forwarding revenue alongside its operating margin. Rising revenue with a steady or improving margin suggests international shipping demand is holding up without transport costs consuming too much of the service revenue, which would mean less pressure on Jayud’s comparable forwarding business. Falling revenue and margin would point to weaker demand or a tighter spread between customer charges and transport costs, a possible pressure on Jayud too; the companies’ scale and networks differ.
Forward Air Corp earningsFWRD
Omni Logistics’ results show whether customers are buying Forward Air’s international shipping and tailored supply-chain services, and whether the business is delivering them profitably—areas where it competes with Jayud for some logistics contracts.
Read Omni Logistics’ revenue together with its profitability. Growth in both suggests customers are buying tailored logistics services and the company can deliver them at workable cost, supporting demand in the market where Jayud competes for similar contracts. Weaker revenue or profitability could mean customers are buying less or service costs are harder to cover, which matters for Jayud’s related business too; Omni is not the same business as Jayud’s supply-chain management line.
Radiant Logistics, Inc. earningsRLGT
Radiant Logistics’ results show how the gap between customer charges and transport-provider costs is changing, offering a reference for the fee spread and cost pressure in Jayud’s freight-forwarding business.
Look at the margin between what Radiant charges customers and what it pays transport providers. A stable or wider margin shows it is preserving room between service fees and capacity costs in its own market, a favorable reference for the economics of Jayud’s forwarding business; a narrowing margin points to customer pricing or provider costs squeezing that room. Radiant is concentrated in the U.S. and Canada, so it is not a direct read on Jayud’s China-linked network.
