Core Insights - Gofo Express has opened its first U.S. super hub in Newark, New Jersey, marking its transition from a regional to a national courier service [1] - The Newark facility spans over 400,000 square feet and is equipped to process more than 40,000 parcels per hour, with a daily capacity exceeding 700,000 parcels [2] - The company plans to invest $150 million in two e-commerce distribution centers to enhance its infrastructure for middle-mile and last-mile delivery [3] Company Overview - Gofo Express, founded in 2023 by Chuan Zhen, is a logistics provider that emerged post-pandemic, offering competitive pricing compared to FedEx and UPS [4] - The company has rapidly expanded its logistics network across the U.S., currently operating nearly 100 hubs and stations supported by over 30 linehaul routes [6] - Gofo employs more than 1,000 full-time employees and collaborates with delivery service partners for last-mile delivery [6] Market Position and Expansion - A significant portion of Gofo's historical volume has come from e-commerce merchants linked to China, but it is increasingly serving North American retailers and smaller online sellers [5] - The company's network currently covers 8,000 zip codes, representing 70% of the U.S. population, with plans to reach 10,000 zip codes by the end of 2025 [7]
Two last-mile parcel carriers open large US sortation centers
Yahoo Financeยท2025-10-06 14:09