KLN Logistics Group has announced the Group’s interim results for the six months ended 30 June 2025. Revenue grew by 7.0% year-on-year to HK$27,211.0 million (H1, 2024: HK$25,432.0 million). Core operating profit increased by 12.0% to HK$1,348.0 million (H1, 2024: HK$1,200.0 million). Core net profit also increased by 12.0% year-on-year to HK$681.0 million (H1, 2024: HK$606.0 million)

Excluding the one-off gain on distribution/cessation of the Group’s express operations in H1, 2024, profit attributable to the shareholders achieved 34.0% growth in H1, 2025, amounted to HK$648.0 million (H1, 2024: HK$485.0 million)

Integrated Logistics (‘IL’) business recorded a segment profit of HK$713.0 million (H1, 2024: HK$681.0 million), which represents an increase of 5.0%. International Freight Forwarding (‘IFF’) business recorded a segment profit of HK$919.0 million (H1, 2024: HK$752.0 million), which represents a growth of 22.0%.

In 2025 1H, rapid shifts in trade policies challenged and reshaped the global logistics industry, leading to high volatility in freight rates. Against this backdrop, KLN withstood the shocks leveraging its diversified business portfolio and customer mix alongside its solid presence in the Southeast Asian region. An agile response to rapidly changing market conditions and its commitment to supporting customers’ evolving business needs enabled KLN to outperform the market.

Integrated Logistics: In H1, 2025, the segment profit of KLN’s IL business recorded a 5.0% increase. Notwithstanding the tough operating environment in the two key markets, Hong Kong and the Mainland of China, the Group was able to offset the segment profit drop by capitalising on growth in other Asian markets and strengthened cost control measures across the network. In Hong Kong, the segment profit of the IL business division declined by 7.0% as changing consumption patterns of local citizens and tourists have adversely impacted Hong Kong’s F&B and retail sectors. Moreover, a few key accounts relocated the majority of their warehouse operations to Qianhai in Shenzhen to reduce overall operating costs. In the Mainland of China, the segment profit of the IL division reported a drop of 5.0%, primarily due to subdued domestic B2B demand, heightened industry competition and the “China Plus One” supply chain strategy which drove more corporations to relocate all or part of their supply chains to other countries or regions. In the rest of Asia, the Group’s IL division benefitted from new business demands driven by increasing manufacturing activities as well as satisfactory performance of KLN Seaport in Thailand and the stable growth in South Asia, recording a 27.0% increase in segment profit.

International Freight Forwarding: In H1, 2025, despite the highly disruptive market conditions, KLN’s IFF business reported a 22.0% growth in segment profit, leveraging its diversified product portfolio across sectors and trade lanes. As the No.1 Trans-Pacific NVOCC (from Asia to the US), the Group’s IFF business was severely impacted by the turbulent US-China trade environment. However, the Group leveraged the opportunity by providing secured capacity and expedited services. The Group also capitalised on rising demand across alternative trade lanes, notably the Asia-Europe and Intra-Asia corridors, which experienced stable growth amid supply chain shifts and tariff-driven realignments. Driven by the execution of the EPC (Engineering, Procurement and Construction) project, and the revival of the traditional industrial project logistics market, KLN’s project logistics business under the IFF division recorded a revenue of HK$1.7 billion in H1, 2025, nearly matching the business’s full-year revenue in 2024. The joint venture between KLN and S.F. Holding, which provides ground handling services for international flights at the Ezhou Airport, has doubled its business scale. In H1, 2025, the joint venture contributed more than HK$180.0 million in revenue.

As H2, 2025 unfolds, the global economy continues to navigate persistent uncertainty. Nevertheless, KLN expect its IL business to improve in H2, 2025. The IFF business remains highly sensitive to global geopolitical and trade dynamics. KLN will continue to closely monitor trade developments and proactively offer alternative multimodal solutions to support customers during challenging periods. Looking ahead, KLN remain cautious yet committed to navigating the challenges of a fast-changing logistics landscape. Continued focus on core strengths, particularly its deep expertise and solid presence in Asia, will be key to driving sustainable results and delivering long-term value to shareholders.

SGL has reported on its interim financial performance. It delivered what it termed as “a decent result” in the first six months of 2025 and the Company maintains its full-year outlook for 2025.

The solid results in the second quarter of 2025 we achieved despite persistent and increasing volatility in the global trade and logistics market. Revenue rose by 17.0% compared to the same quarter last year, reaching €622.0 million, while gross profit grew by 17.0% to €143.0 million. This development was supported by double-digit growth in both air and ocean freight, as well as continued contributions from strategic acquisitions in Brazil, Italy, and most recently Canada.

In the first half of 2025, revenue increased by 24.0% to €1,263.0 million, while gross profit grew by 16.0% to €275.0 million. EBITDA before special items reached €94.0 million – up 13.0% – driven by higher volumes and effective utilisation of the network, although higher costs for integration and capacity building affected the conversion ratio.

Commercial momentum, especially in EMEA and Asia, confirmed the value of local execution and close customer engagement. However, it is important to note that Q2 was significantly impacted by front-loading of volumes, particularly related to the US tariff situation. This has inflated activity levels in the quarter, while underlying year-to-date air freight development remains negative.

The revenue in Q2, 2025 amounted to €622.0 million an increase of 17.0% compared to €532.0 million in Q2, 2024, primarily driven by organic activity in Asia and EMEA and recent acquisitions. H1, 2025 revenue amounted to €1,263.0 million an increase of 24.0% compared to €1,022.0 million in H1, 2024 mainly impacted by the continued growth in Air & Ocean in Asia, especially China and Hong Kong, and network effect from investments in Italy and Brazil. The acquisition of ITN in Canada got off to a positive start in the SGL family. However, integration is still ongoing.

The gross profit for Q2, 2025 amounted to €143.0 million, an increase of 17.0% compared to €122.0 million in Q2 2024, primarily due to front-loading of shipments and inventory stocking coming from the US tariffs situation. The gross profit in H1, 2025 amounted to €275.0 million, an increase of 16.0% compared to €238.0 million in H1, 2024, particularly driven by last year's acquisitions in Brazil and Italy, partly supported by ITN combined with double-digit growth in Air & Ocean volumes. The gross margin has been challenged in H1, 2025 and was 21.8% compared to 23.3% in H1, 2024.

EBITDA before special items in Q2, 2025 amounted to €51.0 million, an increase of 19.0% compared to €43.0 million in Q2, 2024. The EBITDA before special items amounted to €94.0 million for H1, 2025, an increase of 13.0% compared to €83.0 million in H1, 2024.

The conversion ratio has increased by 0.5%-points in Q2, 2025 compared to Q2, 2024. The conversion ratio has decreased by 0.7%-points in H1, 2025 compared to H1, 2024 deriving from higher SG&A costs. Cash flow from operating activities improved with €3.0 million in Q2 2025 compared to Q2, 2024. The cash flow from operating activities in H1, 2025 improved with €63.0 million compared to H1, 2024, primarily impacted by the increase in NWC in Q1, 2024 and a more muted NWC development in 2025.

In the first half of 2025, whilst SGL delivered a stable performance with growth in Air & Ocean volumes, increasing EBITDA before special items compared to the first half of 2024, it has been highly impacted by the geopolitical turmoil impacting the global freight market, especially around the Red Sea and the US tariff situation. Besides these factors impacting on its outlook, the Company noted that it also operates in a historically competitive market environment shaped by the increased level of consolidation in the industry, resulting in intensified pressure on organic growth in its market share. Despite the challenging market conditions, SGL maintain its outlook for EBITDA before special items of €215.0 million - €235.0 million.

Australia Post announced a modest pre-tax profit of A$18.8 million for the 2025 financial year (full year to 30 June 2025) driven by a record Christmas Peak period with 102.8 million parcels delivered, continued business simplification through the Post26 Strategy and modernisation reforms. Group revenue reached A$9.45 billion, up 3.6% from FY24 (A$9.13 billion). Group profit before tax A$18.8 million, improved from FY24 loss (A$88.5 million). Parcels and Services revenue was A$7.64 billion, up 2.9% on last year (A$7.42 billion) with losses in the Letters service of A$230.4 million.

Despite an improved year-on-year performance, the business continues to face intensifying structural headwinds as letter volumes and Post Office foot traffic continue to decline, and multinational delivery companies and eCommerce platforms ramp up their presence in Australia.

There remains a significant disparity between the performance of the Letters service and Parcels business. Despite recent increases to the Basic Postage Rate (BPR), the Letters service continues to weigh heavily on Australia Post’s financial performance and incurred substantial losses of A$230.4 million in FY25.

The Parcels business achieved solid growth of 4.3% during the year, despite an influx of new competitors and further penetration of the Australian market by global eCommerce platforms. Over-the-counter transactions in the Post Office network continue to decline and the majority of visits are now parcels-related.

Prudent cost management and productivity improvements, along with the sale or closure of non-core businesses resulted in efficiencies of A$158.8 million for the year. Australia Post has continued to invest in its operations, with A$371.9 million invested in new facilities, fleet and technology in FY25, bringing the total investment over the past four years to almost A$1.5 billion, building a more sustainable, efficient and future-focused business.

Continued expansion of the Australian eCommerce market saw domestic Parcel volumes grow 2.6% in FY25. Last mile delivery is becoming fiercely competitive. Australia Post is vying for market share against global marketplace retailers, who are injecting billions of dollars into their Australian operations with fast-paced expansion plans. At the other end of the spectrum, a number of smaller start-up logistics providers, with low barriers to entry and limited focus on supporting rural and remote customers, are entering the market.

In response, Australia Post has invested significantly across its network to meet evolving customer needs and support business growth. Faster international parcel clearance through the newly opened Sky Road International facility at Melbourne Airport and increased operational efficiency with the Blacktown Parcel Delivery Centre are just some of the infrastructure investments made in FY25.

Australia Post continues to expand its commitment to regional Australia, announcing several new major infrastructure investments to support parcel volume growth and improve services across rural and regional communities. While the majority of these new sites are due to open in FY26, a new parcels and letters facility opened in Narrandera, NSW in FY25.

Australia Post has also achieved its 2025 target of sourcing 100.0% renewable electricity across all operational sites, marking a major milestone in its decarbonisation strategy. A continued focus on data and technology has seen greater efficiency and faster delivery speeds with enhanced tracking and updates via the AusPost app.

Letter volumes continue to decline, dropping a further 5.4% to 1.66 billion in FY25. This decline would have been significantly steeper if not for the federal, state and local elections. Excluding these election activities, letter volumes saw an 11.7% decline compared to FY24 on a like-for-like basis.

The A$0.30 BPR increase, which came into effect in April 2024, combined with the successful implementation of the New Delivery Model across 162 delivery facilities nationally, led to an improvement in Letters losses to A$230.4 million, compared with A$361.8 million in FY24. Further BPR rises, including the $0.20 increase that came into effect on 17 July 2025, are required to help address the rising cost of delivering letters. Given the continued decline in usage of this service, Australia Post does not expect its Letters service will ever return to profit.

Looking ahead, the Company noted that while the business earned record revenue in FY25, the structural headwinds experienced over the past few years have continued to intensify and any future profitability is likely to be temporary. It stated that postal operators in the US, Canada, France, Spain and the UK have faced the same challenges and have required billion-dollar government-funded bailouts, which Australia has so far avoided.

The Port of Gothenburg continued its positive growth trajectory in the first half of the year, handling 470,000 containers (TEU). Efficiency improvements were also noted, driven by a higher share of fully loaded containers and reduced repositioning of empty units. At the same time, rail freight to and from the port reached record levels.

Repositioning empty containers between ports is necessary for the logistics system to function, but ideally it should be kept to a minimum. The fact that we are handling more loaded containers while managing fewer empties reflects greater efficiency across the entire logistics chain.

APM Terminals, which operates the port’s container terminal, reported its best month ever in July with 47,805 TEU handled, a figure that will be included in the next quarterly report. During the summer, two new services also commenced: CMA CGM introduced a Gothenburg–Baltic route, while Maersk and Hapag-Lloyd launched a new direct connection to and from Asia.

Rail continues to strengthen its position as the dominant inland transport mode. During the first six months, rail volumes grew by 4.0%, with more than 60.0% of all container freight now moving by train.

This trend puts the port on course for an all-time high in rail volumes. Growth is being driven by inland terminals across Sweden — in the north, south, as well as the east. In the wider Stockholm region alone, rail container volumes rose by 4.0% to more than 30,000 TEU in the first half of the year.

The region hosts numerous central warehouses, particularly for consumer goods, and the rail link to the Port of Gothenburg is vital. Rail is efficient, nearly emission-free, and helps ease road congestion.

Intra-European RoRo traffic rose by 1.0% to 272,000 units. The increase came in spring following a slower first quarter. Car handling fell by 7.0% to 124,000 vehicles, while energy flows declined by 13.0% to 9.4 million tonnes, largely due to lower refinery margins and maintenance shutdowns.

Dry bulk handling dropped 43.0% to 155,000 tonnes, mainly reflecting reduced demand for raw materials in infrastructure construction (stone, sand, gravel). Meanwhile, processed forest products continued their steady upward trend.

The port welcomed 16 cruise ship calls in the first half of the year, compared with last year’s record of 26.

The Port of Gothenburg is the largest port in Scandinavia, handling around 20.0% of Swedish trade and more than half of all container traffic.

In July 2025, global air freight markets saw total demand increase by 5.5% compared to July 2024 levels (+6.0% for international operations). Capacity increased by 3.9% compared to July 2024 (+4.5% for international operations).

Most major trade lanes reported growth, with one significant exception, Asia–North America, where demand was down 1.0% year-on-year.

A sharp decline in eCommerce, as the US de minimis exemptions on small shipments expired, was likely offset by shippers frontloading goods in advance of rising tariffs for imports to the US. August will likely reveal more clearly the impact of shifting US trade policies. While much attention is rightly being focused on developments in markets connected to the US, it is important to keep a broad perspective on the global network. For example, one-fifth of air cargo travels on the Europe–Asia trade lane, which marked 29 months of consecutive expansion with 13.5% year-on-year growth in July.

Factors influencing the performance of global air freight markets include global goods trade, which grew by 3.1% year-on-year in June. The July jet fuel price was 9.1% lower year-on-year and has remained below 2024 levels so far this year, easing airlines’ operating costs. However, it was 4.3% higher than in June. Global manufacturing contracted in July with the PMI falling to 49.66, the second dip below the 50-mark growth threshold since January. New export orders also remained negative at 48.2 for the fourth month, reflecting waning confidence amid US trade policy uncertainty.

Asia-Pacific airlines saw an 11.1% year-on-year growth in air cargo demand in July, the strongest rise of all regions. Capacity increased by 7.3% year-on-year. North American carriers saw a 0.7% year-on-year increase in growth for air cargo in July, the slowest growth of all regions. Capacity decreased by 0.6% year-on-year.

European carriers saw a 4.1% year-on-year increase in demand for air cargo in July. Capacity increased 4.0% year-on-year. Middle Eastern carriers saw a 2.6% year-on-year increase in demand for air cargo in July. Capacity increased by 5.9% year-on-year.

Latin American carriers saw a 2.4% year-on-year increase in demand for air cargo in July. Capacity increased by 3.8% year-on-year. African airlines saw a 9.4% year-on-year increase in demand for air cargo in July. Capacity decreased by 0.1% year-on-year.

Trade Lane Growth

Air freight volumes in July 2025 increased significantly across all major trade corridors, with the exception of Middle East–Europe, which recorded only a marginal rise, and Asia–North America, which has seen three consecutive months of decline.

Asia-North America
YoY growth: -1.0%
Notes: Three consecutive months of decline
Market share of industry: 24.4%

Europe-Asia
YoY growth: +13.5%
Notes: 29 consecutive months of growth
Market share of industry: 20.5%

Middle East-Europe
YoY growth: +0.3%
Market share of industry: 5.7%

Middle East-Asia
YoY growth: +8.5%
Notes: Five consecutive months of growth
Market share of industry: 7.4%

Within Asia
YoY growth: +10.3%
Notes: 21 consecutive months of growth
Market share of industry: 7.0%

Within Europe
YoY growth: +4.0%
Market share of industry: 2.0%

North America-Europe
YoY growth: +9.6%
Notes: 18 consecutive months of growth
Market share of industry: 13.3%

Africa-Asia
YoY growth: +12.1%
Market share of industry: 1.4%

Total cargo traffic market share by region of carriers is Asia-Pacific 34.2%, Europe 21.5%, North America 25.8%, Middle East 13.6%, Latin America 2.9%, and Africa 2.0%.

Maritime Partners, LLC has acquired Centerline Logistics Corporation, a marine transportation company operating along the West Coast, East Coast and Gulf Coast of the US. The transaction, which was first announced on 24 June 2025, closed on 28 August 2025.

The transaction incorporates Centerline into Maritime Partners' growing portfolio of diversified marine assets, with Centerline's highly experienced and dedicated management team remaining in place.

In particular, Centerline's Chief Executive Officer, Matt Godden, will continue to lead the Company as CEO and as a minority investor in Centerline, as the transaction seeks to ensure continuity of both leadership and Centerline's longstanding reputation for operational excellence, safety, and customer service.

Maritime Partners worked with ATLAS SP Partners to structure and arrange a warehouse facility supporting the acquisition of Centerline. The facility underscores Maritime Partners' strong access to capital and provides both upfront funding for the acquisition as well as capital to support future growth as the platform scales.

S.F. Holding, the largest integrated logistics service provider in Asia and the fourth largest globally, has announced its financial results for H1, 2025. The Company delivered robust growth, demonstrating continued market leadership and strengthened competitiveness through the successful execution of strategic initiatives.

Daily parcel volumes saw a 26.4% increase year-on-year, outpacing industry average growth. Revenue reached RMB146.9 billion for H1, 2025, 9.3% increase year-on-year. The net profit attributable to owners of the parent increased to RMB5.74 billion, a 19.4% increase year-on-year.

Despite a complex macroeconomic environment, SF delivered solid results by adhering to its principle of sustainable and healthy development. Leveraging an extensive network and diversified product portfolio, it enhanced service value and deepened execution of its 'Stimulate Operation Vitality' and 'Industry-Focused Transformation' initiatives. These strategies supported stronger free cash flow, sustained growing shareholder returns, and enhanced resilience to capture emerging opportunities.

In H1, 2025, SF Holding shipped 7.8 billion parcels, up 25.7% year over year, significantly outperforming the industry average of 19.3%. The Company capitalised on opportunities in emerging industries and overseas markets with two initiatives. Firstly, the Company advanced its organisationally-wide upgrade centred on the "Stimulate Operation Vitality" strategy, mobilising enterprise-wide momentum to stimulate business expansion. By optimising authorisation, incentive, and evaluation mechanisms, the Company effectively energised individual initiatives. Furthermore, the Company accelerated the "Industry-Focused Transformation" by transitioning from selling standard products to delivering customised solutions. Through the establishment of dedicated industry-specific departments, the Company boosted market share across multiple sectors.

In the domestic market, SF Holding delivered solid growth across key logistics services. Revenue from time-definite express services increased 6.8% year-on-year, outpacing China's GDP growth of 5.3%, driven by tailored solutions for consumer and manufacturing scenarios such as theme parks, concerts, and transit hubs. Economy express services achieved revenue growth of 14.4%, fuelled by independent third-party positioning, dynamic pricing strategies and emerging demand from proximity-based eCommerce. Freight services also maintained healthy momentum, with revenue up 11.5% bolstered by strengthened channel penetration and increased customer touchpoints across key scenarios. Benefiting from growing demand from on-demand retail, intra-city on-demand delivery maintained strong momentum with 38.9% year-on-year revenue growth.

Increasing global trade uncertainties highlight Asia's critical role as both a growth engine and centre for global supply chains. Internationally, the Company capitalised on opportunities arising from the growing overseas expansion of enterprises – both in terms of products and production capacities, as well as increasing demand from cross-border consumption, expanding its global reach and market share. By providing a robust product portfolio that integrates highly reliable, standardised logistics products with comprehensive supply chain solutions, SF Holding has positioned itself as one of the preferred choices for Go-Global partners. Revenue from its international and supply chain businesses reached RMB34.2 billion, 9.7% increase year-on-year, solidifying their role as key growth drivers.

The Company advanced structural cost reduction through initiatives like resource lean management, network structural optimisation, and AI technology empowerment. Concurrently, strategic investments were directed towards enhancing customer experience, laying the foundation for long-term structural cost efficiency and sustained competitiveness. In addition, the Company operated over 1,800 logistics unmanned vehicles for last-mile transportation, easing the physical workload for staff and allowing them to focus on higher-value tasks. As a result, small parcel pickup and delivery efficiency increased by 13.7% year-on-year.

As of the end of the reporting period, SF Holding held 4,134 granted and pending patents and 2,530 software copyrights, with inventions comprising 63.0% of patents. This demonstrates the Company's determination to innovate and sustain competitiveness.

Looking ahead, SF Holding will leverage its digital and intelligent logistics capabilities to create tailored solutions and modular services for diverse industries and scenarios. As a global logistics leader connecting Asia with the rest of the world, by strengthening domestic and international logistics networks and agile operational coordination, the Company is dedicated to accelerating international expansion, improving operational efficiency and promoting sustainable development throughout Asia. Driven by increasing customer demand for comprehensive logistics and end-to-end solutions, SF Holding is well-poised to reinforce its leadership as the trustworthy logistics solutions provider - all while upholding its commitment to long-term sustainable and healthy development.

DHL eCommerce has officially completed its minority stake acquisition in AJEX Logistics Services. AJEX is a leading GCC supply chain and transportation company, owned by Ajlan & Bros Holding Group. The move marks a significant milestone in DHL's expansion into the rapidly growing Saudi Arabian parcel market and AJEX expansion across the Middle East.

The strategic partnership positions DHL eCommerce and AJEX to capitalise on the anticipated double-digit growth in Saudi Arabia's eCommerce sector, a key pillar of the Kingdom's Vision 2030, as well as across the broader Middle East region.

AJEX started its operations in 2021 and has rapidly emerged as a leading regional and domestic parcel provider with a network of over 60 facilities, 1,200 vehicles and a team of 2,000 professionals. With AJEX, and the international reach and operational know-how of DHL eCommerce, customers across the region will benefit from enhanced delivery services and experience.

As part of the partnership, DHL eCommerce will have representation on the management board at AJEX and holds the option to increase its stake to a majority position in the future.

DHL eCommerce, along with the business units DHL Express, DHL Supply Chain, and DHL Global Forwarding, are now present in the country. Going forward, AJEX will be branded as 'AJEX, a partner of DHL eCommerce'.

Eimskip has published its Q2, 2025 results, showing solid results in a quarter characterised by strong volume in container liner services, high activity in Logistics but the material decline in global freight rates affected margin in the Forwarding segment.

> Strong volume in the sailing system during the quarter which grew by 7.9%, considerably more than in the previous quarters. However volume grew more than revenue due to lower average prices.
> Despite modest volume decrease in international freight forwarding the quarter was marked by high volatility in global freight rates at substantially lower levels due to uncertainty surrounding the US tariffs.
> Good results in the Logistics and agency segment with increased activity and performance in trucking and growing volume in warehousing. However, terminal activities were lower during the quarter compared to the same period last year coupled with one-off cost related to collective wage agreements affecting the results.

Revenue amounted to €201.1 million, a decrease of €6.1 million or 2.9% when compared with Q2, 2024. Expenses amounted to €179.9 million, decreasing by €3.8 million or 2.0% from the previous year. Salary expenses increased by €3.8 million year-on-year, equivalent to a 10.0% increase, mainly due to collective wage increases. Total expenses excluding salary expenses decreased by 5.1%. EBITDA for the quarter amounted to €21.2 million compared to €23.5 million in the same period in 2024, a decrease of 9.8%. The EBITDA margin was 10.5% compared to 11.3% in the same quarter last year. Net earnings amounted to €4.5 million for the quarter compared to €7.9 million in the same period last year. The decrease is mainly explained, in addition to the factors mentioned above, by lower results of affiliates due to the weakening of the US dollar against the euro.

The Company stated that it was satisfied with the second quarter results, especially considering the uncertainty and turbulence that characterised global markets during the period. It was encouraging to see continued stable cash flow from operations and a strong cash position at the end of the period.

There was a strong volume in the Company’s liner system and good growth compared to the same quarter last year supporting improved results for the segment. However, the results did not fully reflect the higher volume, as freight rates have not developed at the same level as expenses. As a leading transportation company in the North Atlantic with strong global market connections, Eimskip was not immune to the uncertainty that impacted international trade during the quarter. Notably, negotiations and agreements by US authorities regarding tariff increases significantly shaped the quarter. These effects were most evident in international forwarding operations, where volume declined slightly, while the primary driver of reduced revenue and margin was the substantially lower global freight rates. It was encouraging to see increased activity in Logistics, with strong results in trucking and growing volume in warehousing. However, terminal activities were somewhat lower during the quarter compared to the same period last year coupled with one-off costs related to collective wage agreements affecting the results.

In the third quarter, the Company made the decision to sell the vessel Lagarfoss, with delivery to the new owner expected around mid-September, and temporarily reduce the fleet by one vessel. It is a responsible response to changing market conditions, e.g. the temporary closure of PCC operations at Bakki, with the goal of lowering costs within the liner system. Operating a dedicated coastal vessel in Iceland has become increasingly demanding due to various external factors, such as significant increases in taxes and levies, including carbon taxes and ETS. Those expenses will rise from ISK43.0 million in 2023 to approximately ISK170.0 million annually from 2026. Additionally, port and wharfage fees have increased substantially. With the delivery of Lagarfoss, temporary adjustments will be made to coastal services, reducing sea transport.

As of 01 September, Eimskip will add weekly calls to Rotterdam, the Netherlands, on the Yellow Line. With this change, a direct connection opens from Vestmannaeyjar, South of Iceland and Tórshavn in the Faroe Islands to Rotterdam, while Reyðarfjörður in East Iceland, will be connected via the Faroe Islands. The new connection has been well received by customers and will strengthen export of Icelandic and Faroese seafood, support the rapidly growing salmon farming industry and improves the services for frozen and salted products.

Looking ahead, overall, Eimskip remain fairly optimistic for the coming months. It continues to see seasonal fluctuations in its operations, with the second and third quarters typically being the most active periods of the year. It anticipates sustained strong volumes in its liner system, along with solid performance in Logistics. Additionally, the third quarter marks the peak season for its cruise agency operations. In the international forwarding segment, the Company expect somewhat higher volumes than in the previous quarter, however global freight rates are expected to remain somewhat lower on average.

Menzies Aviation has completed its acquisition of G2 Secure Staff, an aviation service partner of choice for major airlines across the US. The US$305.0 million deal strengthens Menzies position as the world’s largest aviation services provider, operating at 350 airports in 65 countries, powered by a team of 65,000 highly trained people. The deal is expected to boost Menzies’ Group revenue by 20.0% to more than US$3.1 billion, based on FY2024 figures.

The acquisition positions Menzies as the leading player by airports served in the US – the world’s largest and most dynamic market. The Menzies G2 combination provides operational resilience and adds new, instantly deployable capabilities. G2’s expertise in ground services, including passenger assistance and cabin cleaning, complements and enhances Menzies’ ground, air cargo and fuel services portfolio.

Menzies current Executive Vice President Americas, John Redmond, will continue to lead the region as he has done for 18 years. G2 senior management will join John’s team.

Acquiring G2 is a strategic long-term investment and significant milestone. It is also a direct response to customer demand for Menzies to offer a broader range of services at more airports. With US passenger volumes expected to surpass one billion by 2040 and rising airport infrastructure investment, this deal positions Menzies at the centre of the country’s aviation momentum and underscores its confidence in the resilience of the US economy and US consumer.

Menzies’ US footprint has doubled to over 110 locations, expanding services at more airports, including the world’s busiest Hartsfield-Jackson Atlanta International Airport (ATL) and major airline hubs such as Los Angeles International Airport (LAX) and Denver International Airport (DEN).

The deal improves Menzies’ global connectivity, enabling customers to benefit from Menzies’ industry-leading safety and security standards and operational excellence on arrival and departure at more locations. It will also strengthen Menzies’ ability to support airports and airlines with progressing their sustainability goals, such as reducing scope three targets.

G2’s operations will be rebranded as Menzies Aviation. Integration will begin immediately, deploying Menzies’ global standards for training, safety, sustainability and technology across all new operations to ensure a seamless transition for employees, customers and partners.

Nagle Companies has announced its acquisition of Kandel Transport Inc., an Ohio, US-based carrier specialising in refrigerated trucking services. The strategic move strengthens Nagle's service footprint, expands its fleet, and positions both companies for continued growth.

The acquisition brings together two family-oriented companies that share a long-standing commitment to safety, service excellence, and customer satisfaction. With the addition of Kandel's fleet, the combined operation will now feature 115 tractors, 200 trailers, and generate approximately US$45.0 million in annual revenue.

The partnership began years ago when Jack Daniels, Owner of Kandel Transport, and Ed Nagle, President & CEO at Nagle Companies developed a professional relationship while operating in similar markets. In 2024, Daniels approached Nagle about forming a strategic partnership, which ultimately evolved into a full acquisition following months of collaborative discussions and evaluation.

By joining forces, the companies will be able to provide enhanced resources, upgraded technology, and stronger network opportunities for customers while supporting the talented team at Kandel.

The acquisition gives Nagle additional strategic advantages, including Kandel's cross-border operations into Canada. The combined scale also increases negotiating power in areas such as fuel, equipment, and parts purchasing, while providing capital efficiencies that benefit both employees and customers.

For now, Kandel Transport will continue to operate under its existing name and structure as integration efforts move forward.

The acquisition underscores Nagle Companies' strategy of profitable growth while ensuring safe, efficient, and customer-first service across North America.

DFDS has entered into an agreement to purchase part of the assets of Naviera Armas’ Strait of Gibraltar ferry operations. Besides one combined freight and passenger ferry (RoPax) and one high-speed catamaran ferry (HSC), the purchase includes taking over existing permits related to route operations and around 200 employees. The asset purchase price is DKK240.0 million and the transaction is subject to regulatory approvals.

The growth of the Strait of Gibraltar ferry market has exceeded the Company’s expectations since it entered the market in 2024. The two ferries are already operating on overlapping routes and DFDS expect to deliver a smooth transition and an immediate enhancement of services to both passengers and freight customers.

DFDS currently operates two ferry routes on Strait of Gibraltar: Algeciras-Tanger Med and Algeciras-Ceuta. Naviera Armas’ two ferries are deployed on the same routes and the purchase expands and enhances the customer offering to both freight customers and passengers. The expansion furthermore adds scale to operations in a growing market.

The two ferries being purchased are the RoPax ferry Volcan de Tamasite built in 2004 and the HSC Villa de Agaete built in 1999. In addition, the capacity share of a freight ferry (RoRo) shared among the incumbent operators on Algeciras-Tanger Med is increased.

The capacity expansion is expected to add revenue of around DKK500.0 million in 2026. The transaction is expected to close in Q1, 2026 and is therefore not expected to impact 2025 financials. The purchase is expected to be accretive to earnings in 2026.

Girteka Group is continuing its long-standing relationship with OP Corporate Bank, securing €173.0 million in financing to finance the expansion of its fleet and operations. The Group plans to acquire up to 4,000 trucks and trailers annually in the 2025-2026 period.

The funds will be allocated to UAB Girteka Group and its shareholder UAB Willgrow.

This investment will help ensure the consistent expansion of a more sustainable fleet, maintain high efficiency and quality of services, and strengthen the Company’s position in the market as the operator of the largest private fleet in Europe. This targeted preparation for the Group’s next growth stage in 2026 will be substantially financed by the Group’s long-term financial partner OP Corporate Bank.

Partners are selected based on their flexibility, financial reliability, and the ability to quickly adapt to market changes – factors crucial in the logistics sector.

The transport sector is growing again, making it a favourable time for the market leader to increase investments in its fleet, business expansion, and environmental impact reduction. Newer trucks meet higher environmental standards, improving the sustainability of both the Company and the entire sector.

OP Corporate Bank holds 21.0% of the heavy transport leasing market and is one of the largest corporate financiers in Lithuania. Its total business loan and leasing portfolio amounts to €1.6 billion. The bank works with large and medium-sized companies.

OP Corporate Bank is part of OP Financial Group, the largest financial group in Finland. The bank operates in Finland and the Baltic states. OP Corporate Bank has been cooperating with Girteka Group for thirteen years and has previously actively financed the expansion of the Group’s fleet.

The volume of European road freight transport stabilised last year, and demand growth of 1.0%–2.0% is forecasted for this year. The total European road transport market was valued at €428.2 billion in 2024.

Nippon Express has launched a new cross-border eCommerce logistics service for overseas products destined for Japan that utilises its DCX (Digital Commerce Transformation) logistics web app. This service will provide new solutions enabling overseas eCommerce operators to deliver products to consumers in Japan more affordably and smoothly.

Purchases by Japanese consumers on overseas eCommerce sites have continued to expand in recent years, with annual transactions for goods from the US alone reaching approximately 380 billion yen. At the same time, high transport costs and complicated customs procedures have presented significant obstacles for both sellers and buyers.

To address these challenges, Nippon Express is launching a direct delivery service to Japan offering significantly lower costs than traditional cross-border eCommerce logistics with minimal hassle. This service leverages the cloud-based DCX logistics web app available from Nippon Express as well as the NX Group's global network.

Overseas sellers using this service can easily import order data from their eCommerce websites into DCX and issue shipping labels for domestic delivery in Japan via the Web. By simply sending packaged products to overseas warehouses designated by the NX Group, all the complex import/export and customs clearance procedures as well as domestic delivery arrangements in Japan will be handled seamlessly within the Group.

Additionally, Nippon Express offers outsourcing services that can handle inventory management and shipping operations at the NX Group's overseas warehouses, as well as optional "Business Insight" shipping analyses and AI-powered shipping forecasts to support optimal inventory management and procurement planning.

The focus initially will be on transporting air freight from North America, Europe, and South Asia to Japan, with plans underway to expand to other regions in 2026.

The NX Group will continue leveraging digital and cutting-edge technologies in the D2C sector to actively create new value and resolve societal challenges based on customers' needs.

Maastricht Aachen Airport (MST) has added three cargo flights to its weekly schedule following new agreements with airlines Turkish Cargo, and My Freighter. From September, Turkish Cargo will add to its existing twice-weekly service with a Boeing 777 flight connecting Quito, Bogota, Miami, Istanbul, and the Netherlands, transporting flowers, vegetables, and other goods.

Uzbek airline, My Freighter, will operate a new, twice-weekly Boeing 767-300 full freighter service connecting Shanghai, Tashkent, Almaty, and the Netherlands.

My Freighter cargo will include eCommerce goods, automotive products, general cargo, and flowers.

Figures up to July 2025 indicate a 15.0% increase in cargo volumes at MST compared to the same period last year, driven in part by a series of Atlas Air charter flights, the arrival of Ethiopian Cargo, and the return of Turkish Cargo after a short absence.

Earlier this summer, Ethiopian Airlines signed a new contract with MST and operates twice weekly with a Boeing 777, carrying both perishables and general cargo. The airline connects Hong Kong, Addis Ababa, and Maastricht.

To meet the growing demand for temperature-sensitive pharmaceutical logistics, DHL Global Forwarding continues to enhance its cold chain capabilities in Malaysia, being the first forwarder to offer a cold chain facility certified for both 15-25C and 2-8C storage within the Kuala Lumpur International Airport (KLIA) Free Commercial Zone. Spanning over 3,530 m2, the state-of-the-art facility is accorded both the DHL Air GxP certification and the IATA CEIV Pharma certification, delivering unmatched flexibility and regulatory compliance for Life Science and Healthcare customers.

Based on the World Health Organisation’s Good Distribution and Storage Practices, the DHL Air GxP certification is a baseline requirement across all DHL pharma stations to ensure upholding of stringent quality and compliance standards. Complementing this is the IATA CEIV Pharma certification, a globally recognised standard that validates DHL’s capabilities in handling high value, time- and temperature-sensitive pharmaceutical shipments.

Malaysia is strategically located to serve as a regional hub for global medical technology companies, and the fast-growing market is expected to increase at a CAGR of 8.5% from 2023 to 2028, reaching a market volume of US$4.5 billion by 2028.

The facility comprises:

> Dedicated cold rooms: 197 m2 for 15-25C storage and 47 m2 for 2-8C storage, supporting up to 105 EU pallets.
> Dual secure cages: Over 223 m2 of high-security storage with 24/7 CCTV surveillance and restricted access.
> Advanced Environment Monitoring System (EMS): 100.0% automated real-time storage temperature monitoring via a dual system (Testo Saveris and UniBot), with data stored for one year.
> Eco-friendly infrastructure: R448A refrigerant, food-grade epoxy flooring, airtight doors, and energy-efficient compressors.
> Operational excellence: 24/7 operations with dedicated customs brokerage and value-added services such as buyer consolidation, cross-docking, and LD3 container charging.
> Fully temperature-mapped carve-out site: Designated area that has undergone a thorough temperature mapping process, specifically designed to store or handle temperature-sensitive products
> Dehumidification system: Tailored for pharmaceutical application between the range of 55% to 70%Rh

DHL is also the only forwarder in KLIA offering reefer truck transfers from pick-up to terminal arrival and delivery. This service ensures cold chain integrity is maintained throughout the journey and minimises third-party handling, which in turn reduces turnaround time. It also enhances cargo security and ensures compliance with Good Distribution Practice (GDP) standards.

To ensure all shipments are handled with utmost care and in compliance with the highest industry standards, all cold-chain shipments are handled by a dedicated team of Life Sciences Specialists who have completed the training and are certified. These staff undergo annual training to stay ahead of evolving industry requirements, armed with vital tools and knowledge needed to understand and meet both customer and regulatory expectations. In addition to implementing a specialised training programme aligned with IATA regulatory standards across its key GxP facilities, DHL’s CIF Certified Life Sciences Specialist (CLSS) programme equally provides a comprehensive curriculum of mandatory training sessions, functional courses, and material to build deep expertise in this highly specialised industry.

DHL’s commitment to green logistics is also evident in the KLIA facility’s design. The facility is built using CFC- and HCFC-free materials and is fitted with energy-saving compressors and low-noise, low-emission generators. The Company is also exploring mobile freezer units capable of operating at -20C, as well as expanding its service portfolio to include frozen commodities such as vaccines, meat, and industrial chemicals.

Currently, DHL operates 37 Air GxP-certified stations and 12 IATA CEIV Pharma-certified stations in the region, including key hubs in Kuala Lumpur, Singapore, Tokyo, Seoul, Sydney, and Shanghai. These facilities are meticulously set up to meet the highest standards of pharmaceutical logistics, ensuring temperature integrity, regulatory compliance, and operational excellence. Each certified station is staffed by trained Life Sciences Specialists and supported by integrated supply chain capabilities, including temperature-controlled transportation, customs brokerage, real-time shipment monitoring, and post-shipment investigations.

As the healthcare industry continues to evolve, DHL remains steadfast in its mission to deliver resilient, compliant, and future-ready logistics solutions. With its expanding footprint, certified expertise, and commitment to innovation, it is well-positioned to be the logistics partner of choice for life sciences companies across Asia Pacific, ensuring that critical healthcare products reach patients safely, efficiently, and sustainably.

The Rhenus Group has signed a Memorandum of Cooperation (MoC) with Kyrgyz Temir Zholu, the National Railway Company of the Kyrgyz Republic. The agreement, signed during the German-Kyrgyz Economic Forum in Cholpon-Ata, aims to strengthen collaboration in freight transportation and jointly explore opportunities to develop multimodal logistics solutions across Central Asia.

The Memorandum outlines a shared commitment to optimise Kyrgyzstan’s transit potential and logistics centres by developing effective solutions to increase cargo flows via existing international multimodal transport routes and to create favourable conditions for transit, export, and import growth.

Rhenus will contribute its expertise in multimodal logistics, terminal development and rail freight to support the establishment of reliable and scalable transport solutions. The cooperation includes consulting and analytical work, as well as the exchange of know-how and employee training. The joint efforts aim to attract additional cargo flows to the region and to ensure the efficient handling of urgent and special shipments.

This partnership comes at a pivotal time as Kyrgyzstan, together with China and Uzbekistan, is advancing the construction of the railway linking the three countries. The new line will provide a direct connection into the Trans-Caspian International Transport Route, reducing the distance between China and Europe by several hundred kilometres compared to existing routes via Kazakhstan. Beyond improving connectivity, the project also opens new opportunities for cooperation in rail logistics and infrastructure development – areas where Rhenus can actively contribute its expertise to support the region’s integration into global trade networks.

With this Memorandum, Rhenus is taking another decisive step in its mission along the Trans-Caspian Corridor. It believes in strong partnerships and early investment in regions that are redefining their role in global logistics. Together with the national railway, it is committed to supporting the development of future-oriented logistics infrastructure in Kyrgyzstan and contributing to a more connected and resilient logistics landscape in Central Asia.

The agreement directly supports the Rhenus Group’s strategy to strengthen its footprint along the Trans-Caspian Corridor by developing integrated logistics solutions tailored to local needs.

The FIEGE Group is expanding its services offering. The Company will add data-driven consulting services to its portfolio that focus on transportation and last mile networks. Through its specialised consulting team, the business will be sharing its expertise in transportation and last mile networks with third parties in the future. The integrated consulting concept covers all processes: from the analysis of the current situation to the conceptualisation and simulation of future scenarios, to technical implementation.

Today’s modern logistics is a highly complex landscape. An ever-growing number of players are involved in global supply chains. Many markets are volatile, and the pressure is increasing due to costs. At the same time, customers’ demands on service are growing also in relation to sustainability.

FIEGE devise bespoke solutions that optimise clients’ transportation systems. This new offer is geared equally towards the press and publishing sector as well as businesses based in retailing and the industry. Wherever goods require efficient transportation and last-mile shipments need to be sent out as fast as possible, FIEGE can help with its experience.

The team is composed of eight transportation specialists who harness the power of data above all. The service offer encompasses Centre of Gravity analyses, geo-tracking and time-tracking as well as route scheduling and transportation management – from logistical sources, temporary storage and depots, to the last mile.

A 360-degree approach assists companies also with their Change Management, the training of staff members and ultimately up until these optimised transport networks have been enshrined lastingly in the organisation.

C.H. Robinson announced the launch of its Always-on Logistics Planner, a premium service experience powered by a growing digital workforce of AI agents. Designed to deliver continuous execution quality across the shipment lifecycle, the Planner represents a new standard in intelligent logistics, where automation and human expertise work in tandem to drive faster, smarter and more resilient supply chains.

The C.H. Robinson Always-on Logistics Planner is not a single tool. It’s a coordinated service model that brings together dozens of AI agents embedded into customer operations. These agents automate routine tasks, surface strategic insights, and enable seamless global coordination across every mode and region.

Built on C.H. Robinson’s global TMS platform and fuelled by data from 37 million annual shipments, the Planner integrates AI agents that manage shipment tracking, document processing, invoice auditing and more. These agents act as digital teammates, learning, adapting and optimising in real time to support customer goals.

Key shipper benefits:

> 24/7 execution quality: Always-on performance that eliminates delays and drives faster response times
> Embedded AI teammates: A network of intelligent agents working as an extension of your team
> Smarter human focus: Automation of repetitive tasks, freeing up teams to solve complex problems and innovate
> Improved service levels: Reduced cycle times, enhanced customer experience and strategic insights that supercharge supply chain strategy

This launch is the first step in a broader expansion of C.H. Robinson’s premium service offerings, as the Company accelerates its deployment of agentic AI across its Managed Solutions portfolio.

C.H. Robinson’s digital workforce is growing fast. The Always-on Logistics Planner is just the beginning. The Company is building a future where AI agents and logistics professionals work side by side to orchestrate supply chains with predictability, efficiency and operational excellence like never before. While others in the industry talk about the potential of AI, C.H. Robinson is already delivering real-world results, combining relentless automation with deep logistics expertise to solve problems others can’t.

With seven global control towers and a flexible menu of 4PL, 3PL and TMS services, C.H. Robinson Managed Solutions continues to set the gold standard for intelligent logistics, now powered by a tireless, always-on digital team.

To enhance the efficiency and scope of its Baltic Sea ferry network, DFDS has entered into a mutual space charter agreement with TT Line on the combined freight and passenger (RoPax) route Karlshamn-Klaipeda that both parties operate today.

The agreement grants in addition DFDS access to capacity on two TT Line routes: Klaipeda-Trelleborg and Klaipeda-Travemünde.

The agreement is planned to become effective for freight on 01 October 2025 on all three routes. For passengers, the agreement will be effective on Karlshamn-Klaipeda on 01 October 2025 and on 01 November 2025 on the other two routes.

The space charter agreement enables customers to board the next available sailing on Karlshamn-Klaipeda regardless of the operator. All commercial activities and relationships with customers remain entirely under the control of each operator.

The new space charter agreement increases frequency for customers on Karlshamn-Klaipeda and expands DFDS’ network. The agreement will also help reduce emissions as it enables each operator to reduce the number of sailings on Karlshamn-Klaipeda while the total availability of sailings for customers increases.

DFDS operates two combined freight and passenger ferries (RoPax) on Karlshamn-Klaipeda and four other ferries on Baltic Sea routes connecting Germany and Sweden, Sweden and Estonia, and Denmark and Lithuania.

Maersk’s new office in the heart of the Polish capital addresses the growing need of providing European customers with contemporary services and supports various parts of the business in several languages.

Launched with the aim of providing Maersk’s diverse customer base with consistent and superior service, the new office draws from a growing talent pool that Warsaw and Poland have to offer.

Situated in a newly developed office and residential compound with a strong focus on a sustainable and collaborative environment, the new Maersk office is in the heart of the city’s fast-growing Wola district, which has over the past decade become Warsaw’s vibrant financial and business centre. The location is therefore a perfect match for over 100 Maersk colleagues already working there, representing nine nationalities with an average age of 28.

The opening of the new site marks a major milestone for Maersk in Europe. As the Company continues to expand and innovate in the region, the new service centre in Warsaw will play a pivotal role in supporting these ambitions, ensuring new standards for efficiency and customer service in the region.

Atlas Air, Inc., has announced a new long-term agreement to provide dedicated air freight services for DSV, one of the world’s largest air freight forwarders. Under the agreement, Atlas Air will operate one of its newly delivered 777-200Fs exclusively on behalf of DSV, providing control over freight capacity, access to worldwide operating capabilities, and the benefit of Atlas Air’s extensive air traffic rights and operational flexibility.

These services will support DSV across Asia, Europe, and the US, including a critical link between DSV’s hub in Huntsville, Alabama (HSV), and Luxembourg (LUX), one of its most important and long-standing trade lanes. The 777F will enhance DSV’s network across major international markets, combining extended-range capability and high payload with improved fuel efficiency and reduced emissions.

This agreement with Atlas Air marks an important step in growing and strengthening DSV’s international operations. The addition of a 777 freighter allows it to further enhance service to customers, with greater control over capacity, schedules, and connectivity. The Huntsville–Luxembourg corridor is a vital trade lane and this new programme ensures it can continue to deliver consistent, high-quality performance across key transcontinental routes.

The Boeing 777 freighter offers a maximum payload of 103 tons and a range of 4,970 nautical miles (9,200 km), making it the longest-range and most capable twin-engine freighter in operation. Recognised for its high reliability, fuel efficiency, and low maintenance and operating costs, the 777F also meets quota count standards, enabling access to noise-sensitive airports around the world.

Atlas Air, Inc., has announced a new long-term partnership with Etihad Cargo, the cargo and logistics arm of Etihad Airways, the national airline of the United Arab Emirates. Under the agreement, Atlas Air will provide Etihad Cargo with dedicated freighter capacity through the operation of a newly delivered Boeing 777 freighter. Beginning in August, the aircraft will initially serve routes connecting Hong Kong, Abu Dhabi, and Madrid.

The partnership comes at a time of growing demand for general air cargo, eCommerce, automotive, pharmaceuticals and perishable products across Asia, the Middle East, and Europe.

The 777F offers state-of-the-art, efficient capacity to support Etihad Cargo’s growth and customer product offering. The agreement reflects the strength of the longstanding relationship between Atlas Air and Etihad Cargo, dating back to 2012 when Atlas Air first began providing flight services over a multi-year period.

Etihad Cargo’s expanded collaboration with Atlas Air represents a strategic step in scaling capacity and extending its global reach. With Etihad Airways’ passenger fleet continuing to grow, it is essential that its freighter fleet expands in parallel to sustain this momentum and deliver end-to-end network connectivity. By aligning growth across both passenger and freighter operations, Etihad Cargo reinforces its ability to meet evolving customer demand, strengthen high-volume trade lanes, and introduce greater flexibility across key markets. This additional capacity further enhances the reliability and agility of its services, ensuring the delivery of seamless and efficient cargo solutions worldwide.”

The 777 freighter is the world’s largest, longest-range twin-engine freighter, with a payload of more than 100 tons. With its fuel efficiency and reliability, this aircraft supports Etihad Cargo’s commitment to delivering sustainable, high-quality cargo solutions across its global network.

Kuehne + Nagel collaborates with MTU Maintenance Lease Services (MLS) on a new fulfilment centre in Zhuhai, China, to support the coordination of aero engine parts supply. This strategic facility strengthens the long-standing partnership between the two companies and is key to enhancing MLS’ global logistics operations.

MLS specialises in the leasing and asset management of commercial aero engines and is a subsidiary of MTU Aero Engines, which is a globally recognised high-tech expert in the development, production, and maintenance of engines and engine components.

The MLS fulfilment centre is strategically located in Zhuhai, within the Guangdong–Hong Kong–Macao Greater Bay Area (GBA), and supports its material supply in the region. The fulfilment centre complements MLS’ existing parts hubs in the Netherlands and the US, forming a globally integrated logistics network that ensures fast and reliable access to critical components.

Operated by Kuehne + Nagel, the facility is built to the highest standards of speed, compliance, and reliability. It features bonded storage and offers same-day or 24-hour despatch, 365 days a year, ensuring uninterrupted support for urgent line-replaceable-unit (LRU) requirements and time-critical operations, including aircraft-on-ground (AOG) situations.

This partnership also reflects Kuehne + Nagel’s continued commitment to the aerospace sector, offering scalable, end-to-end logistics solutions that combine global reach with local execution.

In today’s food supply chain, efficiency is no longer just a cost-saving measure – it’s a climate imperative. That’s why Constellation Cold Logistics is investing in smarter logistics, sustainable infrastructure, and deep customer partnerships that unlock environmental and commercial benefits.

The Company’s collaboration with Bidfood, one of the UK’s leading foodservice providers, is a blueprint for what this looks like in action. By designing a tailored consolidation scheme and integrating live data into the delivery cycle, Constellation has dramatically reduced emissions and improved vehicle utilisation – all while ensuring Bidfood’s network of depots gets what it needs, when it needs it.

At the centre of the collaboration is a Wolverhampton cold storage facility, where Constellation manage over 1,200 stock-keeping units (SKUs) on behalf of Bidfood and over 120+ of its suppliers. From here, Bidfood places orders based on stock requirements and forecasted demand. Constellation then consolidates multiple product lines onto shared pallets, preparing them for distribution to over 20 of Bidfood’s UK depots.

This process enables Constellation to maximise the space in every vehicle, loading more pallets per journey and reducing the number of trips required. In 2024 alone, this scheme eliminated 636 delivery journeys, saving an estimated 92,000 kilometres of travel and cutting CO2 emissions by approximately 56,000 tonnes.

The strength of this partnership lies not just in logistics, but in real-time collaboration. When Bidfood places an order, Constellation’s systems instantly calculate how efficiently that order can be loaded, allowing Bidfood to make agile decisions that prioritise either load fill or delivery speed. This responsiveness is where a shared commitment to sustainability comes to life. Over the course of 2024, average load fill increased from 20.3 pallets per vehicle in January to 25.2 by December – saving 22 journeys per week by year-end.

To make every journey count, Constellation has introduced a backhauling initiative. When Constellation vehicles deliver to Bidfood depots, they don’t return empty – instead, they collect new stock from nearby suppliers on the return trip to Wolverhampton.

This coordinated approach reduces empty vehicle miles and further lowers carbon emissions. It’s a simple change with a big impact, reinforcing how partnership and planning can drive sustainability.

The success of the Bidfood partnership has already inspired Constellation’s 2025 goals: increase average load fill to 26 pallets per vehicle, and reduce food miles further by collaborating with Bidfood’s new forecasting systems to cut down inter-depot transfers.

Beyond Bidfood, the principles of this scheme – strategic consolidation, integrated ordering, backhauling, and emissions-focused planning – are ready to scale across Constellation’s broader network. Its wider sustainability roadmap includes major investments in low-emission vehicles and refrigeration systems. In 2024, it invested €350,000 in 20 new hydraulic generators, reducing refrigeration diesel use by 80–90.0%. It is also preparing to introduce electric vehicles to its UK fleet, following successful trials in Norway.

Constellation Cold Logistics believes the future of the cold chain depends on collaboration, not competition. Its partnership with Bidfood proves what’s possible when two organisations align on efficiency, transparency, and sustainability.

Wincanton has announced the extension of its partnership with premium tea and coffee retailer Whittard of Chelsea. The relationship, which began in 2012, has been extended to support Whittard’s ongoing UK and international growth across both eCommerce and physical retail. Under the renewed contract, Wincanton will continue to manage both B2C and B2B fulfilment operations from its state-of-the-art eFulfilment centre, DC7, in Northampton.

On B2C operations, Wincanton will continue to handle online order fulfilment for customers across the UK and international markets, managing everything from storage and pick-and-pack to multi-carrier delivery services. For B2B, Wincanton will continue to oversee stock distribution to Whittard’s UK stores and, eCommerce fulfilment and international wholesale partners – ensuring shelves are restocked efficiently and reliably throughout the year.

The partnership has delivered strong operational performance across its duration, culminating in picking accuracy of 99.99%, and 99.5% accuracy for outbound eCommerce orders, this year.

As Whittard looks to expand its retail footprint, the 3PL’s logistics expertise and scalable fulfilment solutions will continue to play a vital role in enabling their success.

The contract also includes a range of specialist services. These include managing the certification requirements for international shipping – critical for efficient and regulation-compliant international trade – and Whittard’s unique personalisation services, from bespoke blending and packaging of tea and coffee products to packing gift orders and personalised gift messages.

Some partnerships just work. They don’t need fanfare, just steady effort and clear communication. That’s been the case with Lineage (formerly Claus Sørensen AS) and Danpo/Scandi Standard.

The two companies have worked together for years now. This new five-year agreement in Vejle, Denmark, is less like a fresh start and more like a natural next step. The kind of thing that happens when both sides keep showing up and getting things done.

In cold chain logistics, location matters and for Danpo, Vejle sits at the heart of it all. Fresh product arrives from Aars and heads straight into blast freezing, locking in quality and extending shelf life. Finished goods from Farre come in next, held on-site for as long as needed. Sometimes just a few weeks, sometimes months. That includes safety stock to keep distribution moving smoothly, as well as frozen raw materials that are later sent back into production.

From there, product is shipped where the demand is. Some product stays in Denmark. Some goes by truck across Europe. And some travels much farther, reaching markets as far away as South Korea and Hong Kong.

Every cold chain relies on precision and coordination, but great partnerships are built on something deeper: real relationships between the teams doing the work.

At Vejle, the day-to-day connection with Danpo has always been a strength. Communication is constant. Adjustments happen fast. And because the two companies know each other’s operations so well, they are able to anticipate needs before they become bottlenecks.

For Danpo, that means more than just freezer space. It means having a partner who sees the whole picture: how to reduce lead times, adapt quickly and make sure inventory is where it needs to be before it’s even needed.

That’s why this partnership works. With ten cold storage facilities across Denmark, Lineage has the scale to support changing needs and the flexibility to do it fast.

Danpo/Scandi Standard are looking beyond Denmark, and Lineage is right there with them. They’ve already set their sights on new markets like Norway and the Netherlands. On the Lineage side, it has been expanding too, including the recent acquisition of Permanor in Norway.

Moves like these don’t happen all at once. But when a partnership has a solid track record, it’s easier to take that next step together. The trust is already there. The rhythm is already in place. And when both sides are growing? That’s when things really start to move.

Mitsui O.S.K. Lines, Ltd. (MOL) announced that a cargo transfer vessel (CTV) owned by its wholly owned subsidiary SeaLoading Holding will be shared by TotalEnergies EP Brasil Ltda., which employs the vessel in its operation since 2020, with Shell Brasil Petróleo Ltda. through OSM Do Brasil Gerenciamento De Operações Marítimas Ltda.

The CTV "SeaLoader 1" is employed by TotalEnergies for transferring crude oil produced by FPSOs located in the Santos Basin off the coast of Brazil to tankers. This agreement allows Shell to also use the SeaLoader 1 to discharge its cargo.

MOL considers Shell's participation in the CTV business marks a major milestone for the future spread of CTVs in Brazil. Such a milestone was possible due to the collaboration of TotalEnergies, which was the first company to use the CTV technology in Brazil and continues to be the priority user of SeaLoader 1. To date, the two CTVs operating in Brazil have realised more than 130 successful offloading operations.

The MOL Group aims to further expand the use of CTVs, which can significantly reduce CO2 emissions and costs compared to conventional crude oil transfer using shuttle tankers, and strengthen cooperation with oil majors to improve efficiency and reduce environmental impact in the supply chain from crude oil production and storage to discharging.

Normally, crude oil produced from the seabed by floating production, storage & offloading systems (FPSOs) is transported by crude oil tankers to the demand area. However, ordinary crude oil tankers cannot receive crude oil directly from an FPSO because their hulls are highly susceptible to waves and wind. Therefore, shuttle tankers with fixed-point holding capability usually receive crude oil, transport it to calm waters where it can be transferred from ship to ship, and reload it onto a crude oil tanker. CTVs, on the other hand, can be connected between an FPSO and a crude oil tanker, enabling direct transshipment of crude oil from an FPSO to a crude oil tanker, thus dramatically increasing the efficiency of crude oil logistics. It also reduces CO2 emissions and costs by eliminating the need for shuttle tanker voyages. Currently, there are only two CTVs in the world, all owned by SeaLoading, which holds the patent for CTV technology.

Toll Group have been selected by the Defence to deliver vital equipment, supplies and support across Australia as part of the new A$1.5 billion Defence Theatre Logistics (DTL) contract. The new DTL contract consolidates two existing contracts, which will see Toll streamline the delivery of warehousing, national distribution, and retail store services across the Defence network.

This contract covers warehousing and storage at 18 main sites and 38 support warehouses, including over-the-counter services. Tasks include managing inventory, receiving, storing, inspecting, transferring, and issuing items such as vehicles and oversized stock.

Retail services will also be delivered at selected Defence locations, enabling ADF members to order, transact and collect items locally. Toll will manage the operation of a national distribution network between those sites and supported ADF establishments.

There will be a significant increase in staff at Toll in support of this contract, with approximately 800 additional team members starting across a phased transition period over the course of a 12-month period, commencing this month.

Toll Group, the majority owner of the CWT-SML Logistics (CWT-SML) joint venture with CWT, has announced the groundbreaking of its latest distribution centre, DC6, in Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate. This milestone marks a significant expansion of the Company’s regional capabilities, reinforcing its commitment to delivering world-class logistics solutions across the Middle East and North Africa (MENA) region.

The new DC6 facility will occupy an impressive 25,000 m2, featuring 15,620 m2 dedicated to warehouse space, mezzanine, and operational offices. Designed with flexibility in mind, DC6 incorporates four chambers tailored to varying client requirements and offers temperature-controlled environments. The site will accommodate up to 30,644 pallets, catering to a diverse range of storage and logistics needs.

Sustainability is at the core of DC6’s construction and operations, demonstrated by its LEED Silver certification, the integration of solar panels, water recycling systems, and energy-efficient lighting. These initiatives form part of Toll Group’s ongoing mission to drive industry-leading standards in environmental stewardship across all its facilities.

The project’s groundbreaking was held on 28 August 2025, with completion scheduled for August 2026. Upon opening, DC6 will serve as a key hub for 3PL services, inbound and outbound stock handling, comprehensive value-added services (VAS) for the MENA region, and both local and cross-border transportation.

Toll Group brings more than 25 years of UAE market expertise to the venture that has grown from a single distribution centre in 1997 to five facilities today. This expansion is underpinned by Toll’s dedication to global business practice, health and safety, and sustainability, which have become hallmarks of its reputation for superior service and competitive pricing.

CWT-SML continues to set the pace for logistics excellence in the region, with DC6 representing the next chapter in an enduring legacy of innovation, partnership, and client focused solutions.

James Latham has obtained planning consent to build its National Distribution Centre (“NDC”). The Company’s end to end supply chain review concluded that this investment was necessary as part of the long-term planning for the business in order to future proof the supply chain, reduce reliance on third party service providers and improve routes to market.

The Company’s initial investment will be £6.0 million for the land and then a further £39.0 million over the next two years to construct and fit out the warehouse. This investment will create a purpose built 27,870 m2 warehouse in East Anglia, UK, with good transport links, room to expand the Company’s product offering and fitted with Warehouse Management System technology to provide operational efficiency. These costs will be funded from the Company’s existing cash resources.

The NDC will provide more control and security over the storage of imported products, help support development of value-added products and allow the Company to increase its product ranges and improve stock throughput.

The NDC will also improve the internal distribution service within the UK allowing depot locations to hold a wider balanced range of products and improve service and product availability for customers and the business to continue to grow through the existing depot footprint.

ID Logistics is taking a new step in its development with the launch of operations in Canada, the 19th country to join the Group. The opening of a first logistics site in Ajax, in the Greater Toronto Area, marks not only the continuation of a global partnership with a global eCommerce player, but above all ID Logistics' ambition to position itself sustainably as a reference operator in this new market.

This first Canadian operation is part of a long-term relationship with a world leader in eCommerce, initiated in 2017. In addition to intensive development in the US, Canada completes a North American system capable of meeting the growing needs of the Group's customers in this region. Beyond this first operation, a whole implementation strategy is being deployed. It illustrates the Group's controlled development model: entering a new territory with a strategic customer, capitalising on a well-controlled operation and structuring from the outset, a commercial offer adapted to the local market, to welcome new customers and support the growth dynamic.

The new site is located in Ajax, east of Toronto, in the Greater Toronto Area - a region that alone concentrates more than 50.0% of the country's logistics space. This area, which is both economically dynamic and structurally tense in terms of land, represents a strategic choice: it is where the major consumer hubs are located, and therefore the key issues for the supply chain.

The brand-new building offers 70,000 m2 of surface area, 120 loading docks and a daily processing capacity of between 55,000 and 75,000 units. It benefits from an operational design directly inspired by the Group's best practices and most efficient sites. It has also been adapted to the specific climatic constraints of Canada, with equipment designed for snow removal, heated slabs and integrated anti-frost systems.

The launch of this operation is accompanied by a structured HR plan, designed upstream to respond to the reality of the Canadian market, marked by a scarcity of qualified labour. In partnership with two local agencies, ID Logistics has anticipated the recruitment of the first employees. The site's managers have been trained on other Group platforms, while an international task force is supporting the crucial start-up phases. Eventually, nearly 300 employees will join the operation, with a reinforced training programme, adapted to the customer's standards and the Group's requirements.

The opening of this first Canadian platform is a crucial step in ID Logistics' development strategy: the Group supports its key account customers in this new country but also wants to conquer market share in a rapidly changing logistics territory, in a country of 41 million inhabitants, where manufacturers, distributors and e-merchants are looking for reliable partners, experienced, and already established. ID Logistics has a team dedicated to customer relations and business development capable of a logistics offer that is immediately operational. The Group is already responding to Canadian calls for tenders.

This new location demonstrates the resilience and dynamism of the Company’s major customers while allowing it to continue balanced development on both sides of the Atlantic.

Lineage, Inc. has officially opened a new cold storage facility in Hawke’s Bay, expanding its footprint in one of New Zealand’s most important food-producing regions. Located at 48 Johnston Way within the Whakatu Industrial Park, the facility adds 5,500 pallet positions of capacity to Lineage’s existing campus in the region.

The site is strategically positioned to support both domestic and export supply chains and has been designed with multi-temperature storage capabilities to serve a wide range of customer needs. It is built to meet internationally recognised food safety standards and is purpose-built for use predominantly by ZIWI, a leading pet food company.

Lineage operates 26 facilities in New Zealand.

This is an important step in Lineage’s growth in New Zealand and the broader Asia-Pacific region. Investing in infrastructure like this strengthens the resiliency of the supply chain and reinforces its long-term ability to support customers and New Zealand’s role as a global food exporter.

Walmart of Mexico and Central America has announced an ambitious plan to accelerate growth in El Salvador, investing more than US$260.0 million over the next five years. The investment, beginning with a brand-new Supercenter, stands to spur progress in the region. It will go toward opening new stores, remodeling existing ones, increasing sustainability initiatives, upgrading plants and distribution centres, strengthening logistics networks, and enhancing technology to consolidate the Company’s omnichannel strategy.

The investments are projected to generate over 1,000 direct and indirect jobs, most of them in the same communities where new stores will be opened. Productive linkages will also be strengthened, especially with small- and medium-sized Salvadoran suppliers.

The investment in El Salvador will also strengthen the Company’s omnichannel strategy, offering customers all purchasing options through both physical stores and digital platforms.

Wherever it operates, Walmart works to make it easier for customers to live better. In El Salvador, the Company provides solutions to improve people’s quality of life, such as receiving and transferring remittances, paying utility bills, and offering greater payment flexibility for products.

Flipkart, India’s homegrown eCommerce marketplace, has announced a major expansion of its pan-India supply chain infrastructure ahead of its flagship festive event, The Big Billion Days. With the addition of new fulfilment centres (FCs) and last-mile hubs across key states such as Uttar Pradesh (Varanasi, Agra, Ghaziabad), Bihar (Patna), Haryana (Manesar), and Tripura (Agartala), Flipkart is deepening its regional presence, enabling faster festive deliveries, and creating thousands of jobs while powering the rapid growth of quick commerce in India.

This year’s expansion spans 35 lakh sq. ft., covering 21,000+ pin-codes nationwide. Facilities for all, including Large, Non-Large & Grocery:

> The new operational Varanasi Centre is spread across 2.0 lakh sq. ft., generating 3600 direct and indirect job opportunities.
> The newly operational Patna Fulfilment Centre, a 4.5 lakh sq. ft. cornerstone facility, serves more than 1,000 pin-codes and has created over 1,100 direct and indirect jobs.
> Flipkart is now operating in a Regional Distribution Centre (RDC) in Manesar, one of India’s largest state-of-the-art facilities. Spread over 140 acres, the RDC will create over 10,000 direct and indirect jobs, contributing significantly to local employment. The centre is expected to cater to a wide range of products, including parcel goods, white goods, and furniture, adapting its assortment dynamically to meet customer requirements and market trends.
> Flipkart expanded its footprint in the Northeast with its first grocery fulfilment centre in Agartala, Tripura. Spread over 3,250 m2 and equipped with a daily dispatch capacity of 5,000 orders per day.

In addition to Varanasi, Patna, Manesar, Ranchi, Ghaziabad, Agra and Agartala, Flipkart has gone live with new facilities in Guwahati, Singur, and Saidham, to name a few, strengthening last-mile reach ahead of the festive season. With these additions, Flipkart’s network now comprises over 100 fulfilment centres nationwide, collectively capable of processing millions of festive orders with speed and precision.

Flipkart’s supply chain blends the scale of large fulfilment centres with the agility of hyperlocal hubs, creating a hybrid network that serves every corner of Bharat. This festive season, its expanded infrastructure across Varanasi, Patna, Manesar, Ranchi, Ghaziabad, Agra and Agartala not only strengthens delivery speed and reliability for millions of customers but also generates inclusive job opportunities at scale. 2.2 lakh+ seasonal job opportunities have been created with a strong focus on women, PwD and first-time workforce hiring. From metros to Tier-2 and Tier-3 cities, the Company’s focus remains on delivering convenience, strengthening regional economies, and building a future-ready supply chain powered by technology and inclusivity.

Complementing its large-scale fulfilment centres, Flipkart is also scaling its quick commerce backbone through nearly 400 new micro-fulfilment centres and dark stores across 19 cities. This network underpins Flipkart Minutes, which has doubled order volumes every 45 days since launch, enabling faster-than-ever delivery of essentials and festive products.

As part of its festive readiness, Flipkart has created over 2.2 lakh additional seasonal job opportunities across warehousing, logistics, and last-mile delivery roles. This includes opportunities for persons with disabilities (PwDs) and other segments of society across its supply chain. With inclusive hiring, tech-led skilling through the Supply Chain Operations Academy (SCOA), and partnerships with social organisations, Flipkart is strengthening both festive operational capacity and India’s broader employment ecosystem.

Ekart, in partnership with NReach Online Services Limited, has launched on-ground health camps under its Suraksha wellness programme to support over 6,000 warehouse associates across 21 supply chain facilities. Timed ahead of the festive season and Big Billion Days, the camps offer essential screenings, including blood tests and diabetic, kidney, liver, and cardiac assessments, enabling early health insights for frontline employees. This builds on Suraksha’s broader impact, which has supported 1.7 lakh associates in 2025 and facilitated over 18 lakh minutes of doctor consultations last year. The initiative reflects Ekart’s commitment to caring for the people who help deliver India’s festive joy.

With these expansions, Flipkart reaffirms its role as a pan-India enabler of festive eCommerce and quick commerce, ensuring that The Big Billion Days 2025 brings faster, smarter, and more joyful shopping experiences for customers across the country.

Having completed a £285.0 million investment to extend the discounter’s Belvedere logistics hub, construction is now underway at Lidl’s new Leeds warehouse. Together, the warehouse updates represent a combined investment of £435.0 million into the British economy and with both sites together employing up to 1,000 people once fully operational.

The discounter has now completed its two-stage extension at its Belvedere site in London, investing £285.0 million across two buildings. The first phase of investment, which involved the construction of a new, second warehouse, equates to £160 million. The second stage demolished the original building to make way for a state-of-the art warehouse, which tripled capacity.

Lidl now boasts 74,320 m2 warehouse space at Belvedere, a 167.0% increase in its footprint since first opening at the site in 2003 - now big enough to park nearly 1,800 double decker buses indoors. Once fully operational, the site will serve 120 stores - from its recently opened store in Brentford, down to Dorking, as well as future stores.

The discounter’s ambitions don’t stop there. Last month construction started at its 38-acre site in Gildersome, Leeds. The £150.0 million investment is yet another example of Lidl’s commitment to scaling up and strengthening infrastructure to support its stores across the country as it builds towards its major milestone of 1,000 stores.

These projects, alongside Lidl’s ongoing search for new warehouses in the south of England, reinforce Lidl’s scale and ambition as it continues to grow. These developments will lead to over 500 new jobs, with the expansion at Belvedere creating 120 new positions and the Leeds warehouse resulting in 400 new roles. Following the discounter’s latest announcement, colleagues will also benefit from Lidl’s market leading pay and benefits from next month.

DP World has expanded its presence in Central Pennsylvania, US, with the launch of a new 23,190 m2 multi-customer warehouse in Middletown. Designed for flexibility and scalability, the facility is set to become a critical hub for fulfilment services tailored to small and medium-sized customers across the region. The warehouse will support business-to-business, direct-to-consumer, and eCommerce distribution models, offering cost-effective third-party logistics (3PL) services without the burden of dedicated infrastructure.

By expanding its 3PL capabilities in Central Pennsylvania, DP World is creating the scale and flexibility that businesses need to compete and grow. This facility is more than just additional capacity; it represents the Company’s strategy to bring smarter, more sustainable logistics solutions closer to customers across the Mid-Atlantic and Northeast.

Strategically located in Central Pennsylvania, the warehouse offers direct truck and rail connections to major East and West Coast ports, enabling rapid delivery to major metro areas. The site will employ up to 200 full-time team members and is expected to handle more than 10 million inbound and outbound units annually.

Formerly a high-volume electronics distribution centre, it has been modernised with the latest in logistics automation and will hold TAPA-A certification, reflecting DP World’s commitment to security and operational excellence.

In addition to opening the new multi-customer facility, DP World recently combined two smaller operations into a second state-of-the-art 51,470 m2 warehouse in Middletown.

Stellantis is investing more than US$41.0 million in a new Mopar Parts Distribution Centre (PDC) in Forsyth, Georgia. Located about 60 miles south of Atlanta, the nearly 39,205 m2 facility will further strengthen the Company's US parts distribution network, supporting faster, more efficient service for dealers and customers of the Chrysler, Dodge, Jeep, Ram, Alfa Romeo and FIAT brands throughout the Southeastern US.

Mopar is the global name for Stellantis genuine parts and authentic accessories. This facility represents a critical investment in Mopar's long-term growth strategy and the ability to support the dedicated workforce that drives its success. It provides UAW-represented employees with the tools, technology and environment they need to deliver exceptional service to dealers and customers while supporting a commitment to efficiency and sustainability.

The facility will feature a 1,485 m2 AutoStore automated storage and retrieval system, a breakthrough in warehouse logistics. The AutoStore system uses 66 robots designed to retrieve parts from a high-density grid of bins, transporting them to processing stations where PDC employees prepare final shipments. This next-generation automation enhances order processing speed, accuracy and inventory control while reducing the physical footprint required for storage.

The facility will leverage energy-saving technologies and sustainable building practices, reflecting Stellantis' commitment to minimising its environmental footprint and enhancing operational performance.

Mopar, the global service, parts and customer-care brand of Stellantis, has a rich 88-year history of providing genuine parts and accessories for Stellantis-brand vehicles, including Chrysler, Dodge, Jeep, Ram, Alfa Romeo and FIAT. The new Georgia PDC will support approximately 90 UAW-represented jobs.

The Georgia investment builds on Stellantis' broader transformation of its parts distribution network. In July, the Company announced a US$388.0 million investment to create a Metro Detroit Megahub, its largest PDC project to date, and earlier this year celebrated the opening of a US$64.0 million PDC in East Fishkill, New York. Together, these projects, totalling nearly US$500.0 million, reinforce Stellantis' long-term commitment to strengthening its Mopar network across North America.

Kintetsu World Express is to rebuild its country headquarters warehouse in Changi South, located in the eastern region of Singapore. The new facility is scheduled for completion in fiscal year 2027.

Located near Changi Airport, the Changi South Warehouse occupies a highly strategic position for air freight operations. Since its completion in 1996, it has supported KWE Singapore’s growth for 29 years.

In recent years, Singapore’s pro-business policies and tax incentives attracted a growing concentration of healthcare and semiconductor companies, particularly from Western countries. As a result, the country’s role as a logistics hub in Southeast Asia has become increasingly significant.

KWE Singapore views the expansion of its logistics business, alongside its forwarding business, as a central pillar of its growth strategy. The new warehouse will increase both capacity and functionality. Through collaboration with APL Logistics, a member of the KWE Group, the project will enhance efficiency and productivity across the Group.

The facility will be a four-storey reinforced concrete structure, with a total floor area of 29,184.56 m2 (warehouse area: 22,960.98 m2), featuring an air-conditioned mezzanine warehouse area for temperature-controlled cargo. It is set to open in December 2027.

FedEx has announced plans to expand and upgrade its gateway facility at Narita International Airport. This upgraded facility is designed to enhance capabilities and meet the increasingly diverse logistics needs of customers and businesses in Eastern Japan.

Upon completion, the new gateway will be approximately double the size of the current facility, totalling around 8,500 m2, and will consist of two warehouse buildings. FedEx plans to install an advanced sorting system in one of the buildings, capable of handling a higher volume of parcels, including those from cross-border eCommerce businesses, coming in and out of eastern Japan. The other building will be transformed into a specialised gateway facility for freight shipments, providing increased space for handling and preparation of import and export shipments as well as seamless truck loading and unloading operations. FedEx plans to open the new gateway in phases between the second half of 2026 and 2027.

Improving its operational efficiency at this key gateway in Japan is vital to remain adaptable to today’s varied shipping requirements and volumes. The planned enhancements are aligned with FedEx’s business strategy to strengthen its freight offerings and establish the network for what’s next. The new facility at Narita International Airport is a testament of a strong commitment to facilitating cross-border trade and optimising the country’s supply chain capabilities.

FedEx has experienced steady growth in the number of inbound and outbound shipments handled at Narita International Airport. In 2024, this number increased by approximately 4.5% compared to the previous year and surged by 25.0% compared to 2019 levels.

Freight shipments accounts for a significant proportion of air transport. In 2022, the average weight per shipment in international air cargo was 356 kg for exports and 436 kg for imports, reflecting a trend where import weights consistently exceed export weights across various categories. Notably, food products stand out with a weight of 890 kg per shipment, while categories such as clothing, pharmaceuticals, non-metallic mineral products, metal products, and medical machinery also exceed 500 kg. Machinery and equipment dominate the cargo landscape, comprising 65.9% of total export weight and 63.1% of total import weight in international air cargo.

FedEx currently operates in two airports in Japan: One at Narita International Airport for Eastern Japan and another at Kansai International Airport for Western Japan, connecting customers to 220 countries and territories via an efficient and convenient network.

HarperCollins Publishers is to build a state-of-the-art supply chain logistics facility in Brownsburg, Indiana, US. The new 148,645 m2 hub, set to open in 2028, will leverage the most advanced technology available to improve efficiency, enhance fulfilment accuracy, reduce waste, and increase visibility and control over the supply chain.

Drawing on valuable insights from HarperCollins’s recently opened Robroyston warehouse in Glasgow, Scotland, the new facility will utilise automation to increase efficiency, speed, and reliability. With the capacity to ship more than 300 million books annually, it will allow for continued growth and future acquisitions.

In 2010, HarperCollins outsourced distribution and logistics services, consolidating the number of warehouses the Company used from five to one. Over the last 15 years, HarperCollins has seen its revenue nearly double, bolstered by organic growth and strategic acquisitions, including Thomas Nelson, Harlequin, and HMH Media.

The facility is expected to create more than 400 supply chain logistics jobs and an additional 375 jobs during the construction phase.

H&M’s logistics operations in Central-Eastern Europe can be handled even faster and more flexibly in the future. Arvato has further expanded its eCommerce distribution centre in Stryków, Poland, and installed an automated shuttle storage system with a capacity of up to 270,000 cartons.

It is currently the largest system of its kind in Central Europe and also the first time that the Company has implemented this automation technology at one of its sites in Poland.

With both measures, Arvato is completing the expansion of the logistics site for H&M. A new hall with a high-bay warehouse has been built, in which self-propelled reach trucks are used for order picking from shelves up to 8.7 meters high. With the current expansion of 16,000 m2, including the mezzanine areas, the Stryków site now has a total of 98,000 m2 of warehouse space, 31,000 m2 of which are mezzanine floors.

The logistical centrepiece there is a new KNAPP shuttle system, which occupies around 10,000 m2 of the newly created space. Products can be stored there on 16 levels along 15 aisles. The facility is equipped with 144 shuttles that move at speeds of up to 70 kilometres per hour. In conjunction with the conveyor lines, which cover around five kilometres, this enables even faster storage and retrieval. The main challenges in implementing the project included the integration of several IT and infrastructure systems, which required very precise coordination and cooperation between Arvato and the solution providers, as well as the implementation of fire protection regulations during the installation work. At the same time, staff were given intensive training in the new technology.

With the commissioning of the shuttle system, Arvato has now fully automated the entire goods receiving process in the warehouse, from the unloading ramp to the storage of goods in high racks or in the shuttle system.

This expansion marks another step forward in H&M’s collaboration with Arvato, which began in Poland in 2018. It’s a strong commitment to deliver an exceptional customer experience across the region in the years ahead, while adapting to advancements in available technology.

Within Arvato's global network, the site serves as a regional logistics hub, enabling fast deliveries to several markets in Central and East Europe. Arvato operate a total of 16 distribution centres with more than 360,000 m2 of warehouse space at seven locations in Poland.

McLane Company Inc., has opened a new tech hub in Austin, Texas, US, to support its technology and AI acceleration strategy and its growing Information Technology and Digital (IT&D) team.

Having a presence in Austin, an established technology epicentre, allows McLane to tap into a large and diverse pool of talent to help advance its ambitious tech and data strategy. The space brings the Company’s growing IT&D team together for collaboration and innovation, and will support approximately 100 teammates across cyber, data, AI and cloud engineering expertise.

McLane is accelerating its digital transformation through strategic technology investments designed to strengthen its intelligent digital foundation for growth and value. Central to this strategy are frictionless experiences, automation services and real-time visibility, enabled by the most advanced AI-powered digital products and solutions.

McLane’s IT&D team is led by new Chief Information & Digital Officer, Murat Genc, who joined the Company in September 2024. Genc is responsible for McLane’s digital, AI and technology strategy and operations. Prior to McLane, Genc served as the Global Technology and Digital Officer at Whirlpool and in multiple leadership roles at Procter & Gamble.

Alongside Genc, four seasoned technology veterans have recently joined the McLane IT&D team:

Tanya Coutray, Vice President and Retail CIDO - Coutray has over 25 years of experience leading enterprise data, analytics and AI strategy at companies like AWS, Walmart and T-Mobile. She has scaled global transformation initiatives across compliance, HR and supply chain, embedding AI-powered solutions that drive measurable business impacts.

Nick Elizondo, Vice President of Enterprise and Supply Chain Platforms - Elizondo brings more than 25 years of experience in supply chain and technology roles to the team. He has worked at PepsiCo, Frito-Lay and most recently Keurig Dr Pepper.

Juan Gomez-Sanchez, Vice President of Cybersecurity - Gomez-Sanchez joined the McLane team from Whirlpool, where he was GISO/CISO for over four years, leading a modern cyber resilience programme. He is using industry best practices and a technology stack to enhance security.

Sid Kulkarni, Vice President of Data, Analytics and AI - Kulkarni has extensive expertise in data, engineering, cloud platforms and leadership in retail and tech firms, with various certifications and roles at Intel, Lowe's, Oracle, PubMatic and as CTO at FICO.

SEGRO V-Park Grand Union has become the first industrial and logistics building in the world to achieve WiredScore Platinum certification. Located in Park Royal, SEGRO V-Park Grand Union is a six-storey urban logistics development that has been recognised for its outstanding digital infrastructure.

Awarded following a rigorous assessment, the WiredScore Platinum rating, reflects the building’s high-speed fibre connectivity, strong mobile signal, secure telecoms spaces and future-ready features such as rooftop installation capacity and AV-enabled meeting rooms. It also incorporates sustainability-focused technology like EV charging stations and real-time energy monitoring.

The building scored an impressive 91 out of 100, placing it among the best-connected industrial spaces in the UK.

Hand in hand with this recognition, SEGRO has achieved Platinum Partner status within the global BCS partner network. This reflects the Company’s continued investment in digital expertise and the professionalisation of its Digital function across the organisation. Fewer than 75 organisations worldwide have earned this distinction and SEGRO is the only property company to have reached this level of excellence.

Lufthansa Cargo has elevated its digital offering, which is now more intuitive, clearer and requires fewer clicks. Thanks to the optimised “eBooking” user interface, including a shortened booking process for standard shipments, customers can now book their general cargo shipments in around half the time it previously took.

The new function for saving recent searches can even reduce the booking process to just 30 seconds. Customers also benefit from a clear overview of routing options and other practical functions, such as the display of relevant station information. The integration of additional services, such as CO2 offsetting, is already in the planning stage.

The “eTracking” shipment tracking service has also been revamped and is expected to be available from the end of August: With a newly designed user interface, customers can track their freight shipments even more clearly and easily. In addition, the option of proactive email notifications along the transport chain and in the event of deviations from the original transport plan provides more transparency.

The new online experience was developed in close cooperation with the cargo airline's customers. Their feedback was specifically incorporated into the optimisation of the booking steps – and also forms the basis for future developments.

With these innovations, Lufthansa Cargo is underlining its pioneering role in the digitalisation of air freight. Since this spring, customers have also been able to book dangerous goods shipments digitally. In May, the Company also developed an AI solution that processes booking enquiries by email faster and more securely. Numerous other innovations are already being implemented to continuously improve customer experience.

AD Ports Group announced the signing of an agreement to develop a digital Single Logistics Trade Window solution for Angola’s trade regulator - Agência Reguladora de Certificação de Carga e Logística de Angola (ARCCLA), and the purchase of 30 new trucks and 45 new trailers with an approximate value of US$6.0 million for its Angolan logistics business, Noatum Unicargas Logistics.

The Group has also signed five preliminary agreements with Angolan public- and private-sector partners to explore wider cooperation in maritime services, cabotage, training, logistics, airport cargo handling services, and healthcare.

The increase in the Group’s activities in Angola, where it has already committed to investing US$250.0 million through 2026 to redevelop and expand Noatum Ports Luanda Terminal, the multipurpose terminal facility at the country’s largest port, came six months after the Group commenced operations in Angola in January.

The Single Logistics Trade Window agreement and the truck fleet purchase deepen the Group’s presence in Angola - centred around the Port of Luanda, which handles approximately 76.0% of Angola’s container and general cargo volumes, as well as providing maritime access to landlocked neighbours Democratic Republic of the Congo and Zambia.

Noatum Ports Luanda Terminal at the Port of Luanda is a main staging point for Noatum Unicargas Logistics, the Group’s 90.0%-owned joint venture with local partner Unicargas, which is deploying one of Africa’s most modern overland transport fleets. The addition of new trucks and trailers represents a near doubling of the Group’s Noatum Unicargas Logistics truck fleet, expanding the operation to 70 trucks and 95 trailers.

For the national trade regulator ARCCLA, AD Ports Group’s digital arm – Maqta Technologies - is developing a digital single logistics trade window solution called JUL, which will become the modern backbone of Angola’s digital trade ecosystem. JUL will simplify trade and customs-related processes in Angola, an emerging central West Africa trade hub. In the first of three phases during the three-year agreement, JUL will streamline trade by sea, and enhance operational efficiency, and reduce carbon emissions, in Angola’s trade and logistics sector.

By harmonising trade via sea, air, and land, JUL will integrate and simplify existing platforms such as the National Network of Logistic Platforms (RNPL), Single Port Window (JUP), Single Window for Foreign Trade (JUCE) with customs management system, as well as the digital systems of the logistics and trade ministries, other governmental entities, traders, forwarders, wholesalers and retailers, and the National Bank of Angola.

The development of JUL will draw on the Group’s in-house platform development expertise, which it bolstered through the purchases of TTEK, a developer of border control solutions and customs systems, and Dubai Technologies, a trade and transportation solutions developer.

The preliminary agreements signed with additional Angolan partners cover a range of areas.

A framework agreement with The Ministry of Transport of the Republic of Angola will explore potential cooperation in institutionalising the national maritime academy in Angola, ferry and cabotage services, operations of marine terminals, logistics platforms, as well as the Caio Deepwater Terminal in Cabinda, and the Dande Free Zone Multipurpose Terminal.

An MoU with Angola’s Agencia Maritima Nacional, the national maritime authority, will focus also on the creation of a national maritime academy. With Secil Maritima SA, an Angolan maritime company, the Group will consider collaborations in maritime and cabotage cargo services. With Sociedade Gestora de Aeroportos SA (SGA), the Group will evaluate opportunities to enhance logistics services, ground handling, cargo handling and warehousing, at the airport in Catumbela, which is called Aeroporto International Paulo Texeira Jorge.

The Group’s DOCKTOUR joint maritime-medical venture with UAE medical services provider Burjeel Holding will also explore opportunities with the Angola Ministry of Health to provide logistics and supply chain services for transport of medical equipment, pharmaceuticals, and healthcare supplies in Angola.

Toll has announced the first of a programme of electric prime movers for Primary Connect (part of Woolworths Group) at their new Moorebank Distribution Centre, NSW, Australia. This milestone marks the beginning of heavy electric vehicle deployment for Primary Connect in NSW, with additional units to follow.

Commencing operations in October, the Volvo FM battery electric prime mover will provide a cleaner, quieter, and lower-emissions transport solution. The programme is supported by a 980kw EV charger at the Moorebank Distribution Centre, which builds on the strong sustainability focus of the site which includes a 3.8MW onsite solar generation system. The introduction of electric vehicles complements the significant investment Woolworths has made in the new distribution centre and its dedicated charging capability.

The delivery forms part of Toll’s A$67.0 million investment in battery electric heavy vehicles and charging infrastructure, co-funded with the Australian Renewable Energy Agency (ARENA) through its ‘Driving the Nation’ programme. ARENA’s support has been instrumental in enabling Toll to progress this initiative.

The initiative marks an important step forward in efforts to reduce carbon footprints through innovation in heavy transport. The insights gained from this will contribute to broader industry knowledge on energy usage, route planning, and vehicle performance, and support the long-term transition to low-emissions freight transport in Australia.

The global regulatory landscape, particularly in the UK and European Union, acts as a powerful catalyst for change, urging companies to embrace sustainable practices that extend beyond basic compliance. Logistics service providers are witnessing an increased demand from their customers to actively monitor emissions and ensure adherence to both current and forthcoming regulations. That’s why Europa Worldwide has adopted Blue Yonder’s Logistics Emissions Calculator, part of the Sustainable Supply Chain Manager solution, to meet its sustainability goals and evolving customer demands.

Europa Worldwide has integrated Blue Yonder’s advanced logistics carbon management capabilities, recently enhanced by the acquisition of Pledge, across its Road Freight division in the UK, Ireland, Belgium, and the Netherlands. This strategic implementation underscores the Company's commitment to offering sustainable logistics services.

Europa Worldwide selected Blue Yonder for its ability to deliver precise and detailed carbon emissions reports, leveraging millions of data points through advanced emissions modelling. Blue Yonder’s Logistics Emissions Calculator provides GLEC-accredited and ISO 14083-aligned calculations, ensuring industry-recognised accuracy and credibility. Furthermore, Blue Yonder’s seamless API integration with Europa Worldwide’s transportation management system facilitates efficient carbon reporting, enhancing transparency and customer trust.

Prior to adopting Blue Yonder, Europa Worldwide faced challenges with its in-house emissions reporting method, which lacked the granularity and accreditation necessary for impactful sustainability efforts. The limitations of the previous system highlighted the need for a more robust solution to meet customer demands for precise data and to support the global initiative towards Net Zero.

Since implementing Blue Yonder’s Logistics Emissions Calculator, Europa has experienced a significant rise in customer engagement with emissions reporting, showcasing the solution's value. The integration of Blue Yonder’s emission reporting capabilities underscores a dedication to maximising strategic efforts in enhancing sustainability within logistics.

The new reporting system was first launched in Europa Worldwide’s Road department, receiving significant usage by customers, with up to four new customers being added per week. Europa Worldwide plans to extend Blue Yonder’s Logistics Emissions Calculator to its Air and Sea customers by the end of 2025, further integrating emissions reporting into its customer self-serve portal for enhanced accessibility and self-service.

In its latest move towards achieving greener logistics, DP World has taken another significant step in its decarbonisation strategy with the deployment of five new electric internal transfer vehicles (eITVs) within its operations at Laem Chabang International Terminal (LCIT).

The first batch of eITVs is expected to reduce carbon emissions by approximately 60.0% when compared to current ITVs powered by diesel. DP World aims to complete the full conversion fleet by 2030, which will decrease the terminal’s overall carbon footprint by around 12.0%, in comparison to baseline emissions of 2022.

On-site solar generation projects are already underway at LCIT, including its Container Freight Station (CFS) warehouse and other key locations within the terminal. These efforts form part of the Port Authority of Thailand’s (PAT) Green Port Strategy, supporting its goal of transforming Laem Chabang Port into a green port by 2030. Collectively, these strategic steps not only minimise environmental impact but also strengthen LCIT’s long-term competitiveness and sustainability.

Beyond environmental benefits, the eITVs will enhance operational efficiency by facilitating container transport between vessels and the yard, enabling faster vessel turnaround times and improving overall terminal efficiency.

DP World has successfully implemented similar electrification initiatives across its global ports, including Port of Brisbane on Fisherman Island in Australia and Manila South Harbour in the Philippines. These efforts underscore DP World’s sustainability commitment and its broader mission to decarbonise port operations globally.

GXO Logistics and B&Q, the UK’s leading home improvement and garden living retailer, are making strong progress toward their shared goal of achieving net-zero carbon emissions across B&Q’s logistics operations by 2040.

Since the partnership began in 2015, GXO has managed B&Q’s retail transport network, including national and regional distribution centres, Store to Home final mile services, returns processing, and a flagship seasonal warehouse. B&Q has a strong online presence and marketplace, with over 700,000 products available for home delivery or click and collect.

Together, the companies are driving innovation and sustainability in retail logistics, aligned with B&Q owner Kingfisher’s vision of “Better Homes. Better Lives. For Everyone.”

Achieving zero-emissions in logistics transport is a significant challenge - one that can only be met through a combination of strategies. GXO’s partnership with B&Q exemplifies this, showcasing how a thoughtful blend of available technologies and a shared commitment to decarbonisation can drive real progress. B&Q’s approach stands out as a model for the industry, proving that innovation, collaboration, and sustainability can go hand in hand to create a more efficient and environmentally conscious fleet.

In 2022, GXO and B&Q launched the B&Q Sustainability Glidepath, a comprehensive roadmap to decarbonise the logistics fleet. Thanks to a combination of performance improvements, accurate emissions reporting, and strategic initiatives, the companies reduced their emissions forecast by 40.0% in 2024, placing B&Q ahead of schedule on their journey to net zero.

A cornerstone of the decarbonisation strategy is the transition to alternative fuels. Since 2019, B&Q has deployed 105 Liquified Natural Gas (LNG) vehicles – now the second-largest LNG fleet in the UK – reducing carbon emissions by 16,000 tonnes. In December 2024, the companies completed the conversion of all remaining vehicles and 80 refrigerated trailers to Hydrotreated Vegetable Oil (HVO), which cuts CO2 emissions by up to 90.0% compared to diesel.

GXO and B&Q have also invested in electric vehicles (EVs), with five electric vans and two electric HGVs already in operation. Two more electric HGVs will be added in 2025, with plans to introduce 55 additional EVs over the next five years. The current EV fleet is projected to save 250 tonnes of CO2 equivalent annually.

Beyond fuel changes, GXO has implemented a range of initiatives to reduce road miles and improve operational efficiency for B&Q. These include:

> Backhaul optimisation, saving 104 tonnes of Scope 3 emissions in 2024 alone.
> Paragon and Microlise systems to enhance route planning and driver performance.
> A 9.5% reduction in fleet size since 2021 through smarter scheduling and behaviour-based driving improvements.

In Q1 2025, the companies introduced 35 new LNG-powered Volvo FH Aero tractor units. These vehicles feature extended aerodynamic cabs that improve fuel efficiency by 3.0%, saving an estimated 100 tonnes of CO2 annually.

Looking ahead, B&Q is piloting GXO’s proprietary AI-powered transport optimisation platform. This technology analyses millions of route variations to identify the most efficient schedules, with early results indicating potential savings of 240,000 kilometres and 150 tonnes of CO₂ annually. Full implementation is planned for 2025.

As part of its path to decarbonisation, GXO operations in the UK employ an activity-based carbon accounting methodology, using DEFRA conversion factors to calculate emissions from fuel usage and energy consumption. This data is submitted monthly to Kingfisher and independently audited annually.

Coca-Cola, along with its bottling partners, is redefining green logistics by expanding one of India’s largest truck fleets, featuring over 5,000 EVs nationwide. This strategic investment not only delivers refreshment to every corner of India but also fuels job creation and underscores a commitment to operational excellence and social impact.

Coca-Cola's products traverse several hundred kilometres daily, reaching both urban and rural markets efficiently. This vast distribution network relies on a dedicated workforce of thousands of truck drivers, whose roles are pivotal in ensuring the timely delivery of beverages across the country. The ongoing expansion of the logistics fleet directly translates into stable employment opportunities, reinforcing Coca-Cola's position as a significant contributor to India's supply chain workforce.

Superior Drinks Pvt. Ltd., a key Coca-Cola bottler, has bolstered its fleet with close to 200 state-of-the-art trucks and EVs added this year. This move has significantly increased distribution capacity and quality from plant to shelf. Meanwhile, SLMG Beverages, another major bottling partner within the system, has scaled up its electric vehicle fleet adding over 3,000 EVs in the last three years to support last-mile delivery. Hindustan Coca-Cola Beverages (HCCB) has also strengthened the network by deploying approximately 500 EVs across 10 states, improving regional coverage and operational efficiency. Collectively, the scale of the bottling partners' fleets is only expected to rise in the years ahead.

In addition to workforce growth, Coca-Cola emphasises driver welfare through a comprehensive programme that includes annual road safety trainings, tailored for India's diverse road conditions, regular medical and vision check-ups, and wellness seminars focused on road safety and stress management. Additionally, each vehicle is routinely assessed to meet operational standards. These initiatives aim to enhance driver safety and health, reduce operational risks, and improve overall job satisfaction.

As Coca-Cola's products journey across the country, every kilometre represents not just refreshment for consumers, but also new opportunities, livelihoods, and growth for countless Indians. By integrating a growing driver workforce with comprehensive welfare support, the Company contributes to socioeconomic development in India, providing meaningful employment and fostering community wellbeing across regions.

Ahlers Logistics has announced the appointment of Dave Van den Bos as its new Chief Executive Officer. With over two decades of global leadership experience in logistics and supply chain management, Van den Bos joins Ahlers to lead the Company into its next phase of international growth and transformation.

Van den Bos brings a strong track record in project logistics, a strategic priority for Ahlers. He previously held senior leadership roles at leading industry players including Halliburton, Panalpina, P&O Maritime Logistics, and most recently Blue Water Shipping, where he served as Regional Director EMEA and Global Head of Marine Logistics. Throughout his career, he has successfully led complex logistics operations and business transformations across Europe, the Middle East, and Asia.

Ahlers is present in over 15 countries in Europe, CIS and Asia, offering tailored logistics solutions to clients in the industry, energy, and consumer goods sectors. The Company is currently accelerating its international development strategy, supported by long-term family shareholders and a focus on high-value logistics services.

Toll Group has announced a new partnership with We Are Mobilise driving an employment pathways initiative in Australia.

“We Are Mobilise” is an organisation working to support Australians experiencing homelessness. Through this partnership, Toll has launched a new employment programme designed to create job opportunities for individuals within the Mobilise community, helping them build financial independence and work toward long-term stable housing.

The partnership will first focus on a pilot group before scaling this opportunity nationally. Toll Group has selected its first three candidates who have already commenced employment through Toll People and it is currently assisting another five. The goal is to achieve 30 new job placements by the end of the year.

Eva Leckaitė-Končanina has taken on the role of Director at TNDM Trucking, a company within the Girteka Group. Leckaitė-Končanina has been connected with Girteka for over a decade. She first joined the Company in 2010, leading the sales department and later overseeing the entire sales business, during which the Company generated over €200.0 million in revenue.

In 2016, she initiated and co-founded TNDM Trucking, a company dedicated to providing tailored transport services. Within its first two years, the Company achieved €30.0 million in sales.

Most recently, she gained additional international experience as CEO of the transport company JCargo and has now returned to Girteka. She brings back even broader international experience and strong motivation to grow the Company.

Leckaitė-Končanina succeeds Andrius Ivašauskas, who previously headed the Company. As of 01 September, he will continue his career within the group as Director of Owned Fleet Operations at Girteka Logistics, where he will oversee Transport Management and Planning, as well as Intermodal Operations.

Americold Realty Trust, Inc. announced the Company’s Board of Directors has unanimously appointed Robert S. Chambers as Chief Executive Officer and a member of the Board of Directors of Americold, effective 01 September 2025. Mr. Chambers’ appointment follows George Chappelle’s decision to retire from the Company and Board following a distinguished four-decade career.

Mr. Chambers has extensive leadership experience in warehouse and supply chain management, as well as considerable financial and operational expertise. He currently serves as Americold’s President, overseeing the Company’s global operations including, commercial strategy, sales, engineering, development, information technology, customer experience, and supply chain innovation.

Throughout his 12-year career with Americold, he has played a key role in shaping the Company’s commercial business practices and corporate strategy across a variety of end-market conditions. Prior to Mr. Chambers’ current role, he served as President, Americas; Executive Vice President and Chief Commercial Officer; and Vice President of Commercial Finance.

Beyond his experience with Americold, Mr. Chambers has a broad background in supply chain and logistics, including serving as Chief Financial Officer of Saia Inc., a publicly listed transportation and logistics company, as well as leadership roles at CEVA Logistics. Earlier in his career, Mr. Chambers worked for KPMG and is a licensed CPA and Chartered Global Management Accountant.

Americold reaffirmed its full-year 2025 financial outlook as communicated on 07 August 2025, when it reported second quarter 2025 results and remains focused on disciplined execution, operational excellence, and long-term value creation.