Japan Post has reported consolidated financial results for the three months ended 30 June 2025, its Q1 period. Japan Post has reported ordinary income was ¥2,810.2 billion, an increase of ¥74.3 billion year-on-year. Net ordinary income was ¥225.1 billion, an increase of ¥13.7 billion year-on-year. Net income attributable to Japan Post Holdings was ¥67.7 billion, a decrease of ¥7.0 billion year-on-year.

The Postal and Domestic Logistics Business unit reported operating income of ¥570.9 billion, an increase of 19.4%. Net operating income reached ¥0.4 billion, from a loss of ¥36.4 billion in Q1, 2024. The volume of items handled decreased by 4.5% year on year due to a decrease in mail and Yu-Mail, despite an increase in Yu-Packand Yu-Packet. Operating income increased by ¥92.6 billion, mainly due the revision of postal rates and the inclusion of JP Tonami Group as a consolidated subsidiary. Net operating income improved by ¥36.9 billion due to an increase of ¥55.6 billion in operating expenses, primarily personnel expenses and collection, transport and delivery outsourcing expenses.

The International Logistics Business unit reported operating income of ¥109.2 billion, a decrease of 12.4%. Net operating income (EBIT) reached ¥0.4 billion, down 55.6% from Q1, 2024. Operating income (revenue) decreased by ¥15.5 billion, mainly due to a decrease in the volume handled by the Global Forwarding business and the Global Logistics business.

bpostgroup has reported Q2, 2025 Group operating income at €1,092.3 million, +10.5% or +€104.1 million compared to last year (Staci contribution of €195.3 million). Group adjusted EBIT was €58.3 million with a margin of 5.3% (Staci contribution of €20.6 million). Group reported EBIT was €48.2 million.

> BeNe Last-Mile:
Total operating income at €558.9 million, a decrease of 6.2% or €37.0 million
Lower Press revenues (-€22.4 million).
Lower mail revenues (excluding Press) -€19.8 million reflecting volume decline of -12.4% and +4.1 % of price mix impact.
Higher parcels revenues (+€3.9 million) reflecting +4.1% volume growth and -1.0% price/mix.
Slightly lower OPEX mainly driven by lower FTE’s offsetting salary indexations.
Adjusted EBIT at €22.3 million (4.0% margin) and reported EBIT at €21.6 million.

> 3PL:
Total operating income at €405.1 million, an increase of +53.9% or +€141.8 million driven by the integration of Staci (€195.3 million), continued expansion at Radial Europe and Active Ants (+13.0%), partially offset by lower revenues at Radial North America due to client churn.
Higher opex from Staci consolidation, offsetting reduced opex from lower US volumes and continued productivity gains
Adjusted EBIT at €20.8 million (5.1 % margin) and reported EBIT at €11.6 million.

> Global Cross-border:
Total operating income at €151.2 million, a slight increase of +0.7% or +€1.1 million driven by a solid momentum in Asian volumes with all key destinations, including Belgium partly offset by lower revenues at Landmark US.
Opex decrease in line with lower volume driven transport costs.
Adjusted EBIT at €23.0 million (15.2% margin) and reported EBIT at €22.8 million (15.1% margin).

bpostgroup confirmed that its transformation plan is gaining momentum. With a launch as recent as March this year, Radial US signed already 12 Fast Track-customers, with many more in the pipeline. Staci’s contribution to the Company’s 3PL business growth in Europe confirms the relevance of this recent acquisition for its future. In Belgium, several successful B2B pilots are now ready to be scaled up, while the efficiency programme in last-mile activity is fully on track.

Year-to-date group results and adjusted group EBIT of €99.9 million are broadly in line with expectations and track towards the full-year group EBIT guidance. H2, 2025 operating income increased 11.6% to €2,211.3 million.

The EBIT guidance of €150–180.0 million, initially introduced in February 2025 and maintained in May at the Q1 results with a “reduced exposure to the lower end of the range” is reaffirmed. bpostgroup now expects to reach the high end of the range, notably supported by the following elements:

> Radial US real estate management enabling better coverage of fixed lease costs as from July
> Resumption of Bene Last Mile reorganisations after the April strikes, allowing catch-up on annual plan and enabling FTE reduction

Continued vigilance is nonetheless warranted regarding the potential impacts of evolving trade tariffs and policies, driving macroeconomic uncertainty and limiting visibility, notably on year-end peak season.

Maersk achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching US$845.0 million. While down sequentially, Maersk results were in line with the previous year despite significant geopolitical uncertainty and continued rate pressure. The performance was driven by continued strong results in Terminals, volume growth in Ocean and increased profitability in Logistics & Services and further supported by continued operational improvements and ongoing cost discipline in all business segments.

The Company had a strong first half of the year, driven by consistent follow through on its operational improvement plans and the successful launch of the Gemini Cooperation. The new East-West network has been a key driver of increased volumes and solid delivery of the Ocean business. Even with market volatility and historical uncertainty in global trade, demand remained resilient.

Ocean delivered good results in a quarter marked by significant volatility in demand and rates. Volumes grew 4.2% compared to the same quarter last year, mainly driven by exports out of Asia, with freight rates picking up in the quarter, while still being under pressure both sequentially and compared to previous year. The Gemini Cooperation was successfully phased in fully in June with reliability scores above the 90.0% target in its first few months of operation.

Logistics & Services continued to focus on operational efficiency and delivering sustainable profitability improvement. EBIT increased by 39.0% to US$175.0 million and EBIT margin was 4.8%, up from 3.5% in the same quarter last year. The margin growth was driven by strong cost discipline and increased productivity.

It was another strong quarter in Terminals with record-high volumes and revenue. Volumes increased 9.9% and were supported by the successful phase-in of the Gemini cooperation adding more Maersk Ocean volumes to the Terminals business. EBIT increased by 31.0% to US$461.0 million driven primarily by strong operational and joint venture performance. ROIC increased to 15.4%, up from 12.2% in the same quarter last year.

Maersk’s Q2 results continued to improve year-on-year with consolidated revenue of US$13.1 billion (US$12.8 billion) and EBITDA of US$2.3 billion (US$2.1 billion), while EBIT declined to US$845.0 million (US$963.0 million). The EBIT decrease, with an EBIT margin of 6.4% (7.5%), was mainly driven by Ocean which experienced a decrease of US$241.0 million, mainly due to lower gains on sale of assets and higher depreciation linked to capacity increases. Consequently, underlying EBIT increased by US$62.0 million and the underlying EBIT margin was 6.2% (5.9%). The Ocean EBIT decline was partly offset by the Terminals EBIT increase by US$108.0 million to US$461.0 million (US$353.0 million), supported by top line growth and strong results from joint ventures and associated companies. Logistics & Services’ EBIT increased by US$49.0 million to US$175.0 million (US$126.0 million), mainly driven by stronger profitability in Fulfilled by Maersk due to business refocusing efforts, resulting in an EBIT margin of 4.8% (3.5%).

Ocean’s profitability is a result of solid volume growth of 4.2% and higher revenue from demurrage and detention, reflected in the higher revenue year-on-year of US$8.6 billion (US$8.4 billion) and an increased EBITDA by US$36.0 million or 2.6%. Performance was affected by the continued pressure on loaded freight rates, as expected, and higher container handling costs as a result of higher volumes, resulting in an EBIT margin of 2.7% (5.6%). Sequentially, EBIT decreased by US$514.0 million from US$743.0 million in Q1 2025, and the EBIT margin decreased by 5.6 percentage points from 8.3% in Q1, 2025. Compared to the same period last year, the average freight rate decreased by 9.6% across most trades. The average loaded freight rate decreased to 2,259 US$/FFE (2,499 US$/FFE) across most trades and by 6.9% compared to Q1 2025 (2,427 US$/FFE), following the ongoing and expected market pressure on rates. The increased volumes led to higher operating costs, which were partly offset by 16.0% lower bunker price and the continued optimisation of bunker consumption, which was reduced by 4.7%, despite the higher volumes.

Logistics & Services continued to progress in Q2 and reported revenue growth sequentially and year-on-year of 5.2% and 1.0%, respectively. The EBIT margin improved by 1.3 percentage points year-on-year and reached 4.8% (3.5%), driven by operational improvements and the continuation of overall cost control. Sequentially, EBIT increased by 23.0%, and the EBIT margin increased by 0.7 percentage points.

Managed by Maersk’s revenue increased by 6.3% or US$31.0 million to US$522.0 million (US$491.0 million), driven by Lead Logistics through upselling value-added services. Supply Chain Management volumes decreased by 8.8% to 26,061,000 CBM (28,582,000 CBM), but were offset by higher rates. Revenue decreased by 5.6% compared to Q1 2025. Fulfilled by Maersk’s revenue decreased by 1.7% or US$24.0 million to US$1.4 billion (US$1.4 billion). The profitability refocusing efforts in Middle Mile and Last Mile in North America are progressing, and Warehousing & E-Fulfilment maintained the momentum year-on-year as a result of new customer wins in 2024, benefitting 2025. Sequentially, revenue increased by 4.8%, primarily driven by Middle Mile improvements. Transported by Maersk’s revenue increased by 1.7% or US$29.0 million to US$1.8 billion (US$1.7 billion), mainly driven by First Mile, supported by higher volumes by 1.7% of 1,701,000 FFE (1,672,000 FFE). Compared to Q1 2025, First Mile volumes increased by 5.9%. Air revenue declined year-on-year due to uncertainties from the macro-environment and the refocusing efforts to improve operational efficiency and margins. Air freight volumes declined by 12.0% to 74,000 tonnes (84,000 tonnes). Revenue improved by 9.2% compared to Q1 2025. Gross profit improved by 9.6% or US$104.0 million to US$1.2 billion (US$1.1 billion), resulting in a strong gross profit margin of 32.5% (30.0%) with increases across all service models. Gross profit also increased sequentially by 6.4% or US$72.0 million compared to Q1 2025.

Terminals contributed with a high top line and EBITDA, with revenue increasing by 20.0% to US$1.3 billion (US$1.1 billion), with strong volume growth supported by the Gemini cooperation, improved tariffs and higher storage revenue. As a result, the EBIT margin improved by 2.9 percentage points to 35.3% (32.4%) and ROIC (LTM) increased to 15.4% (12.2%). Sequentially, EBIT increased by 17.0% due to the higher revenue, and the EBIT margin improved by 3.3 percentage points.

For the H1, 2025 period, Maersk reported that revenue increased by US$1.3 billion to US$26.5 billion (US$25.1 billion), driven by all segments, with an increase of US$1.1 billion in Ocean, US$20.0 million in Logistics & Services and US$450.0 million in Terminals. Revenue in Ocean was positively impacted by higher loaded freight rates in Q4 2024 benefitting 2025 and a 2.2% increase in loaded volumes, although this was partly offset by a 3.9% decrease in loaded freight rates. Revenue in Logistics & Services increased, driven by Managed by Maersk and Transported by Maersk, partly offset by decreases in Last Mile and Middle Mile in Fulfilled by Maersk due to business refocusing efforts in 2025. The increased revenue in Terminals was driven by higher volume, tariffs and storage revenue. EBITDA also rose by US$1.3 billion to US$5.0 billion (US$3.7 billion), driven by improvements across all segments. Ocean’s EBITDA increased by US$983.0 million due to higher revenue, partly offset by higher network costs excluding bunker and higher container handling costs. Logistics & Services’ EBITDA increased by US$188.0 million with contributions from all service models and primarily from Fulfilled by Maersk. Terminals’ EBITDA improved by US$146.0 million due to increased revenue, partly offset by higher variable costs. EBIT increased by US$958.0 million to US$2.1 billion (US$1.1 billion), driven by the increased EBITDA partly offset by higher depreciation. The EBIT margin increased to 7.9% (4.5%).

Given the more resilient market demand outside of North America, Maersk raised its full-year 2025 financial guidance. The expected global container market volume growth has been revised to between 2.0% and 4.0% (previously between -1.0% and 4.0%). At this time, disruption in the Red Sea is still expected to last for the full year.

Aramex announced its financial results for the second quarter (Q2) and first half (H1) ending 30 June 2025. Aramex continues to observe a significant shift in shipment flows, as brands place greater emphasis on proximity to their end consumers, which results in activity transitioning from extended international routes to more regional and domestic channels. Its volume performance for the first half year reflects these nearshoring trends, with domestic, logistics and freight business capturing the volume outflows from its international express business.

Group Revenues were relatively stable at AED3.06 billion, up 1.0% YoY in H1 2025. Aramex reported double digit growth in local solutions with Domestic revenues up 13.0% YoY and Logistics revenues up 22.0% YoY in H1 2025; Freight Forwarding posted a solid revenue increase of 8.0% YoY in H1 2025, while International Express declined 15.0% YoY in H1 2025.

As expected, the high-margin International Express business has a lower contribution to Group revenues and profits in H1 2025, leading to a change in the Group product mix and profitability profile. Therefore, the AED83.0 million decline in International Express gross profitability in H1 2025 offset the growth in gross profitability from Domestic Express (AED8.0 million), Freight Forwarding (AED9.0 million) and Logistics (AED22.0 million).

Domestic Express and Logistics segments delivered robust growth (Domestic Express revenues up 12.0% in Q2 and 13.0% in H1; Logistics up 23.0% in Q2 and 22.0% in H1), reflecting increasing demand for regional and local solutions. Simultaneously, International Express revenues fell 16.0% in Q2 and 15.0% in H1 as shipment flows shifted from extended international to more regional and domestic channels in line with nearshoring trends. Freight Forwarding revenues were up 7.0% in Q2 and 8.0% in H1, buoyed by strong gains in air, sea, and land freight volumes. Growth in volumes was delivered despite a challenging market environment with pressure on oil prices impacting activity in the energy sector; geopolitical tensions with airspace closure, and an extended holiday period with two Eid holidays during Q2 2025 reducing the number of working days.

Gross Profit for H1 2025 was AED694.0 million, with a corresponding margin of 23.0%, down from 24.0% in the same period last year. In Q2 2025, the Gross Profit Margin stood at 22.0%, reflecting a consistent trend across the half. The margin decline reflects ongoing changes in product mix, elevated direct costs due to increased capacity in key growth markets, and persistent market pricing pressures as well as broader inflationary trends.

The Company’s profitability profile has adapted in line with the change in product mix, resulting in a recalibration of the Group Margin profile to 23.0% Gross Profit Margin, and a 6.0% decline in Gross Profit YoY in H1 2025 to AED694.0 million and a significant contraction in the bottom line. In addition, one-off expenses of AED26.0 million incurred during H1 2025, associated with the Q Logistics acquisition costs, the regional restructuring, and the transformation programme, have further impacted EBIT and Net Profit performance. Excluding these one-offs, normalised EBIT was AED95.0 million and normalised Net Income was AED33.0 million in H1 2025, representing a significant decline in profitability of 32.0% and 34.0%, respectively.

Express volumes grew 3.0% Y-o-Y in both H1 and Q2 2025, reaching 68.0 million and 33.0 million shipments respectively. This growth was driven entirely by Domestic Express, which added 3.0 million shipments in Q2, while international express saw outflows of 1.0 million shipments during the quarter. Similar trends were observed for the half-year period. Express revenues reached AED1.91 billion in H1 2025, down 4.0% Y-o-Y, with Q2 revenues at AED916.0 million, a 5.0% decline. Gross profit for the Express product in H1 2025 stood at AED508.0 million, with gross margin of 27.0%. Profitability was impacted by a lower share of long-haul shipments and an increase in costs associated with 1) management of higher volumes in domestic express; and 2) a growth in variable costs attributed to extra staffing to support fixed capacity during the extended holiday period.

Freight Forwarding delivered revenues of AED871.0 million for the first half of the year and AED438.0 million in Q2 2025, representing a solid growth of 8.0% and 7.0% YoY respectively. The segment benefitted from robust volume growth across all modes, despite ongoing geopolitical tensions in the region which affected cross-border movements in Land Freight and Air Freight. For the H1 period, Air Freight rose 8.0%, Sea Freight (FCL) by 13.0%, Sea Freight (LCL) by 35.0%, and Land Freight (LTL) by 22.0%. Q2 trends reinforced this growth trajectory, highlighting Aramex’s ability to serve diversified trade flows across industries and geographies. This was supported by a record setting operational highlight in Q2 2025, with Aramex freight handling the biggest charter movement in its history, on the US / ME and Dubai / ME trade lanes. Gross Profit for the segment reached AED117.0 million in H1 and AED57.0 million in Q2, both periods maintaining a steady margin of 13.0%. Operational efficiency, disciplined pricing, and network optimisation helped offset inflation and competitive pressure. However, uncertainty remains, with US tariffs leading to volatility in key trade lanes, and the drop in oil prices impacting shipping activity.

The Logistics and Supply Chain Solutions segment posted revenue growth of 22.0% and 23.0% in H1 and Q2 2025 respectively, reflecting robust demand for warehousing and fulfilment services. Aramex continued to operate at near full warehouse capacity throughout the half-year, driven by the nearshoring trend and onboarding of new client contracts. Gross Profit surged by 75.0% year-on-year in H1 to AED50.0 million, while Q2 Gross Profit more than doubled to AED27.0 million, driven by the change in revenue quality and improvement in revenue per square meters across key facilities. Gross Profit Margin significantly improved to 21.0% in Q2 2025, underscoring the segment’s growing contribution to Group profitability. Gross Profit Margin was 19.0% for H1 2025 period.

The Company’s transformation programme, launched in Q1 as part of the Accelerate28 strategy, is in its early stages and progressing well. With a new four-region structure and value capture initiatives underway, the Company is focused on protecting its bottom line while continuing investment in strategic areas in response to the evolving industry landscape.

On 25 July 2025, the Company announced that it is a subsidiary of ADQ, following the completion of regulatory approvals for ADQ’s successful acquisition of 63.0% of Aramex shares, which are held through Q Logistics and Abu Dhabi Ports. This partnership affirms the value Aramex has created so far, and opens new doors for innovation, scale and growth.

Americold Realty Trust, Inc. has announced financial and operating results for the second quarter ended 30 June 2025. During Q2, the Company made strong progress on its four key operational priorities and won new business, while continuing to manage the business tightly. As a result, the first half of the year has largely been in-line with expectations, demonstrating the resilience and breadth of its various operating levers.

Americold continue to position the Company for future growth. Specifically, it launched three innovative and demand-driven projects during the second quarter – a development in Kansas City in partnership with CPKC, expansion in Allentown, and finally a state-of-the-art flagship build with DP World in the Port of Jebel Ali in Dubai. All three of these facilities are seeing strong customer demand.

Looking to the second half of the year, Americold expect the challenging demand environment to continue, with occupancy and throughput levels remaining below typical seasonality trends. As a result of these headwinds, it is adjusting its AFFO/share guidance range to US$1.39 - US$1.45. The Company remain focused on controlling what it can control, including lowering costs, improving efficiencies and capturing new business opportunities. Longer term, cold storage remains a mission-critical asset, and Americold believe that the breadth and magnitude of its network, in combination with a history of operational excellence positions it to maximise growth as industry volumes improve.

Second Quarter 2025 saw total revenues of US$650.7 million, a 1.5% decrease from US$661.0 million in Q2, 2024 and a decrease of 1.5% on a constant currency basis. Net income of US$1.6 million, or US$0.01 per diluted share, compared to a net loss of US$0.23 per diluted share in Q2 2024. Total revenues fell primarily due to lower volumes in the warehouse segment and a decrease in transportation services revenue.

Global Warehouse segment same store revenues decreased 1.5% on an actual and constant currency basis as compared to Q2 2024. Global Warehouse same store services margin increased to 13.3% from 12.4% in Q2 2024. Global Warehouse segment same store NOI decreased 4.2% on an actual and constant currency basis, as compared to Q2 2024. Core EBITDA of US$159.1 million, decreased US$6.4 million, or 3.9% (3.8% on a constant currency basis) from US$165.5 million in Q2 2024. Core EBITDA margin of 24.4%, decreased from 25.0% in Q2 2024.

Core EBITDA was US$159.1 million for the second quarter of 2025, compared to US$165.5 million for the comparable quarter of the prior year. This decrease (3.9% on an actual basis and 3.8% on a constant currency basis) was primarily driven by lower volumes in the warehouse segment and an increase in Selling, general, and administrative costs, primarily due to increased costs associated with the go-live of Project Orion in North America and Asia Pacific.

For Q2, 2025, Global Warehouse segment revenues were US$594.1 million, a decrease of US$6.3 million, or 1.1% (1.0% decrease on a constant currency basis), compared to US$600.4 million for Q2, 2024. This decrease was principally driven by lower volumes and throughput pallets due to a competitive environment, the lapping of a counter cyclical inventory build in the prior year, changes in consumer buying habits, and the related change in food production levels, partially offset by annual rate increases in the normal course of operations.

Global Warehouse segment contribution (NOI) was US$201.0 million for Q2, 2025 as compared to US$204.5 million for Q2, 2024, a decrease of US$3.5 million, or a decrease of 1.7% on an actual and constant currency basis. Global Warehouse segment contribution (NOI) decreased primarily due to the factors noted above. Global Warehouse segment margin was 33.8% for Q2, 2025, a 30 basis point decrease compared to Q2, 2024, driven by lower volumes.

As of 30 June 2025, US$617.4 million of the Company’s annualised rent and storage revenues were derived from customers with fixed commitment rent and storage contracts compared to US$629.3 million at the end of Q1, 2025 and US$618.0 million at the end of Q2, 2024. On a combined basis, 59.7% of rent and storage revenues were generated from fixed commitment storage contracts or leases. On a combined basis, 61.4% of total warehouse segment revenues were generated from customers with fixed committed contracts or leases.

Fixed commitments storage contracts are designed to ensure the Company’s customers have space available when needed. For Q2, 2025, economic occupancy for the total warehouse segment was 73.8% and the warehouse segment same store pool was 75.5%, representing a 1,100 and 1,110 basis point increase above physical occupancy, respectively. Economic occupancy for the total warehouse segment decreased 430 basis points, and the warehouse segment same store pool decreased 410 basis points as compared to Q2, 2024. This was primarily due to lower overall volumes due to a competitive environment, the lapping of a counter cyclical inventory build in the prior year, changes in consumer buying habits, and the related change in food production levels which are primarily caused by growing consumer conservatism amid ongoing regulatory shifts.

As of 30 June 2025, the Company’s portfolio consists of 237 facilities. The Company ended Q2, 2025 with 234 facilities in its Global Warehouse segment portfolio and three facilities in its Third-party managed segment. The same store population consists of 223 facilities for the quarter ended 30 June 2025. As of 30 June 2025, the non-same store facility count consists of: six facilities where the executive leadership team has approved exits in the current year (four of which are leased facilities and two of which are owned facilities and the Company is in pursuit to sell), four sites in the recently completed expansion and development phase and one facility purchased in 2025. As of 30 June 2025, there are four sites in the development and expansion phase.

As of 30 June 2025, the Company had total liquidity of approximately US$937.0 million, including cash and available capacity on its revolving credit facility. Total net debt outstanding was approximately US$3.9 billion (inclusive of approximately US$193.2 million of financing leases/sale lease-backs and exclusive of unamortised deferred financing fees), of which 95.2% was in an unsecured structure. At quarter end, net debt to pro forma Core EBITDA (based on trailing twelve months Core EBITDA) was approximately 6.3x. The Company’s unsecured debt has a remaining weighted average term of 4.9 years, inclusive of extensions that the Company is expected to utilise, and carries a weighted average contractual interest rate of 4.0%. As of 30 June 2025, approximately 92.7% of the Company’s total debt outstanding was at a fixed rate, inclusive of hedged variable-rate for fixed-rate debt.

RXO reported its Q2, 2025, financial results. RXO’s revenue was US$1.4 billion for Q2, compared to US$930.0 million in Q2, 2024. Gross margin was 17.8%, compared to 19.0% in Q2, 2024. The Company reported a Q2, 2025 GAAP net loss of US$9.0 million, compared to a net loss of US$7.0 million in Q2, 2024. The second-quarter 2025 GAAP net loss included US$10.0 million in transaction, integration, restructuring and other costs. Adjusted net income in the quarter was US$7.0 million, compared to adjusted net income of US$4.0 million in Q2, 2024. Adjusted EBITDA was US$38.0 million, compared to US$28.0 million in Q2, 2024. Adjusted EBITDA margin was 2.7%, compared to 3.0% in Q2, 2024.

RXO executed well in Q2 despite the prolonged soft freight market. The Brokerage business outperformed the market, growing volume by 1.0% year-over-year driven by 45.0% growth in less-than-truckload volume. RXO is seeing early benefits from its newly combined carrier and coverage operations, and it delivered Brokerage gross margin of 14.4% in the quarter. Last Mile continued its impressive run of year-over-year growth, achieving 17.0% stop growth, the fourth consecutive quarter of double-digit growth. Cash performance in the quarter was strong, and RXO increased its cash balance sequentially from the first quarter.

Volume in RXO’s Brokerage business, including the impact of the Coyote Logistics acquisition in both periods, increased by 1.0% year over year in the second quarter. Less-than-truckload volume increased by 45.0% but was partially offset by a 12.0% decline in full truckload volume. Brokerage gross margin was 14.4% in Q2. Managed Transportation again increased the synergy loads provided to Brokerage. Last Mile stops grew by 17.0% year-over-year. RXO’s complementary services gross margin was 22.8% for the quarter.

Looking ahead, RXO is focused on growing profitably and realising the benefits of increased scale. That scale, combined with cutting-edge technology, is driving productivity improvements. RXO expects Q3, 2025 adjusted EBITDA to be between US$33.0 million and US$43.0 million. In Brokerage, the Company expects overall volume growth to be approximately flat year-over-year and gross margin to be between 13.5% and 15.0% in Q3.

FirstMile, ACI Logistix and Sendle jointly announced the strategic merger of the three entities, to operate under the unified vision and leadership of FAST Group. The merger, backed by investment from Federation Asset Management, brings together the unique strengths and complementary capabilities of three leaders in the logistics industry, to form a powerful new group to meet the modern shipping needs of businesses of all sizes.

Headquartered in California, with teams across the US, Australia, Canada, India and the Philippines, FAST Group will leverage the combined knowledge, technology, infrastructure, and operational excellence of FirstMile, ACI Logistix and Sendle. The carriers will continue to operate under their established brands, all while functioning as a single, integrated and expanded logistics ecosystem.

FAST Group will serve the full spectrum of eCommerce shipping, supporting businesses from burgeoning direct-to-consumer brands to international enterprises as they grow in maturity and complexity. Each brand brings unique capabilities and customer segments that complement one another and will provide greater opportunity for customers and expanded delivery for partners:

> FirstMile, a mid-market business specialist, will scale its national parcel pickup infrastructure across the integrated group, broadening reach and improving service for all. FirstMile customers will benefit from ACI Logistix’s enterprise-grade logistics capabilities and Sendle’s powerful support and platform integrations.

> ACI Logistix, a pioneer in US national logistics, enhances the group with its enterprise-grade infrastructure, automation and sortation facilities, and diverse delivery capabilities. ACI Logistix customers, in turn, gain from FirstMile’s specialised pickup network and Sendle’s premium support and marketplace integrations.

> Sendle, a disruptor in parcel delivery for small businesses across the US, Australia and Canada, brings international scale, leading technology platforms, and premium customer support to the group. Sendle customers will now have access to FirstMile’s specialised pickup infrastructure and ACI Logistix’s comprehensive enterprise network.

Customers of each brand will benefit from the capabilities and broader support from the group, while maintaining the same relationship with the brand they know and work with best. Together, with FAST Group’s many partnerships, the three companies form a highly adaptable logistics ecosystem where shippers of all sizes can take advantage of the broad range of solutions and partnerships that FAST Group has to offer.

ACI Logistix CEO Keith Somers will oversee the FAST Group as CEO, while the Board will be made up of representatives from all three companies. ACI Logistix, FirstMile and Sendle will continue to operate as they are now, under the same leadership team, while exploring cross-company initiatives.

This strategic merger, backed by Federation Asset Management, will bring added benefits for customers across all segments - SMB, mid-market and enterprise - through improved first mile pick-ups, faster and complete national distribution and integrated customer support. It also presents exciting opportunities for partners, including other carriers and technology providers, as the new company looks to deliver more services, more innovation and more national impact.

For ACI Logistix, Critical Point and Corestrat LLC are acting as financial advisors, while Greenberg Glusker is acting as its legal counsel. For Sendle, Kroll is acting as financial advisors, while Cooley is acting as its legal counsel.

Lineage, Inc. has announced its financial results for Q2, 2025. The Company delivered second-quarter results in line with its expectations. Total revenue increased 0.9% to US$1,350.0 million, as the Company reported a GAAP net loss of US$7.0 million. Adjusted EBITDA decreased 2.4% to US$326.0 million.

Global Warehousing Segment:
> Total segment revenue slightly increased by 0.4% (H1, 2025 revenues fell 1.1%)
> Same WH NOI down 6.0%
> Physical occupancy declined (230bps) against elevated inventory levels from H1, 2024
> Cost of operations decreased 1.0% primarily driven by labour productivity initiatives

Global Integrated Solutions Segment:
> Total segment revenue increased 2.2% (H1, 2025 revenues fell 0.4%)
> Strong growth led by US transport and direct-to consumer businesses
> Signed agreement to divest asset-based Spanish transportation business
> Expect double-digit NOI growth in H2, 2025

High food prices and tariff uncertainty are impacting customer inventories which resulted in occupancy falling at its facilities during Q2. Lineage saw muted seasonal inventory levels late in the second quarter and early into the third and is therefore lowering its outlook for the year.

While the Company expect continued sequential improvement in both same warehouse and total NOI in the second half, it is taking a more measured view of the balance of the year. It has seen some seasonal improvement in demand in recent weeks, but this has been later and at a more gradual pace than recent years. Its focus remains on revenue growth, optimising labour productivity, and controlling the controllables, setting the stage for strong operating leverage when the industry rebounds.

The Company's guidance excludes the impact of unannounced future acquisitions or developments. Lineage now expects full-year 2025 adjusted EBITDA of US$1.29 to US$1.34 billion (versus prior guidance of US$1.35 to US$1.40 billion). The Company expects Q3, 2025 adjusted EBITDA of US$326.0 million to US$336.0 million.

DHL Group closed Q2, 2025 with earnings growth, despite a volatile global environment. Revenue decreased by 3.9% compared to the previous year to €19.8 billion, primarily due to the impact of exchange rate effects and slower momentum in trade volumes, while profitability improved. Operating profit was up 5.7% to €1.4 billion, supported by cost improvements and yield management. The EBIT margin improved by 0.7 percentage points to 7.2%.

For the H1, 2025 period, Group revenue declined 0.6% to €40,634.0 million, as EBIT increased 5.1% to €2,799.0 million.

In Q2, trade conflicts and geopolitical tensions increased, impacting global economic dynamics. DHL anticipate continued volatility in the global economy in the second half of the year. Its focus on efficiency improvements and growth markets is paying off in this situation. The Company’s diversified portfolio provides stability. It has adjusted its capacities to the volume development and achieved structural cost improvements. This combination has significantly contributed to earnings growth. It is also working to further improve efficiency and leverage growth opportunities in the current environment.

In Q2, 2025, DHL Group's gross capital expenditure (capex owned assets) amounted to €608.0 million, 4.0% below previous year's levels. DHL Group continues to maintain tight capex control and is adjusting investments to the current economic environment. At the same time, the Group is investing organically and inorganically in growth markets and productivity improvements as part of its Strategy 2030. In Q2, DHL Group announced several investment programmes, acquisitions, and partnerships, including investments in the Middle East of more than €500.0 million between 2024 and 2030, with a focus on the rapidly growing Gulf markets of Saudi Arabia and the United Arab Emirates.

The Group is also expanding its capabilities in pharma logistics: In the second quarter, DHL Group completed the acquisition of CRYOPDP, a provider of courier services for clinical trials, biopharma, and cell and gene therapies. DHL Supply Chain will take advantage of the expertise of the newly acquired specialist provider and the global air freight services of DHL Express and DHL Global Forwarding to expand its pharma-specialised network and maximise its potential. Additionally, the expansion of the DHL Health Logistics Campus in Florstadt (near Frankfurt) will create the central DHL pharma hub in Europe.

With the acquisition of IDS Fulfillment in the US and the strategic partnership with Evri in the UK, DHL Group is further expanding its capabilities in the structurally growing eCommerce business.

As part of the Group-wide ‘Fit for Growth’ programme, DHL Group is working to improve its cost structure in combination with regular capacity adjustments. For example, DHL Express further reduced costs in its air freight network and costs for pick-up and delivery in Q2.

Free cash flow (excluding M&A) decreased by 8.5% compared to the previous year's period but remained at a high level of €329.0 million. Looking at the first half of the year, free cash flow (excluding M&A) grew by 7.9% year-on-year to €1.1 billion. Overall, DHL Group generated consolidated net profit after non-controlling interests of €815.0 million in Q2, 2025 - an increase of 9.6% compared to the previous year's period.

Express: earnings growth despite volume decline
DHL Express experienced a decline in time-definite international shipments (TDI) as expected. Through effective capacity management, structural cost improvements, and price discipline, the division managed to increase operating profit despite the revenue decline and further improved its EBIT margin. Revenue declined 5.7% in Q2, 2025 to €5,868.0 million, as EBIT increased 6.9% to €730.0 million. The EBIT margin increased to 12.4%. H1, 2025 revenue decreased 1.9% to €11,995.0 million, as EBIT increased 5.9% to €1,393.0 million.

Global Forwarding, Freight: volatile volume development
DHL Global Forwarding, Freight faced volatile volume and freight rate developments due to trade conflicts. While air freight volumes slightly increased compared to the previous year's quarter, sea freight volumes declined. Revenue and earnings were also affected by the economic weakness in the German and European road freight business. Revenue declined 5.3% in Q2, 2025 to €4,620.0 million, as EBIT decreased 29.7% to €196.0 million. The EBIT margin decreased to 4.3%. H1, 2025 revenue decreased 1.2% to €9,384.0 million, as EBIT decreased 26.6% to €398.0 million.

Supply Chain: sustained earnings growth
DHL Supply Chain further improved its operating result in the second quarter. The reported figures include a positive net one-off effect of €54.0 million mainly from the first-time full consolidation of the ASMO joint venture in Saudi Arabia. Even without one-off effects, the division managed to increase operating profit and EBIT margin. Profitable growth is supported by ongoing digitalisation and automation. Revenue declined 3.9% in Q2, 2025 to €4,183.0 million, as EBIT increased 24.4% to €348.0 million. The EBIT margin increased to 8.3%. H1, 2025 revenue decreased 1.4% to €8,563.0 million, as EBIT increased 15.0% to €615.0 million.

eCommerce: structural growth trend intact, slower volume growth due to economic conditions
DHL eCommerce experienced slower volume growth due to economic conditions in some markets. Operating profit declined partly because of continuous investments in network expansion. The structural eCommerce trend remains intact. Revenue declined 0.7% in Q2, 2025 to €1,656.0 million, as EBIT decreased 16.1% to €56.0 million. The EBIT margin decreased to 3.4%. H1, 2025 revenue increased 3.4% to €3,411.0 million, as EBIT decreased 12.9% to €109.0 million.

Post & Parcel Germany: yield management and cost improvements stabilise earnings
Despite slower growth dynamics in the parcel business due to economic conditions, a continued decline in mail volumes, and burdens from wage agreements, Post & Parcel Germany managed to further stabilise its operating result. The positive earnings development is attributable to the parcel business, yield management, and structural cost improvements. Revenue declined 0.2% in Q2, 2025 to €4,150.0 million, as EBIT increased 28.0% to €166.0 million. The EBIT margin increased to 4.0%. H1, 2025 revenue increased 1.8% to €8,578.0 million, as EBIT increased 37.9% to €447.0 million.

Looking ahead, guidance is unchanged. The Group continues to anticipate a subdued macroeconomic environment. The cost improvements are expected to positively contribute to earnings development. Based on these assumptions, the guidance for the 2025 financial year remains unchanged. The Group continues to expect an operating result of at least €6.0 billion and a free cash flow (excluding M&A) of around €3.0 billion. This outlook does not account for further potential escalation in tariff or trade policies as such developments could have substantial effects for DHL Group.

GXO Logistics, Inc. announced results for the second quarter 2025. The Company generated revenue of US$3.3 billion, up 16.0% year over year, producing its highest organic revenue growth in nine quarters, and delivered US$212.0 million in adjusted EBITDA, up 13.0% year over year. GXO signed US$307.0 million of new business wins, including with the likes of Akzo Nobel, Boeing, L’Oreal, Nestle, Pratt & Whitney and Thermo Fisher, bringing new business wins in the first half of the year to over half a billion dollars.

Q2, 2025 revenue increased to US$3.3 billion, up 16.0% year over year, compared with US$2.8 billion for Q2, 2024. Organic revenue grew by 6.0%. Net income was US$28.0 million, compared with US$39.0 million for Q2, 2024. Adjusted earnings before interest, taxes, depreciation and amortisation (adjusted EBITDA) was US$212.0 million, compared with US$187.0 million for Q2, 2024.

Of its year to date, 2025, contract wins, GXO reported that 26.0% of these had been won from competitors, 23.0% were due to outsourcing (sites previously in-house) and 51.0% was new activity, with sites set up to support customer growth. GXO noted that it is in the process of finalising a nearly-20-year expansion of its business with a top 15 US retailer. It will now operate with this customer in all three regions. It has also renewed and expanded with two of its top customers, including H&M, into multi-year agreements across multiple geographies. These long-term global partnerships speak volumes about the value GXO create for customers and its ability to solve complex challenges when they need it most.

GXO generated US$3.0 million of cash flow from operations, compared with US$115.0 million for Q2, 2024. In Q2, 2025, GXO used US$43.0 million of free cash flow, compared with US$31.0 million of free cash flow generated for Q2, 2024. GXO’s second quarter free cash flow reflects investment in working capital and the payment of a one-time regulatory matter recognised in Q1. As of 30 June 2025, cash and cash equivalents (excluding restricted cash), debt outstanding and net debt were US$205.0 million, US$2.7 billion and US$2.5 billion, respectively.

GXO received final regulatory approval of the Wincanton acquisition, which will unlock growth opportunities in the UK as well as in aerospace and industrial across Europe. It is kicking off the integration in the coming weeks and the GXO and Wincanton teams are already collaborating on a range of strategic tenders.

As seasoned supply chain leader Patrick Kelleher takes the helm of GXO as CEO later this month, looking ahead, given the better-than-expected performance in the first half of the year, the Company is again raising its full-year adjusted EBITDA guidance, following a guidance raise in June for organic revenue growth, adjusted EBITDA and adjusted diluted earnings per share.

The Company updated its guidance for the full year 2025 to include organic revenue growth of 3.5% to 6.5% and adjusted EBITDA of US$865.0 million to US$885.0 million.

Expeditors International of Washington, Inc. announced Q2 2025 financial results. Revenues increased 9.0% to US$2.7 billion, as operating income climbed 11.0% to US$248.0 million. Net earnings attributable to shareholders increased 5.0% to US$184.0 million. The Company saw air freight tonnage increase 7.0% and ocean container volumes increase 7.0%.

For the H1, 2025 period, revenues climbed 14.0% to US$5.3 billion and operating income grew 17.0% to US$513.6 million. Net earnings attributable to shareholders increased 12.0% to US$387.4 million.

Throughout its global network, the Company is seeing the positive impact of strategic initiatives to maximise operational excellence. Its focus on growth and execution puts it in a strong position to quickly adapt to the highly unpredictable environment, as it works with each of its regions and districts to increase efficiency and further optimise customer service to drive organic growth and boost profitability.

The Company continued to grow all of its businesses during another quarter in which on-and-off tariffs and geopolitical uncertainty prompted many customers to re-evaluate their supply chains in anticipation of higher tariffs. Average buy and sell rates, for both air and ocean, remained highly volatile. It once again processed a substantial increase in customs clearances requiring greater skill as they have become more complex, while also growing air tonnage and ocean volumes.

The air freight business increased growth in tonnage and higher rates in most regions, as capacity remained tight despite new government limits on de minimis shipments, and particularly as customers sought to ship technology and other high-value inventory ahead of trade deadlines.

The ocean business also grew largely on increased volumes, particularly exports out of South Asia, as customers relocated sourcing to that region and moved freight in advance of extended tariff deadlines. Ocean rates softened throughout the quarter, with demand unable to match increased ocean capacity.

The Company’s other businesses within the customs brokerage segment, including road freight and warehousing and distribution, also grew on strong volumes and new business, as it worked with a mix of current and new customers to navigate the unpredictable and changing state of global supply chains.

The Company continued to watch expenses closely during the quarter, increasing operating income by 11.0%. As many costs have increased, it has been careful to limit headcount growth only in support of additional business activity, and to make essential investments to further strengthen critical information systems.

The Company’s Q2 net earnings grew at a lower rate than operating income as the effective tax rate increased from 25.8% a year ago to 28.7% during the most recent quarter, driven by changes in foreign exchange rates and certain non-deductible expenses. The Company returned US$335.0 million to shareholders in common stock repurchases and dividends during Q2, 2025.

Looking ahead, Expeditors continue to expect the freight environment to remain unpredictable. Its resilience comes from the experience and expertise of its global network. Customers have become accustomed to this unsettled environment and have come to trust that it can help them navigate uncertainty. This has not come without enormous extra effort and diligence from employees over the past months.

Cryoport, Inc. announced financial results for its second quarter (Q2) and first half (H1) of 2025. It delivered strong, double-digit growth across all revenue streams within Life Sciences Services in the second quarter, increasing 21.0% year-over-year and accounting for 54.0% of total revenue from continuing operations. Notably, revenue from BioLogistics Solutions increased 20.0% and BioStorage/BioServices revenue rose 28.0%, underscoring the growing demand for the Company’s integrated platform.

BioStorage/BioServices revenue continued its strong growth trajectory year-over-year, increasing 28.0% in Q2 2025 as the Company continue to introduce capabilities to existing clients, add new clients into its global network, and as more commercial therapies progress in the number of patients treated.

Revenue from the support of commercial cell & gene therapies increased 33.0% year-over-year to US$8.7 million and included revenue from BioLogistics Solutions and accessories. As of 30 June 2025, the Company supported eighteen (18) commercial therapies.

As of 30 June 2025, Cryoport supported a total of 728 global clinical trials, a net increase of 44 clinical trials over 30 June 2024, with 82 of these clinical trials in Phase 3.

Life Sciences Services

> Continued plans to complete Global Supply Chain Centres in Paris, France and Santa Ana, California, with Paris expected to begin its launch in late 2025 and Santa Ana in the second half of 2026.
> CryoGene opened the first southeast regional automated sample storage centre in partnership with Texas Children's Hospital.
> Launched a Cryoshuttle service in Tokyo, Japan, supporting multiple commercial therapies.

Life Sciences Products

> MVE Biological Solutions launched its next generation SC 4/2V and SC 4/3V vapor shippers, offering improved safety and reliability for transporting and preserving sensitive biological materials at cryogenic temperatures.
> Recorded multiple sales of MVE's cryogenic storage system, the MVE High-Efficiency 800C, which was released earlier this year, meeting the needs of facilities that have limited space for cryostorage yet require high capacity and security.
> Deployed the highest number of MVE cryogenic dewars to the animal health industry since 2013.

On 11 June 2025, the Company completed its previously announced divestiture of its specialty courier CRYOPDP business to DHL Supply Chain International Holding B.V. ("DHL") and entered into a strategic partnership with DHL. The divestiture and strategic partnership are expected to enhance the Company's ability to develop its business, particularly in the EMEA and APAC regions, and to provide differentiated and high-value services aligned with Cryoport's long-term growth strategy.

Total revenue from continuing operations for Q2 2025 was US$45.5 million compared to US$39.7 million for Q2 2024, a year-over-year increase of 14.0% or US$5.7 million and up US$4.4 million or 11.0% sequentially. Life Sciences Services revenue for Q2 2025 (representing 54.0% of total revenue) was US$24.4 million compared to US$20.2 million for Q2 2024, up 21.0% year-over-year and 7.0% sequentially, including BioStorage/BioServices revenue of US$4.5 million, up 28.0% year-over-year and 4.0% sequentially. Life Sciences Products revenue for Q2 2025 (representing 46.0% of total revenue) was US$21.1 million compared to US$19.6 million for Q2 2024, up 8.0% year-over-year and 16.0% sequentially. Total revenue from continuing operations for H1 2025 was US$86.5 million compared to US$77.0 million for H1 2024. Life Sciences Services revenue for H1 2025 was US$47.2 million compared to US$39.6 million for H1 2024, including BioStorage/BioServices revenue of US$8.8 million for H1 2025 compared to US$7.1 million for H1 2024. Life Sciences Products revenue for H1 2025 was US$39.3 million compared to US$37.4 million for H1 2024.

Total gross margin from continuing operations was 47.0% for Q2 2025 compared to 44.5% for Q2 2024. Gross margin for Life Sciences Services was 48.9% for Q2 2025 compared to 46.7% for Q2 2024. Gross margin for Life Sciences Products was 44.9% for Q2 2025 compared to 42.2% for Q2 2024. Total gross margin from continuing operations was 46.3% for H1 2025 compared to 42.5% for H1 2024. Gross margin for Life Sciences Services was 48.4% for H1 2025 compared to 45.1% for H1 2024. Gross margin for Life Sciences Products was 43.7% for H1 2025 compared to 39.7% for H1 2024.

Operating costs and expenses from continuing operations were US$31.2 million for Q2 2025 compared to operating cost and expenses of US$95.7 million for Q2 2024. The decrease for Q2 2025 reflects an impairment charge of US$63.8 million in Q2 2024, which was primarily related to the write off of remaining goodwill for MVE Biological Solutions. Operating costs and expenses for H1 2025 decreased to US$59.3 million compared to US$128.3 million for H1 2024, reflecting the impairment charge relating to MVE Biological Solutions. Excluding the impairment charge, adjusted operating costs and expenses for H1 2025 were US$59.3 million, compared to US$64.5 million for H1 2024.

Net income for Q2 2025 and H1 2025 was US$105.2 million and US$93.2 million, respectively, compared to a net loss of US$78.0 million and US$96.9 million for the same periods in 2024, respectively. Net income for Q2 2025 and H1 2025 was primarily driven by the sale of the CRYOPDP specialty courier business during Q2 2025, which contributed US$117.4 million and US$114.4 million, net of taxes, respectively, to income from discontinued operations. Net income attributable to common stockholders was US$103.2 million and US$89.2 million for Q2 2025 and H1 2025, respectively. This compares to a net loss attributable to common stockholders of US$80.0 million and US$100.9 million for Q2 2024 and H1 2024, respectively. Excluding the gain on sale of CRYOPDP, net loss US$12.2 million and US$21.2 million for Q2 2025 and H1 2025, respectively, compared to US$14.2 million and US$28.1 million for Q2 2024 and H1 2024, respectively.

Looking ahead, the Company is reiterating its revenue guidance for fiscal year 2025: total revenue from continuing operations is expected to be in the range of US$165.0 million to US$172.0 million, representing 5.0% to 10.0% growth year-over-year.

PostNL has reported its Q2 2025 results, with Parcels revenue up 2.8% and volume growth of 2.2% with further client concentration. Mail volumes were down 8.3%, mainly due to some positive phasing effects in underlying substitution that partly offset the impact from election mail in Q2 2024.

Q2, 2025 revenues reached €807.0 million, up 1.5% as normalised EBIT fell 38.9% to €11.0 million. For the H1, 2025 period, revenues reached €1,589.0 million, up 1.9% as normalised EBIT fell from €9.0 million in H1, 2024, to €-5.0 million.

The Company achieved 33.0% emission-free last-mile delivery in Q2, 2025 (Q2, 2024: 27.0%)

Overall, in the second quarter the main trends continued and business drivers developed as anticipated. The Company is fully focused on delivering its strategic initiatives. Implementation is progressing according to plan and continued positive signs from targeted yield measures are visible. Other measures to adapt operations have resulted in efficiency improvements and it has achieved planned costs savings at both Parcels and Mail in the Netherlands.

At Parcels, Q2 volumes grew by 2.2%, and revenue 2.8% to €604.0 million, with different growth rates visible in domestic and international volumes, and further client concentration. It is encouraging to see that the price/mix impact was once again positive, driven by regular price increases.

Targeted yield measures are coming into effect gradually, demonstrating a focus on customer value while also resulting in a slight loss in market share, as anticipated. During the busy pre-summer peak period the Company has proven the efficiency of its network. Its intra-European activities at Spring showed promising revenue growth and it is further investing in this market to capture future growth.

Ongoing adaptive measures in the last mile delivery network and the digital supply chain have helped to achieve cost savings as planned.

Looking ahead, the Company reiterated its 2025 outlook for normalised EBIT to be in line with 2024, in an ongoing volatile economic environment.

Mutares has successfully completed the acquisition of inTime Group from Super Group Limited. The transaction strengthens the Mutares Goods & Services segment by establishing a powerful platform in the field of time-critical logistics services.

The inTime Group is a service provider with a broad portfolio in the transport and logistics sector. The Company is divided into three operating divisions. The core business addresses the high-growth market for the transport and logistics of time-critical deliveries (inTime).

The service portfolio is complemented by comprehensive services in the areas of third-party logistics and fifth-party logistics, including consulting and warehousing (Trans-Logo-Tech).

With LibCycle, the third business segment, the Company is entering a strategically relevant field of the future: integrated and sustainable transport management of lithium-ion batteries – both from industrial surplus stocks and end consumers.

The Company is represented throughout Europe with its network and has its headquarters in Isernhagen, Germany. With around 450 employees, it generated revenues of approximately €115.0 million in 2024.

Global air freight demand rose by 0.8% in June 2025 compared to June 2024 levels (1.6% for international operations). Capacity increased by 1.7% compared to June 2024 (2.8% for international operations).

Trade tensions saw North American traffic fall by 8.3% and European growth stagnate at 0.8%. But Asia-Pacific bucked the trend to report a 9.0% expansion. Meanwhile disruptions from military conflict in the Middle East saw the region’s cargo traffic fall by 3.2%.

Stability and predictability are essential supports for trade. Emerging clarity on US tariffs allows businesses greater confidence in planning, but the ‘deals’ being struck are resulting in significantly higher tariffs on goods imported into the US. The economic damage of these cost barriers to trade remains to be seen. Year-on-year, world industrial production rose 3.2% in May and global goods trade grew by 5%. Global manufacturing rebounded in June, with the PMI rising above the 50-mark to 51.2. The PMI for new export orders improved by 1.2 index points but remained in negative territory (49.3), under pressure from recent US trade policy shifts. The June jet fuel price was 12.0% lower year-on-year, a fourth consecutive year-on-year monthly decline. It was, however, 8.6% up on May prices.

Asia-Pacific airlines saw 9.0% year-on-year demand growth for air cargo in June, the strongest growth of all regions. Capacity increased by 7.8% year-on-year.

North American carriers saw an 8.3% year-on-year decrease in growth for air cargo in June, the slowest growth of all regions. Capacity decreased by 5.1% year-on-year.

European carriers saw 0.8% year-on-year demand growth for air cargo in June. Capacity increased 2.6% year-on-year.

Middle Eastern carriers saw a 3.2% year-on-year decrease in demand for air cargo in June. Capacity increased by 1.5% year-on-year.

Latin American carriers saw a 3.5% year-on-year increase in demand growth for air cargo in June. Capacity decreased by 0.4% year-on-year.

African airlines saw a 3.9% year-on-year decrease in demand for air cargo in June. Capacity increased by 6.2% year-on-year.

Trade Lane Growth: Air freight volumes in June 2025 increased for major trade corridors from/within Europe and Middle East-Asia. However, other relevant trade routes from/within Asia and from North America have decreased significantly in the most recent month.

Trade Lane: Asia-North America
YoY growth: -4.8%
Notes: Seven consecutive months of decline
Market share of industry: 24.4%

Trade Lane: Europe-Asia
YoY growth: +10.6%
Notes: 28 consecutive months of growth
Market share of industry: 20.5%

Trade Lane: Europe-Middle East
YoY growth: -4.5%
Notes: Six consecutive months of decline
Market share of industry: 5.7%

Trade Lane: Middle East-Asia
YoY growth: +2.8%
Notes: Four consecutive months of growth
Market share of industry: 7.4%

Trade Lane: Within Asia
YoY growth: 8.7%
Notes: 20 consecutive months of growth
Market share of industry: 7.0%

Trade Lane: Europe-North America
YoY growth: +4.8%
Notes: 17 consecutive months of growth
Market share of industry: 13.3%

Trade Lane: Africa-Asia
YoY growth: -4.8%
Notes: Two consecutive months of decline
Market share of industry: 1.4%

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

DP World has significantly expanded its automotive logistics capacity to meet growing demand at Jebel Ali Port, with the launch of a new 241,548 m2 vehicle storage yard at Terminal 4. The upgrade adds 13,000 CEUs (car equivalent units), raising the port’s total storage capacity to 75,000 CEUs, and further cements Dubai’s position as the Middle East’s leading hub for automotive trade.

The expansion includes an 800-metre quay that can handle up to three roll-on/roll-off (RoRo) vessels simultaneously. By reallocating RoRo operations from Terminal 1 to the new purpose-built zone at Terminal 4, DP World is improving berth availability, speeding up turnaround times and expanding port space to meet growing customer demand and absorb future flows.

Dubai is scaling up its role as a global automotive trade hub and this expansion gives car manufacturers, dealers, and logistics providers faster, more reliable access to key markets across the Middle East, Africa, and beyond.

The announcement comes amid strong growth in vehicle volumes. In the first half of 2025, Jebel Ali handled 545,000 vehicles at the port, up 28.0% year-on-year. Imports accounted for 65.0% of the total, primarily from China, Japan, Thailand, India and South Korea.

The expansion is part of DP World’s broader automotive strategy, which includes plans for a 1,858,060 m2 advanced car market in Dubai, set to be the largest in the world. Together, these projects support Dubai’s D33 agenda to double its economy by 2033 and become a global leader in smart logistics.

Union Pacific Railroad will launch a new, truck-competitive domestic intermodal service connecting Southern California’s Inland Empire to the heart of Chicago, significantly boosting intermodal capacity. Beginning 03 September, this innovative service enhances the seamless connection from the Los Angeles Basin's most active warehouse district through Union Pacific’s Inland Empire Intermodal Terminal (IEIT) directly to Chicago's Global 2 Intermodal Terminal.

Customers will experience up to 20.0% faster intermodal service compared to current industry offerings between these key locations, with three days' transit. The service will start at five days a week with the ability to increase with growth.

This new offering is part of Union Pacific’s Z train network, providing the fastest delivery of time-sensitive freight. As Union Pacific Railroad continue expanding IEIT, this service will deliver consistent, reliable and truck-competitive transportation, challenging the norms of over-the-road shipping and competing head-to-head with team driver truck services.

FedEx is expanding FedEx International Connect Plus (FICP) to the Middle East, Indian Subcontinent, and Africa (MEISA) region. This expansion provides Filipino businesses with enhanced access to key international destinations through fast, reliable, and cost-effective day-definite eCommerce shipping services.

In March 2025, the Philippines exported US$34.3 million to the United Arab Emirates, reflecting a 2.51% increase year on year. Meanwhile, India exported US$177.0 million to the Philippines during the same period, a year-on-year increase of 9.39%.

As Filipino businesses explore more trade with more markets like the UAE and Saudi Arabia, there’s a growing need for shipping solutions that are both affordable and reliable. By expanding FedEx International Connect Plus to the MEISA region, the Company is helping e-tailers and small to medium enterprises (SMEs) deliver their products faster and easier, and with the confidence to thrive in the global market.

FICP is designed to support the growing demands of cross-border eCommerce, offering a cost-effective and reliable solution for low-value, single-piece shipments under 10kg. Backed by the reliable FedEx international network, the service includes day-definite delivery, customs clearance, and enhanced visibility features such as tracking, delivery notifications, and flexible options through FedEx Delivery Manager International.

To boost customer confidence, FedEx International Connect Plus now offers Picture Proof of Delivery, allowing recipients to visually verify that their package has arrived.

DP World is fuelling the growth of Peru’s agricultural exports by providing specialised, end-to-end logistics solutions that meet the evolving needs of the agro-export sector. As premium fruit from northern Peru gain traction in international markets, DP World has emerged as a strategic partner providing freight forwarding and storage and distribution services to ensure that the region’s produce reaches destinations across the globe efficiently and reliably.

Agricultural exports from northern Peru have grown by 3 - 4 times between 2017 and 2024, with annual growth rates averaging 15.0%. This surge has positioned the region — particularly Piura — as one of the main drivers of Peru’s foreign trade, powered by the global demand for high-value crops such as blueberries, grapes, mangoes, and avocados.

Since 2018, DP World has supported this momentum by delivering integrated logistics solutions aligned with agricultural production cycles. It has built trusted partnerships with over 60 leading agro-exporters, offering cold chain expertise, around-the-clock operations, and seamless coordination with more than 10 key shipping lines to move Peru’s agricultural products from farm to port to market.

The rapid growth of agro-exports has increased the demand for agile and resilient logistics. DP World has responded with scalable cold chain management services designed to match the seasonal peaks and temperature-sensitive needs of agricultural campaigns, ensuring uninterrupted operations in every link of the supply chain.

With advanced reefer storage capabilities, specialised transport services, and integrated land-sea logistics, DP World enables exporters to meet the strict quality and freshness standards of high-demand markets such as the US and Europe.

DP World employs more than 150 people in northern Peru — 78.0% from Paita and 22.0% from Piura — and generates over 1,000 indirect jobs through its export logistics chain.

Menzies Aviation will deliver ground, air cargo and fuelling services at Mosul International Airport (OSM) in Iraq through MASIL, its joint venture with Iraqi Airways, Air BP and Al-Burhan Group. Once fully operational, MASIL will provide a full suite of aviation services at OSM, under a new 10-year license, further strengthening its footprint in the region. This builds on MASIL’s operations at Baghdad International Airport (BGW).

Mosul International Airport has undergone extensive reconstruction and is now equipped with a main terminal, VIP lounge, and advanced radar surveillance system. The airport is expected to be fully operational within the coming months, supporting both domestic and international flights and handling an estimated 630,000 passengers annually.

The expansion marks a significant milestone in the continued growth of the MASIL joint venture across Iraq and demonstrates Menzies’ commitment to supporting the country’s aviation infrastructure and long-term development.

Menzies Aviation and Iraqi Airways formed MASIL in 2021 to provide ground handling, cargo, and fuelling services. The joint venture includes operations at key airports including Baghdad and will soon include Mosul, as it continues to support the modernisation of Iraq’s aviation sector.

Biocair has announced the further expansion of its operations in the APAC region with the opening of a new office in Shanghai, China. The office is collocated with its warehouse to facilitate operations and enable enhanced collaboration between operations, sales, warehouse and transportation teams. Biocair has achieved 25.0% business growth in APAC in the first half of 2025 and, with double the footprint of Biocair’s previous Shanghai office, the new site will support the Company’s ongoing growth.

Biocair first opened a Shanghai office in 2009 as its primary APAC location and has since opened a further seven offices in the region. This new office is strategically located near Pudong International Airport as well as Pharma Valley in the Zhangjiang High Tech Zone. Following the recent opening of Biocair’s Chengdu office, this expansion further strengthens Biocair’s presence in the region and its position as a leading global logistics provider.

Biocair’s dedicated Shanghai team of logistics experts provide comprehensive knowledge of the APAC region including customs regulations and the local transport network. The Company offers a full range of temperature controlled logistics services, including controlled ambient (15-25C), refrigerated (2-8C), frozen (-20C), dry ice (-78C) and Liquid Nitrogen dry shipper (-196C). The team will also continue to build on Biocair’s presence in the region, strengthening business development activities.

Biocair is committed to investing in its global network in order to provide complete end-to-end logistics solutions as part of its global growth strategy.

Samskip has launched its long-anticipated Moroccan Reefer Service, a new shortsea container route connecting Agadir and Casablanca directly with the UK and the Netherlands. Specially designed to meet the needs of the fresh produce sector, this service provides the fastest door-to-door transit time in the market offering a true alternative to traditional road transport for Moroccan fruits and vegetables. To support this impacting milestone, it has signed a long-term agreement with the Moroccan Fruit Board.

With weekly non-stop sailings and a reliable, integrated door-to-door solution, the service provides seamless customs clearance and inland transport for perishable goods bound for key European markets. This is the only container service on the market fast enough to carry vegetables, setting a new benchmark for fresh produce logistics between North Africa and Europe.

Samskip’s transshipment and cross-docking capabilities mean that customers can deliver throughout Europe, to Norway, Poland, Sweden, Finland, and the Baltic states in just a matter of days after arrival in Rotterdam. Deliveries to Ireland can be achieved within just six days of departure from Agadir, which Samskip proudly promotes as a compelling new option for Irish importers looking for fresher, faster, and more sustainable logistics from North Africa.

The new reefer route brings a host of benefits to the market:

> Dedicated shortsea service designed for Moroccan perishables
> A weekly direct sailing to the south UK and the Netherlands (Rotterdam)
> Significantly faster transit than other container alternatives
> Compatible with 45ft reefer containers, matching the capacity of standard trailers
> Up to 80.0% CO2 reduction compared to full road transport

Calling at Casablanca and Agadir ports, the new service continues to Rotterdam ensuring smooth and efficient cargo flows into the heart of European retail markets.

This launch reflects Samskip’s broader growth strategy and continued leadership in modal shift logistics, moving cargo off congested roadways and onto more sustainable rail and sea solutions. As demand grows for eco-friendly, cost-efficient, and dependable logistics services, Samskip continues to expand its reach and offerings empowering customers and partners with better transport choices.

As of August 2025, Waberer’s Group will manage all domestic transport operations for Törley Pezsgőpincészet Kft., Hungary’s iconic sparkling wine producer. The partnership aligns with the Budapest Stock Exchange-listed logistics company’s regional growth strategy.

Waberer’s Group has secured another strategically important contract in the beverage logistics segment. Following a successful tender, the Company will take over the complete Hungarian transportation of Törley Pezsgőpincészet Kft., the largest player in the domestic sparkling wine market, starting in August 2025. The cooperation builds on an existing partnership launched in 2024, which initially covered distribution within Pest County.

The agreement with Törley is also of strategic importance: Waberer’s is currently the only logistics service provider in Hungary that works with nearly all major domestic players in the beverage sector – including companies producing or distributing beer, wine, soft drinks, mineral water, and spirits. The addition of Törley completes its beverage logistics portfolio.

The cooperation with Törley strengthens Waberer’s position in the food and beverage logistics market and clearly demonstrates the Company’s ability to attract new, strategically important partners with its competitive service offering.

Transporting sparkling wine, which qualifies as an excise product, requires highly complex logistics solutions. Strict document handling and the safe transportation of fragile goods demand specialised expertise and tailored logistical systems. Waberer’s offers flexible services that can adapt to the significant seasonal fluctuations typical of the product – from single-bottle deliveries to full truckloads.

The contract supports Waberer’s long-term strategy to become one of the leading logistics providers in the region, with a special focus on serving large corporations in Hungary and Central Europe. The Company aims to reach €1.7 billion in revenue and exceed €100.0 million in EBIT by 2031. To support this growth, Waberer’s plans to invest €400.0 million between 2025 and 2030 in development and capacity expansion programmes.

Kuehne + Nagel is expanding its collaboration with ABB in Chile, a global leader in electrification and automation technologies. The new agreement covers solutions for Contract Logistics, including last-mile transportation and fulfilment operations.

With a global partnership spanning over 30 years, ABB and Kuehne + Nagel have also collaborated in Chile for more than a decade, particularly in air logistics, supporting ABB’s divisions with import services from Europe and the US.

Under the new agreement, Kuehne + Nagel supports ABB with logistics services across its three business units: Electrification, Motion, and Process Automation. A cross-docking service has also been implemented in coordination with the air logistics team, enabling efficient process integration.

Kuehne + Nagel’s multi-customer distribution centre is located in Santiago. The modern facility, inaugurated in 2024, meets the highest (AAA) logistics standards, including state-of-the-art security systems. Approximately 300 orders are processed monthly for over 120 recipients throughout Chile.

This expansion of the cooperation with ABB reflects a shared commitment to increasingly sustainable and efficient logistics, aligned with the evolving industry challenges in Chile.

Sustainability is a key pillar of this partnership. Both companies are driving initiatives to reduce the environmental impact of their joint operations. Kuehne + Nagel has deployed an electric fleet dedicated to ABB’s operations, significantly reducing the carbon footprint. The companies aim for a 15.0% reduction in energy consumption through ongoing energy efficiency projects, including the planned installation of photovoltaic panels in 2026. A waste management plan aims for a 90.0% reduction in landfill-bound waste, with the medium-term goal of achieving zero-waste operations.

For ABB, having a strategic partner in its logistics operations allows it to move toward a more agile, secure, and efficient distribution network, with a clear focus on sustainability, which is a fundamental pillar for the Company.

Fresh Del Monte Produce Inc. has announced a new partnership with the CMA CGM Group to introduce a containerised shipping service for fresh banana and pineapple exports from the Philippines to Japan and South Korea. The collaboration marks a significant departure from traditional breakbulk shipping methods, ushering in a new era of quality, reliability, and cold chain precision for banana and pineapple imports in Northeast Asia.

The containerised service operates on two key shipping routes, provided by CNC, the Intra-Asia specialist of the CMA CGM Group:

JP8 Service – A newly enhanced route offering fast, direct connections from Davao to Tokyo, Yokohama, Kobe, and Moji, ensuring efficient delivery to Japan.

BMX Service – A flagship route providing a premium, stable weekly connection from Davao to Busan, South Korea.

For decades, breakbulk vessels have been the standard in transporting bananas and pineapples to Japan and Korea. But this legacy method, where fruit is exposed to fluctuating temperatures and handled multiple times, has long posed challenges for maintaining fruit quality. By moving to fully containerised shipments, Fresh Del Monte and CMA CGM are delivering a strategic leap in logistics excellence.

By transitioning to dedicated container vessels, Fresh Del Monte is not only improving cold chain reliability and minimising damage but also creating a more agile, scalable logistics model that better serves its retail partners across Asia.

Unlike breakbulk methods, where the fruits may face hours of exposure to extreme heat or cold and frequent handling, the new containerised approach keeps fruit in consistent, temperature-controlled conditions from farm to customer. It also mitigates carbon footprint due to its inherent efficiency. Each container acts as a mobile cold room, preserving quality and extending shelf life. The result: more capacity, less waste, and consistently better bananas and pineapples for retailers and consumers alike.

CMA CGM's CLIMACTIVE controlled atmosphere containers and smart container solutions slow down ripening and preserve the nutritional value of fruits while allowing customers to obtain extensive, reliable, and real-time information about their goods.

As climate pressures and customer expectations rise, Fresh Del Monte and CMA CGM are improving more than just delivery timelines. By cutting fruit waste, reducing handling, and increasing cargo efficiency, this shift marks a smarter, more resilient way to move fresh produce, benefiting both quality and the planet.

The 2025 fresh ginger season has successfully concluded, with record tons of premium-quality Brazilian ginger arriving via American Airlines Cargo flights at key US entry points in Miami (MIA) and Los Angeles (LAX). The exceptional quality of this season’s crop confirms Brazil’s reputation as a leader in global ginger production.

This year’s fresh ginger is produced by some of Brazil’s most established names who are also leading the industry in sustainable cultivation and export quality for the product. The ginger is packed in standard cartons on skids before being loaded onto American flights and does not require refrigeration, making it efficient to handle and transport.

This season more than 900 tons of Brazilian ginger transited through Miami and Los Angeles on American’s B787-8 and B777-200ER aircraft from Rio de Janeiro and São Paulo. These two hubs serve as the primary ports because of their strategic networks to inland US markets via trucking routes.

Most of the Brazilian ginger exported to the US is sold fresh in supermarkets, with a smaller percentage heading to restaurants and foodservice providers. Importantly, all shipments arrive unprocessed, preserving the root’s full natural potency.

Ginger from the mountains of Espirito Santo and the region around São Paulo is celebrated for its robust aroma, spicy flavour and distinctive blue-grey tinge. Often referred to as “Blue Ginger,” this variety boasts high levels of gingerol, the bioactive compound responsible for its anti-inflammatory and digestive-health benefits. Unlike Chinese varieties, Brazilian ginger is more fibrous and nutrient dense, making it a favourite for culinary and wellness-focused consumers alike.

GXO Logistics has announced the renewal of its agreement with Pratt & Whitney, an RTX business. GXO will continue to provide warehouse and HMC management out of Pratt & Whitney's operations facility in Oklahoma City, Okla., US, the business’s largest military engines field location.

Pratt & Whitney’s Oklahoma City site plays a critical role in the global sustainment of its military engines business and requires a high degree of sophistication and agility to manage operations efficiently.

For the past seven years, GXO has worked hand-in-hand with Pratt & Whitney to develop and execute a more efficient logistics operation for the business’s engine ‘Maintenance, Repair and Overhaul,’ or MRO, team.

Together, the two companies have implemented aerospace solutions that increase inventory accuracy, streamline the order receiving process and accelerate kit order packing.

GXO provides material handling, kitting and inventory management for aircraft engine parts and related non-products, as well as shuttle transportation services for Pratt & Whitney. The Oklahoma City facility is an ISO 9001 and AS9100: Rev D Certified site.

Vinted members can now collect and send their orders from Royal Mail’s 2,000 lockers and almost 8,000 Collect+ Parcelshops across the UK, in an expanded partnership between the brands. Vinted sellers were previously able to send the parcels via the network of lockers and Parcelshops, but now Vinted buyers will be able to collect their purchases from the locations too.

Vinted is the leading second-hand fashion marketplace in Europe and a go-to destination for all kinds of second-hand items, with millions of members across the UK. The expanded range of delivery options will make it even more convenient to buy and sell pre-loved items on Vinted.

The partnership means Vinted members can benefit from Royal Mail’s service and the convenience of 24/7 parcel lockers and Collect+ Parcelshops - a network of thousands of convenience shops across the UK, the majority of which are open seven days a week including evenings and weekends. Customers who prefer Royal Mail’s home delivery will continue to have this option.

Royal Mail is rapidly expanding its parcel pick-up and drop-off network across the UK to meet growing demand from online shoppers and second-hand marketplace sellers. As well as the locker and Collect+ Parcelshop networks, Vinted customers can use 11,500 Post Office branches, 1,200 Royal Mail Customer Service Points – meaning they have a choice of over 22,000 locations.

In another move to make sending parcels as convenient as possible, Royal Mail recently made it possible to send larger parcels through postboxes and request proof of posting on its app. In April, the Company launched a pilot of its solar-powered postboxes of the future, featuring a slot to allow customers to drop off larger parcels and get digital proof of posting via the Royal Mail app. This functionality will be rolled out to Vinted users in the coming months.

Team Bahrain Victorious announced a new multi-year partnership with United Shipping, a leading Hungarian logistics and transport company that has rapidly established itself as a strong supporter of professional cycling through its UCI Continental team, Team United Shipping.

Founded in 2008 with a focus on innovation and efficiency, United Shipping delivers integrated supply chain solutions across Europe and beyond. The Company has grown rapidly across freight forwarding and transportation services, while also making an entry into professional cycling.

In 2024, United Shipping launched its own cycling team. What began as an amateur initiative quickly developed into one of Eastern Europe’s most exciting talent platforms, earning UCI Continental status by 2025. Team United Shipping will remain active on the Continental Tour, continuing to nurture Hungarian talent.

This partnership with Bahrain Victorious marks a significant step forward in the Company’s commitment to supporting the growth of cycling in Hungary and providing a clear development pathway for Hungarian riders aiming for the WorldTour.

As part of the agreement, United Shipping will become the official logistics partner of Bahrain Victorious from the 2026 season, providing expert transport and supply chain support across the team’s global racing calendar.

The announcement comes alongside the recent signing of Hungarian star Attila Valter by Bahrain Victorious – a rider who stands as a testament to the rise and success of Hungarian cycling on the international stage.

DP World has opened its first multi-customer warehouse in Brazil, expanding its contract logistics operations to approximately 100,000 m2. The new facility, located in Cajamar in the state of São Paulo, supports businesses with shared logistics infrastructure designed to reduce fixed costs and scale operations efficiently.

Located less than 40 kilometres from São Paulo’s capital and with direct access to key highways including Anhanguera, Bandeirantes, and Rodoanel, the Cajamar facility offers fast connections to Brazil’s major industrial and consumer hubs.

The Cajamar facility operates as a shared warehouse, allowing multiple companies to use the same space, technology and staff, reducing fixed costs and increasing flexibility. This model allows customers to scale operations quickly in response to seasonal peaks, such as Children’s Day, Valentine’s Day, Black Friday, and Christmas, while maintaining high service levels and operational control.

This new warehouse marks a strategic evolution in the Company’s logistics offering, enabling companies to expand with agility and resilience to meet changing demand. It sets the foundation for additional leased facilities across the country built around improving cost-efficiency, flexibility and scale for customers.

Services offered at the Cajamar facility include inbound and outbound logistics, inventory management, promotional kit assembly, labelling, packaging, cross-docking, fulfillment, eCommerce, and reverse logistics. Operations are powered by DP World’s proprietary warehouse management system, which provides real-time visibility, process control, and operational excellence.

The launch of the Cajamar warehouse reinforces DP World’s commitment to reducing supply chain complexity and helping businesses operate more efficiently in Brazil and Latin America.

DP World has built a globally integrated logistics network with over 300 warehouses supporting some of the world’s leading automotive and technology brands. The group handles over 250 million tech products annually and supports the production of more than 3.0 million vehicles worldwide.

London’s largest food distribution charity, The Felix Project, is expanding its London footprint by moving its West London depot to a new unit at SEGRO Park Acton, to help in its vital work of fighting hunger and food waste in London.

SEGRO recently refurbished the 1,940 m2 unit to high sustainability standards, undertaking complex works tailored to the charity’s specific needs. The developer worked closely with the charity throughout the design and construction process to ensure their requirements were fully met.

The refurbishment included redesigning the car park to accommodate more vehicles and larger vans, installing additional EV charging points, replacing the roof, extending the first-floor office space, and creating an outdoor seating area to support employee wellbeing.

This is the charity’s fifth unit with SEGRO, demonstrating a clear reflection of a strong, long-term partnership. This space is in addition to The Felix Project’s existing facilities at SEGRO Park Deptford, SEGRO Park Greenford Central and SEGRO’s Great Cambridge Industrial Estate.

The Felix Project rescues high-quality surplus food that would otherwise go to waste and redistributes it to over 1,200 community organisations across London who are feeding people in need. As part of its wider mission, it is also supported by The Coronation Food Project, an initiative inspired by His Majesty King Charles III to increase food redistribution and drive positive social impact.

SEGRO Park Acton is located between Acton and Shepherd’s Bush in West London, offering excellent access to the A40 and A406, with direct links to Central London and the M40, M4, M25, and M1 motorways.

Isuzu East Africa has commenced the construction of a parts distribution centre in Lukenya area near Athi River. It is part of the Company’s strategy to expand aftersales support and improve service delivery to customers across Kenya and beyond.

The logistics facility is expected to start operations in November 2026, creating employment for around 80 people.

The Company is investing Sh3.1 billion in the facility as it seeks to enhance accessibility of spare parts for its vehicle brands. It will aim to guarantee up to 99.0% of parts supply within 48 hours.

As a result of the new logistics centre, Isuzu will expand the footprint of its parts division from 2,300 m2 to 10,544 m2.

The investment is a key part of Isuzu’s wider holistic business strategy to make genuine parts accessible through local outlets, enhancing the availability of quality automotive services among local communities.

Australia Post has officially opened a new parcel delivery centre in Blacktown, strengthening its parcel network in Western Sydney and supporting growing demand in the region. The future-ready 18,360 m2 centre is designed to improve turnaround times and operational efficiency, helping to deliver up to 30,000 parcels per day and up to 48,000 per day during peak periods like Christmas, with the ability to handle more delivery vans than anywhere else in the country.

The new consolidated centre replaces the existing delivery centres at Seven Hills and Horsley Park, providing more space for team members to load their vans and get parcels out to customers faster. It also features an additional 5,000 m2 of warehouse space to manage increasing parcel volumes driven by the rise in eCommerce.

Supporting Australia Post’s broader sustainability goals, the facility is targeting an accredited 5 Star Green Star rating. It features a 398kW solar system with 81kWh battery storage, EV car charging stations and an onsite rainwater tank, initiatives which are projected to reduce carbon emissions from operational activities by over 250 tonnes annually.

Boasting the largest parcel van capacity across the network, the parcel centre has the ability to accommodate close to 400 vans servicing the Sydney North-West catchment. This area includes suburbs such as Parramatta, extending to the Windsor/Richmond growth corridor.

According to local press reports, Home Depot has agreed a deal with CEVA Logistics to sub-let its 120,775 m2 warehouse in Goodyear, Arizona, US. The Elwood Logistics Centre is located at 16155 West Elwood Street. It includes 360 m2 of office space, 233 dock doors, 691 trailer parking stalls and 40-foot clear height.

It was reported in September 2024 that the retailer has put the facility up for sub-lease. It had signed a 10-year lease for the entire space at the end of 2021.

Dermody has announced that Bottling Group, LLC, operating as Pepsi Beverages Company, a division of PepsiCo, Inc., has leased Building 10 at The Logistics Campus, a 32,660 m2 build-to-suit logistic facility. The lease will commence in February of 2026.

Bottling Group, LLC manufactures, distributes, and sells a diverse portfolio of non-alcoholic beverages, including soft drinks, bottled water, energy drinks and fruit juices. With annual sales exceeding US$4.5 billion, Pepsi Beverages Company ranks among the world’s largest beverage manufacturers, sellers and distributors, with approximately 70.0% of its sales generated in the US and Canada.

The Logistics Campus is located at the intersection of I-294 and Willow Road in Glenview, Illinois, US. It is situated near a wide array of amenities, features Class A construction and design, and has immediate access to I-294. Site work for Building 10 is underway with delivery planned for the first quarter of 2026.

The Logistics Campus is a master-planned, 10-building logistics campus totalling 300,870 m2 with flexibility to accommodate build-to-suits. Construction was recently completed on Phase 1 of The Logistics Campus spread out over five buildings.

Dermody was represented by Colliers International and Pepsi Beverages Company was represented by Cresa in this transaction.

Swissport has expanded its specialised cargo capabilities at Liège Airport with the opening of a dedicated perishable handling centre, the only facility of its kind at the airport. Fully operational from 01 August, the temperature-controlled airside installation reinforces Swissport’s flower corridor and advances Liège's role as a strategic European logistics hub.

Swissport is advancing its strategy to provide tailored infrastructure for specialised cargo segments, including perishables and eCommerce, with the launch of the facility. Located airside, the purpose-built facility is designed exclusively for the seamless throughput of Unit Load Devices (ULDs) carrying temperature-sensitive goods. With precise climate control between 2C and 8C and capacity for 40 ULDs, the equivalent of a full freighter load, it ensures seamless cool chain protection and significantly reduces processing time for critical shipments.

This new cool facility complements Swissport’s third cargo terminal at Liège, inaugurated in April 2024, which expanded the Company’s total footprint at the airport to 27,000 m2. It follows recent capability upgrades at major cargo hubs across Europe, including Frankfurt, Amsterdam, Madrid, Johannesburg, and Cape Town, reinforcing Swissport’s commitment to supporting specialised cargo growth across the region.

Swissport continues to invest in cold chain infrastructure across its global network, with Liège now playing a key role in connecting origin and destination points in its expanding cool chain corridor. The Company is now one of the few ground handlers globally to offer specialised temperature-controlled capabilities at both ends of the supply chain, delivering end-to-end protection for time- and temperature-sensitive shipments.

The facility's strategic airside location enables direct aircraft-to-cold-storage transfer, eliminating intermediate steps that could compromise product integrity. This setup minimises the risk of temperature excursions, maintains product freshness, and accelerates delivery times for both imports and exports.

Import flows in particular will benefit, as the centre offers secure cold storage for goods in transit, ready for final delivery by truck across Europe, with a strong focus on the Dutch flower market.

Swissport has been serving cargo airlines at Liège Airport since 2001 and offers a comprehensive suite of services covering general and special cargo handling, temperature-controlled handling, hub handling, express services, forwarder handling, and specialised perishable handling. In 2024, a dedicated team of 300 Swissport professionals successfully handled 400,000 tons of air cargo and serviced over 3,850 freighters at Liège, highlighting the Company’s growing scale and relevance at this strategic hub.

Innovative Warehouse Solutions (IWS) has entered into a strategic partnership with Passport, a premier international shipping carrier. This collaboration enhances IWS's capabilities to offer clients streamlined global distribution through Delivered Duty Paid (DDP) and Delivered Duty Unpaid (DDU) services. With this new alliance, IWS clients can now reach customers in over 180 countries via DDP, simplifying and accelerating cross-border eCommerce fulfilment like never before.

Known for its technology-forward fulfilment solutions across apparel, beauty, health, and merchandise sectors, IWS continues to invest in infrastructure and partnerships that offer clients greater speed, transparency, and reliability. By integrating Passport's advanced international logistics technology directly into its operations, IWS is setting a new standard for seamless global shipping and enhanced customer experiences.

Passport has built a technology and logistics company focused solely on the needs of international eCommerce brands. The technology doesn't just help IWS internally — it's a powerful tool for clients too. Brands can seamlessly integrate Passport's systems into their own websites. They can display local currencies, like AUD for Australian shoppers, and give customers real-time, accurate shipping rates that include duties and taxes if they choose DDP. This reduces cart abandonment, eliminates unpleasant surprises at delivery, and ultimately protects brands' margins by ensuring full transparency.

Clients who first import goods into the US and then re-export internationally can claw back a significant portion of previously paid duties and taxes, a huge financial advantage. Passport can even serve as the seller of record, making it easier to comply with country-specific tax regulations and reducing administrative burden for brands.

Another major feature is the custom-branded tracking pages Passport offers. Instead of generic carrier tracking portals, brands can fully customise the tracking experience. They can embed promotions, videos, QR codes, or direct links to their social media pages, turning the shipping experience into a marketing channel. The tracking itself is more robust too, offering more scan events and better visibility, which minimises customer anxiety and keeps the brand front and centre during the entire delivery journey.

Dematic has announced the successful deployment of an advanced integrated logistics solution at Lotte Chilsung Beverage's Bupyeong Logistics Centre. The installation marks a milestone for the region as the first fully automated, mixed case order fulfilment system in South Korea and the broader Asian beverage industry.

Lotte Chilsung, one of Korea's largest beverage producers, consolidated four existing distribution facilities into a single logistics hub in Bupyeong. The site covers approximately 8,300 m2, with a height of 42 metres and a capacity of 9,000 pallets. It services more than 1.2 million cases of beverages annually across convenience stores, eCommerce platforms, general retailers, and food & beverage providers.

Facing challenges including rising labour costs, worker fatigue and growing demand for small-batch, multi-product orders, Lotte Chilsung selected Dematic to design a solution that could address these pressures while also enabling precise, high-speed fulfilment within a limited urban footprint.

Dematic delivered a fully integrated system incorporating a high-density 40-metre Automated Storage and Retrieval System (AS/RS) for space efficient pallet storage, a sophisticated Dematic Multishuttle system for carton buffering and sequencing, robotic layer picking for automated layer handling, and RapidPall palletising cells that build optimised mixed case pallets. Additionally, an automated dispatch buffer equipped with pallet shuttle technology reduces staging space requirements and enables rapid truck loading. All components are centrally managed by the Dematic Warehouse Control System (WCS) that is seamlessly integrated with Lotte Chilsung's enterprise systems.

Since go-live, the solution has significantly reduced manual processes, improved picking accuracy, and enhanced delivery responsiveness while providing real-time inventory visibility and traceability.

In a market where small, mixed orders are the new norm, Dematic's automated system has transformed the logistics operations. It has dramatically improved order accuracy, reduced delivery times and enhanced overall customer satisfaction, while also relieving the strain on the workforce.

By implementing Dematic's automated system, Lotte Chilsung has significantly improved logistics efficiency within a compact footprint, reducing its reliance on manual labour and lowering operational costs. The new system also provides real-time visibility into inventory and product movement, enabling stronger quality control and faster, more accurate responses to customer demands.

The new facility represents a major step in Lotte Chilsung's digital transformation and sustainability roadmap. With automation playing a growing role in its logistics strategy, the Company plans to continue working with Dematic to develop future-ready supply chain solutions across Korea and beyond.

Expeditors has selected CloudMoyo to implement Icertis Contract Intelligence (ICI) for global operations. Icertis Contract Intelligence is a recognised leader in AI-powered contract intelligence software, transforming contracts into strategic advantage.

Expeditors generates highly optimised, customised supply chain solutions for their clients with unified technology systems integrated through a global network of 340+ locations in 100+ countries on six continents. As a service-based company, Expeditors is highly flexible in their approach to supply chain management, and they're very effective at finding the best route and pricing options.

CloudMoyo is one of Icertis' premier partners, having completed 160+ contract lifecycle management (CLM) projects.

One of Expeditors' core values lies in their mission to exceed customers' expectations through excellence in global logistics. ICI is one of the many ways Expeditors will elevate their already excellent services, improving efficiency, visibility, and collaboration between their internal teams.

With CloudMoyo, Expeditors will transform advanced analytics, insights, workflows, and global accessibility of their contracts.

Matalan has recently been making significant investments in automation. Since the start of its collaboration with KNAPP in 2020, Matalan’s distribution centre in Knowsley, Liverpool, UK, has developed into a showcase for what scalable logistics solutions can do. In April 2025, the fifth planned extension was ordered, representing a further multi million-euro investment.

By 2027, Matalan’s high-performance omnichannel fulfilment hub will feature eight rack line shuttle system, eight pocket induct stations, 16 picking and 16 decanting workstations, and five dispatch ramps. What began in 2021 with just one pocket sorter system and nine workstations has evolved, step by step, into a warehouse at the cutting edge of logistics.

Matalan made the choice to plan in modules, providing space to explore workflows, optimise processes and react flexibly. The positive results paved the way for further expansion. In 2024, a second pocket sorter system was added, plus an Evo Shuttle 1D automated store with a capacity of 100,000 containers, six decanting workstations and two spiral conveyors. The intelligent KNAPP logistics software KiSoft and a resident customer service team complete the package.

These expansions raised Matalan’s efficiency in eCommerce significantly and improved order fulfilment precision to 99.8%, while also extending the order cut-off time for next-day delivery by six hours, enhancing the customer experience. In the same year, MultiScan was also introduced – an automated solution for recording product master data. In 2025, store fulfilment was modernised with ergonomically designed goods-to-person workstations replacing manual picking.

Today, Matalan’s distribution centre is capable of one-touch omnichannel distribution from a single pool of stock, processing up to 100,000 online orders a day. The fifth expansion at Matalan, which will make the automated system double its original size, proves how successful the modular approach to automation is. With a clear strategic outlook, the system evolves and is future-proofed – one step at a time.

All expansions have so far been implemented without stopping operation; the same is planned for future projects. This successful approach is proof of KNAPP’s technical expertise, but also reflects the level of trust Matalan places in this partnership.

Descartes Systems Group has acquired Finale Inventory, a US-based provider of cloud-based inventory management solutions designed to support eCommerce businesses across their growth lifecycle.

Finale Inventory helps growing eCommerce sellers keep stock levels accurate across multiple eCommerce sales and fulfilment channels. With better visibility and control, customers can effectively scale while avoiding overselling, backorders, erroneous restocking, and negative customer experiences. The solution also offers deep integration and real-time data synchronisation with prevalent eCommerce marketplaces, shipping solutions, and accounting systems, to enable end-to-end automation of key operational processes.

Finale complements Descartes’ other eCommerce investments in inventory, order, warehouse and shipping management. It expands the depth of Descartes’ eCommerce solution suite by addressing a critical inflection point for growing eCommerce sellers. As inventory complexity and risk of overselling increase, Finale provides the control and visibility merchants need to grow with confidence.

Finale is headquartered in California. Descartes acquired Finale for up-front consideration of approximately US$40.0 million satisfied with cash on hand, plus potential performance-based consideration. The maximum amount payable under the all-cash performance-based earn-out is US$15.0 million, based on the combined business achieving revenue-based targets in each of the first two years post-acquisition. Any earn-out is expected to be paid in fiscal 2027 and fiscal 2028.

WiseTech Global announced the completion of the acquisition of U.S.-based E2open Parent Holdings, Inc., a leading provider of cloud-based trade and supply chain SaaS solutions for the world’s largest companies, for US$3.30 per share in cash equating to an enterprise value of US$2.1 billion which is fully debt funded from a new syndicated debt facility, as previously announced to the market on 26 May 2025.

E2open is a strategic acquisition of a group of valuable products, with a strong customer base, extensive cloud-based network and deeply capable people and products that enable global trade and supply chain. The acquisition significantly adds to WiseTech’s total addressable global market with very little product overlap globally. Previously, WiseTech’s focus has been mainly on logistics service providers.

Now, with e2open’s deep product offerings, domain expertise and customer base, it is expanding its product offering into global and domestic trade including demand, planning, channel, supply, transportation and logistics for buyers, importers, exporters, shippers, manufacturers and brand owners. This is a significant step in achieving an extended vision to be the operating system for global trade and logistics by driving integration, automation and efficiencies across the entire supply chain.

Lufthansa Cargo and CEVA Logistics have signed a Memorandum of Understanding (MoU) to expand their collaboration in the area of sustainability, with a clear focus on the use of Sustainable Aviation Fuel (SAF). The agreement aims to enable measurable CO2 reductions in air freight operations through joint efforts, mutual learning, and transparency. The MoU sets the foundation for a long-term cooperation, with verifiable emission reductions already expected in 2025.

Lufthansa Cargo is not only a long-standing business partner of CEVA, it also shares the same ambition: making air freight more sustainable. With a joint focus on SAF, the two companies are laying the foundation to achieve their climate goals while driving innovative supply chain solutions – powered by Lufthansa Cargo’s efficient Boeing 777F freighter fleet.

Taking action together on SAF now sends a strong signal: customers and carriers can drive real progress when working hand in hand. Sustainability is not an add-on for – it’s an essential part of enabling global business for Lufthansa Cargo.

SHEIN is implementing targeted improvements across its supply chain, including advancements in logistics efficiency and waste management. These efforts form part of the SHEIN’s ongoing work to address the environmental impact of its operations and reduce greenhouse gas emissions where feasible.

SHEIN is integrating new energy vehicles (NEVs) into its inter-warehouse transport system in China as part of its efforts to enhance operational efficiency and lower its greenhouse gas emissions. Companies looking to adopt NEVs are often met with obstacles such as high costs, limited range, and load restrictions. The nature of SHEIN’s logistics model, which typically involves frequent, short-distance routes transporting lightweight items, makes it well-suited to pilot and scale such solutions.

To support this transition, SHEIN is working with several logistics and technology partners to develop a 9.6-metre electric vehicle as an alternative to its current fleet of 6-metre diesel trucks.

SHEIN plans to deploy over 130 of these EVs across its warehousing and logistics operations within China in 2025. Based on SHEIN’s internal calculations, this rollout is estimated to be able to achieve an annual reduction of nearly 10,000 metric tons of CO2eand cost savings of 20–30.0% compared to diesel vehicle operations.

Beyond the adoption of NEVs, SHEIN is also implementing various other measures to enhance logistics efficiency and reduce emissions across its operations. This includes:

> Multi-Modal Logistics: Optimising its global logistics network and route planning to promote the greater use of land, sea, or multimodal routes to reduce emissions.
> Air Freight Optimisation: Adjusting cargo carton dimensions, developing new loading frames to improve aircraft capacity utilisation, and introducing lighter, reusable gunny sacks to reduce packaging weight.
> Last-Mile Delivery Initiatives: Expanding the use of electric delivery vehicles in regions such as Europe while promoting self-pick-up options in locations where available.
> Expanding Zero Waste to Landfill Certification Across Facilities

Four additional SHEIN-managed facilities have also achieved Zero Waste to Landfill certification, bringing the total number of SHEIN’s facilities that have achieved this certification to seven. In 2024, SHEIN’s Centre of Innovation for Garment Manufacturing and two other facilities achieved the certification.

By gradually standardising the waste treatment methods at its self-operated facilities, SHEIN has implemented a range of waste management processes that have helped all seven of its zero waste to landfill certified sites to achieve an average waste diversion rate of 99.59%, including energy recovery. This means that almost all of the waste generated at the certified sites is reduced, reused recycled or converted into energy. These processes include the sorting and recycling of industrial waste, such as packaging, tape, and discarded paper, through partnerships with recycling providers. In addition, SHEIN repurposes materials where possible, such as converting stretch film cardboard tubes into safety pillars, reusing cardboard boxes and woven bags, and transforming waste textiles into products like canvas bags and hair bands. In some cases, waste textiles are even offered to suppliers for use as insulation material for steam pipes to reduce heat loss.

SHEIN recognises that more needs to be done to better manage its impact on natural resources and the environment and is actively seeking opportunities to collaborate with partners across the industry to drive further progress. By investing in scalable lower-emissions logistics solutions, improving resource efficiency, and standardising waste management practices across its facilities, SHEIN is taking steps to evolve its operations to create a more resilient and future-ready supply chain.

The Bundeswehr has commissioned Rheinmetall to supply more than 1,000 logistic vehicles with a total value of around €770.0 million gross. The order comprises 963 vehicles with swap-body systems, some with protected driver cabins, as well as swap-body flatbeds and tarpaulin-arch superstructures.

In addition, 425 unprotected transport vehicles (UTV) were requested for delivery. The UTVs are available in 4x4 and 8x8 versions.

The delivery of the approximately 1,400 requested vehicles will take place before the end of this year. The orders have been booked for the third quarter of 2025.

The UTV orders are call offs from the framework agreement signed in July 2024 – the largest order in the Company's history in the field of logistics vehicles. It provides for the delivery of up to 6,500 vehicles with a gross value of up to €3.5 billion. The framework contract allows the Bundeswehr to flexibly order additional quantities of the UTV 5t and UTV 15t models, which are already in service, over a period of seven years. In addition, the new vehicle class, which is now part of the call-off, was introduced via the framework contract. This is the 4x4 variant UTV 3.5 t, which has a maximum number of common parts with the UTV family.

The UTV family has already been contributing significantly to the performance of the Bundeswehr's logistics units for several years. In July 2017, the Bundeswehr commissioned RMMV to supply its new ‘UTV mil gl in cargo load classes 5t and 15t’ family. Thanks to the use of flexible framework contracts concerning large quantities in military procurement, the UTVs have become a showcase project. Since 2017, around 7,000 HX vehicles have been delivered to the Bundeswehr together with swap-bodies and 70-tonne semi-trailer units.

UTV and swap-body systems are based on RMMV's robust HX vehicle family. Designed for military use, they offer outstanding mobility even in difficult terrain.

The worldwide distribution of the HX vehicle family provides significant advantages in terms of interoperability and logistics, particularly for multinational operations. In addition to Germany, current users are the UK, Australia, New Zealand, Norway, Sweden, Austria, Hungary, Singapore, Slovenia, Denmark and the Ukraine. The new order highlights the high acceptance of the proven HX vehicles. More than 20,000 vehicles are already in use worldwide.

C.H. Robinson Worldwide Inc. announced the appointment of Edward Feitzinger to its Board of Directors, effective immediately. Feitzinger, 58, brings more than 30 years of global supply chain leadership, including public company CEO experience, and deep expertise in global freight forwarding and logistics technology.

Ed’s extensive background in leading large-scale, innovative logistics organisations brings a unique combination of operational expertise, strategic vision, and transformative results to C.H. Robinson’s board.

Throughout his more than 30-year career, Ed has guided organisations through significant growth and complexity and has a proven record of large-scale integration and operational improvement across the logistics sector. Ed’s insight and ability to harness technology and operational scale will directly support C.H. Robinson as it transforms supply chains to deliver innovative, customer-focused solutions worldwide while supporting growth objectives.

Feitzinger previously served as CEO of UTi Worldwide, a US$4.2 billion Nasdaq-listed global freight forwarding and contract logistics company, where he led more than 21,000 employees across 59 countries. He also held senior leadership roles at Amazon, including Vice President of Global Logistics, where he helped expand international fulfilment capabilities and drove significant growth in global marketplace exports, reaching over 100 countries.

With this appointment, the C.H. Robinson board of directors now comprises eleven directors, ten of whom are independent.

NTG Nordic Transport Group has appointed Julie Odefey as Chief People & Culture Officer (CPO), effective from 18 August 2025. The appointment and establishment of a People & Culture team follows NTG’s commitment to further prioritising talent development, employee engagement, and leadership growth.

NTG’s strategy, also referred to as Route ’27, places strong emphasis on career development and international opportunities for employees.

Julie brings extensive experience from both large international corporates and the consultancy sector. She has previously held senior HR roles at Maersk and most recently served as Associate Partner at the consultancy firm Round, where she focused on organisational development, leadership, and cultural transformation.

Expeditors International of Washington, Inc. has announced the appointment of David A. Hackett as Senior Vice President and Chief Financial Officer, effective 01 October 2025. Hackett has served as Vice President, Finance, since May 2024. On 04 August 2025, Expeditors’ current Senior Vice President and Chief Financial Officer, Bradley S. Powell, notified the Board of Directors of his intention to retire, effective 30 September 2025. These announcements demonstrate the Company’s commitment to succession planning.

Dave has fully integrated himself into the Company’s finance and accounting operations and fits seamlessly with its culture, having worked closely with Brad to learn its services, business model and strategies since joining Expeditors as Vice President of Finance in May 2024.

Dave also worked directly with other executives and the Board and travelled to many Districts throughout the Company’s global network to learn operations at the field level and meet with a great many employees.

Brad built a strong team around him and managed through some of the most difficult events in the Company’s history, including the 2008 financial crisis and the COVID-19 pandemic. Through it all, Brad has brought unflappable leadership and strategic thinking to the role of Chief Financial Officer. At least as significantly, Brad brought an unrelenting focus on investing in people, profitability, and cash flow. Over the past 17 years under Brad, Expeditors has increased its dividend from US$0.32 to US$1.54 and has returned a total of US$12.0 billion to shareholders through share repurchases and dividends.

Dave Hackett joined Expeditors in May 2024 as Vice President, Finance. Prior to Expeditors, Hackett served in many roles across finance at NIKE, Inc. for nearly 16 years, with seven of these years as a Vice President in the finance and strategy function as part of the NIKE Corporate Leadership Team. During his time at NIKE, he led external reporting, was Controller of North America and Vice President of Global Treasury and Financial Risk Management. Prior to NIKE, Hackett spent nearly nine years in the audit function of KPMG where he was a Senior Manager and led the audit teams for some of the firm’s largest public clients in the Pacific Northwest.

NTG Nordic Transport Group announced the appointment of Daniel Leegaard Heede as Group Chief Information Officer (Group CIO), effective 01 October 2025. In his role, Daniel will oversee NTG’s global information technology operations and infrastructure and lead the ongoing initiatives to further promote digitalisation and scalability across the group.

Daniel joins NTG with significant expertise spanning all facets of the information technology area, including global application operations and development, infrastructure architecture, and M&A integrations. Since 2017, Daniel has held various leadership positions in Global IT at DSV, most recently as Deputy CIO & Head of Enterprise Operations Development. Prior to joining DSV, Daniel spent nearly a decade within Global IT at Ørsted.

Recognising the growing importance of digitalisation in the ever-evolving freight forwarding landscape, NTG has decided that the Group IT function will be represented directly within the Company’s Group Management team. Following Daniel’s commencement on 01 October 2025, the Group Management team will comprise:

Mathias Jensen-Vinstrup, Group CEO
Christian Jakobsen, Group CFO
Daniel Leegaard Heede, Group CIO
Jesper Petersen, CEO Road & Logistics
Diederick de Vroet, CEO Air & Ocean
Peter Grubert, Executive Vice President

GXO has announced that Baris Oran plans to step down from his role as Chief Financial Officer to pursue new opportunities. Mr. Oran will remain in his role until a successor is named to ensure a smooth transition.

The Rhenus Group announced three strategic leadership appointments that will play a pivotal role in driving the Company’s next phase of growth, innovation, and regional integration. These appointments are part of a broader transformation within the Air & Ocean division of the Rhenus Group, aimed at aligning leadership with evolving market dynamics and strengthening the Company’s ability to deliver customer-centric solutions across key geographies.

Effective 01 August 2025, Joachim Hanssen has assumed the role of Chief Executive Officer, Asia Pacific (APAC). Joachim will also oversee Greater China, Central Asia & Turkey as part of his scope of work. With over two decades at Rhenus, Joachim has been instrumental in expanding the Company’s footprint across Asia. His leadership has been marked by operational excellence, cultural fluency, and a strong focus on regional growth. Joachim’s appointment positions Rhenus to unify and scale its APAC operations with greater strategic cohesion.

Effective 01 October 2025, Alberto Martinez will take on the role of Chief Executive Officer, Europe (EU). Currently serving as Vice President Global Ocean Freight, Alberto has led the development of Rhenus’ global ocean freight strategy, expanded trade lanes, and built strong carrier partnerships. His leadership has built up a global ocean freight structure, driven commercial growth and strengthened Rhenus' position as a global ocean freight forwarder. Alberto is well positioned to lead the European region, one of Rhenus’ most complex and strategically vital markets, into the next phase of development. Alberto will succeed Markus Lingohr, who will retire in 2026, with a structured transition already underway.

Rhenus is pleased to announce the appointment of Renee Toh as Vice President Global Ocean Freight, effective 25 September 2025, succeeding Alberto Martinez. Renee brings over 20 years of global experience in ocean freight and trade management, with a strong track record in leading cross-functional teams and delivering commercially driven solutions. Prior to joining Rhenus, she covered the position as Head of Global Ocean Freight Procurement at CEVA Logistics, where she played a key role in optimising procurement strategies and enhancing global carrier partnerships. Her appointment underscores Rhenus’ commitment to strengthening its global product strategy and enhancing service delivery across international trade lanes.

The newly appointed leaders bring deep expertise, global perspective, and proven track records in building high-performing teams and scalable logistics solutions. Their new roles reflect Rhenus Group’s commitment to investing in leadership that can translate global strategy into regional execution.

4RCargo has appointed Paweł Rogala as the new Country Manager in Poland, bringing onboard his 15 years of experience within the logistics industry as the General Sales and Service Agent (GSSA) continues to increase its European footprint.

Rogala will work closely with the local team to strengthen existing customer relations whilst driving new training and development initiatives tailored to meet partners’ needs.

As Country Manager in Poland, Rogala will be responsible for developing 4RCargo’s service offering, focusing on the evolving Polish market as demand for specialised cargo, such as pharma, eCommerce, and temperature-controlled shipments, increases in line with Poland’s projected GDP growth, unmatched across other European economies.

This appointment comes amidst 4RCargo’s ongoing European expansion, having opened a new office in Slovakia and appointing a new Country Manager in Austria recently.

Freightos announced that Udo Lange, who joined the board in 2019, was appointed Non-Executive Chairman and that Rotem Hershko joined as a Director, both effective 28 July 2025.

Lange, currently CEO of Oslo-listed Stolt-Nielsen and a Freightos board member since 2019, has over 30 years of logistics leadership spanning international, ground, courier, and contract logistics. His experience includes roles as FedEx President of Healthcare, Logistics and Americas International, membership on the FedEx Senior Management Committee, and advising the White House Supply Chain Disruption Task Force.

Hershko joins the board with a unique combination of platform, technology and logistics expertise from leadership roles at Maersk and Amazon. As Director of Product at Amazon Global, he owned multibillion-dollar P&Ls spanning global eCommerce operations. Afterwards, as Chief Product Officer at A.P. Moller - Maersk, he led a pivotal digital transformation while building a digital product organisation of thousands.

Freightos has continued to make strides in connecting players across the supply chain, recently announcing an annualized run rate of over 1.5 million platform transactions, following 22 quarters of consecutive transaction growth.