FedEx announced the filing of the Form 10 registration statement with the US Securities and Exchange Commission (“SEC”) for the planned spin-off of FedEx Freight. The filing reflects the strong progress being made toward the launch of FedEx Freight as a focused, industry-leading LTL company.

With 39,000 employees, FedEx Freight is set to be the largest North American less-than-truckload (“LTL”) freight carrier.

The Form 10 highlights how FedEx Freight will:

> Leverage its comprehensive national LTL network, industry-leading scale, and premium, differentiated, flexible model to strengthen customer relationships, deliver best-in-class transit times and reliability, and deepen its position in the resilient and attractive LTL market.

> Execute a focused commercial and operational strategy centred on high-growth verticals, technology and infrastructure investment, and ongoing efficiency initiatives to enable meaningful growth, extend its competitive leadership, and maximise the benefits of a streamlined, LTL-focused operating model.

> Drive sustained profitable growth, strong cash generation, and disciplined capital allocation to fund high-return innovation and network investments and responsibly return capital to stockholders over time.

FedEx Freight is expected to be spun off from FedEx on 01 June 2026, subject to final approval from the FedEx Board of Directors and other customary conditions. FedEx Freight’s common stock is expected to be listed on the New York Stock Exchange under the ticker symbol “FDXF.”

Goldman Sachs & Co. LLC is serving as the financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel.

FedEx Freight will host an investor day on 08 April 2026, in New York City. Over the course of the event, members of the leadership team will provide details on FedEx Freight’s differentiated positioning, compelling financial model, and future growth prospects.

AMPORTS announced the acquisition of Red Hook ConRo Terminals’ operations at Port Freeport, expanding its stevedoring services and strengthening its ability to deliver integrated port services across the US.

The acquisition builds on AMPORTS’ strategic entry into stevedoring operations, which began in November 2024 at its Benicia, California terminal, followed by the launch of stevedoring services at the Atlantic and Chesapeake terminals in Baltimore in June 2025. With the addition of Port Freeport, AMPORTS extends its stevedoring capabilities to the Gulf Coast, completing a coast-to-coast operational footprint in key US markets.

Port Freeport is one of the fastest-growing ports in the US and serves as a strategic gateway for domestic and international trade. The addition of this terminal further positions AMPORTS as a critical enabler in its customers’ supply chains, offering consistent service standards, safety practices, and communication across regions.

AMPORTS’ stevedoring operations are designed to reduce handoffs, improve cargo visibility, and accelerate processing by integrating vessel operations with terminal processing. At existing locations, this approach has resulted in improved productivity, reduced dwell time for OEMs and supply chain partners.

Red Hook ConRo Terminal brings more than 10 years of experience in stevedoring and terminal operations, supported by specialised equipment and an experienced workforce. Operations at Port Freeport will continue with the existing team, maintaining a strong focus on operational excellence and customer satisfaction.

The acquisition underscores AMPORTS’ long-term commitment to investing in infrastructure, people, and integrated port services, from waterside operations to inland distribution, delivering speed, accuracy, and value in a complex and high-demand logistics environment.

J.B. Hunt Transport Services, Inc. announced Q4, 2025 net income of US$181.1 million, UP 16.4% versus Q4, 2024 net earnings of US$155.5 million. Operating income reached US$246.5 million, up 19.0% as revenue fell 2.0% to US$3.10 billion.

The Company finished the year with another quarter of strong execution and financial results. It also achieved a record year in safety for the third consecutive year. For the full year 2025, revenue was US$12.00 billion, down 1.0% as operating income climbed to US$865.1 million, up 4.0%.

Total operating revenue for the current quarter was US$3.10 billion, compared with US$3.15 billion for Q4, 2024, a decrease of 2.0%. Current quarter total operating revenue, excluding fuel surcharge revenue, decreased 2.0% versus the comparable quarter 2024. This decrease was primarily driven by a 2.0% and 4.0% decline in revenue per load excluding fuel surcharge revenue in Intermodal (JBI) and Truckload (JBT), respectively, a 1.0% decline in average trucks in Dedicated Contract Services (DCS), and a 7.0% and 2.0% decline in load volume in Integrated Capacity Solutions (ICS) and JBI, respectively. The decline in revenue, excluding fuel surcharge revenue, was partially offset by a 15.0% increase in volume in JBT, a 1.0% increase in productivity, excluding fuel surcharge revenue, in DCS, and an increase in revenue per load in ICS.

Operating income for the current quarter increased 19.0% to US$246.5 million versus US$207.0 million for Q4, 2024. Prior-year quarterly operating income was negatively impacted by pre-tax charges of US$16.0 million for intangible asset impairments. After consideration of this charge, operating income increased primarily due to execution on initiatives to structurally lower costs, improved productivity across the organisation and lower personnel-related expenses. On a consolidated basis, operating income as a percentage of consolidated gross revenue increased year-over-year as a result of aforementioned items, partially offset by higher equipment-related costs and fuel expense as a percentage of gross revenue.

Intermodal (JBI)
Fourth Quarter 2025 Segment Revenue: US$1.55 billion; down 3.0%
Fourth Quarter 2025 Operating Income: US$135.5 million; up 16.0%

Intermodal volume decreased 2.0% over the same period in 2024. Transcontinental network loads decreased 6.0%, while eastern network loads increased 5.0% compared to Q4, 2024. Sequentially, volumes improved 2.0% from Q3, with stronger sequential volumes in both Eastern and Transcontinental networks. Demand trends for intermodal service were seasonally strong during the quarter. A decision to prioritise network balance during bid season and more normalised freight flows between the West Coast and East Coast ports pressured Transcontinental volumes compared to the prior-year period. Volume growth in the Eastern network continues to be driven by the strong value proposition for customers and continued Highway to rail conversion. Segment gross revenue decreased 3.0% for the quarter versus the prior year driven by a 2.0% decrease in load volume and a 1.0% decrease in revenue per load resulting from changes in mix of freight, customer rates and fuel surcharge revenue. Revenue per load excluding fuel surcharge revenue was down 2.0% year-over-year. Operating income increased 16.0% in Q4 primarily from improved network balance, efficiency improvements in the drayage network and continued execution on the initiative to lower cost to serve. During the quarter, a more balanced network resulted in fewer empty container moves, lower container storage expense and improved productivity and pricing from third-party drayage providers, leading to efficiency gains across the intermodal network.

Dedicated Contract Services (DCS)
Fourth Quarter 2025 Segment Revenue: US$843.0 million; up 1.0%
Fourth Quarter 2025 Operating Income: US$98.4 million; up 9.0%

DCS revenue increased 1.0% during the current quarter over the same period in 2024, driven by a 1.0% improvement in productivity (revenue per truck per week) partially offset by a 1.0% decline in average trucks. Productivity, excluding fuel surcharge revenue, increased 1.0% from a year ago driven by increases in contracted indexed-based price escalators. On a net basis, there were eight fewer revenue producing trucks in the fleet by the end of the quarter compared to the prior-year period, and 63 fewer versus the end of Q3, 2025. Customer retention rates are approximately 94.0%. Operating income increased 9.0% from the prior-year quarter primarily from higher revenue combined with lower insurance claims expense, continued execution on initiatives to lower cost to serve and the maturing of new business onboarded over the trailing twelve months. These items were partially offset by increased equipment-related expenses.

Integrated Capacity Solutions (ICS)
Fourth Quarter 2025 Segment Revenue: US$305.0 million; down 1.0%
Fourth Quarter 2025 Operating (Loss): US$(3.3) million; vs. US$(21.8) million in Q4, 2024

ICS revenue decreased 1.0% in the current quarter versus Q4, 2024. Overall segment volume decreased 7.0% versus the prior-year period. Revenue per load increased 6.0% compared to Q4, 2024 due to higher contractual and transactional rates. Contractual volume represented approximately 65.0% of the total load volume and 66.0% of the total revenue in the current quarter compared to 63.0% for both in Q4, 2024. Operating loss was US$3.3 million compared to an operating loss of US$21.8 million in Q4, 2024. Q4, 2024 included US$16.0 million of pre-tax intangible asset impairment charges. After consideration for these charges, operating loss improved largely due to lower personnel-related expenses, lower equipment and facility rental expense and lower bad debt expense. These items were partially offset by higher third-party purchased transportation expense in the quarter. Gross profit decreased 29.0% as a result of lower gross profit margins compared to the prior-year period primarily from lower gross profit margin on contractual business. Gross profit margins decreased to 12.4% in the current period versus 17.3% in the prior period as a result of a lack of project work in Q4 this year as compared to the prior year and elevated purchased transportation costs as a result of tighter market capacity conditions. ICS carrier base increased 15.0% year-over-year following declines last year from changes made to carrier qualification requirements to mitigate cargo theft.

Final Mile Services (FMS)
Fourth Quarter 2025 Segment Revenue: US$206.0 million; down 10.0%
Fourth Quarter 2025 Operating Income: US$7.5 million; down 43.0%

FMS revenue declined 10.0% compared to the same period 2024. The decline was primarily driven by general soft demand across many of the end markets served and a change in mix between asset-based and asset-light businesses within FMS. Operating income decreased 43.0% compared to the prior-year period primarily driven by the decline in segment revenue and higher equipment-related expense as compared to the prior-year period. These items were partially offset by lower personnel-related costs, lower equipment and facility rental expenses and progress on initiatives to lower our cost to serve.

Truckload (JBT)
Fourth Quarter 2025 Segment Revenue: US$200.0 million; up 10.0%
Fourth Quarter 2025 Operating Income: US$8.4 million; down 2.0%

JBT revenue increased 10.0% compared to the same period in the previous year. Revenue, excluding fuel surcharge revenue, increased 10.0% primarily due to a 15.0% increase in load volume partially offset by a 4.0% decrease in revenue per load excluding fuel surcharge revenue versus the prior-year period. Total average effective trailer count increased by approximately 130 units, or 1.0% versus the prior-year period. Trailer turns in the quarter were up 12.0% from the prior period primarily due to continued focus on improving trailer utilisation and maintaining network balance. JBT operating income decreased 2.0% to US$8.4 million versus Q4, 2024.The decrease in operating income was primarily driven by higher third-party purchased transportation costs as the truckload market tightened throughout Q4. JBT segment operating income as a percentage of segment gross revenue decreased year-over-year due to the aforementioned item as well as higher insurance and claims expense and equipment-related costs. J.B. Hunt’s 360box volume increased 11.0% versus Q4, 2024 as JBT continues to leverage the J.B. Hunt 360° platform to grow capacity and capabilities for this service offering.

At 31 December 2025, the Company had total debt outstanding of US$1.47 billion on various debt instruments compared to US$1.48 billion at 31 December 2024, and US$1.60 billion at 30 September 2025. Net capital expenditures for 2025 approximated US$575.0 million vs. US$674.0 million in 2024. At 31 December 2025, the Company had cash and cash equivalents of US$17.0 million.

DP World has reached a historic milestone at its Port of Callao terminal, becoming the first port terminal on South America’s West Coast to handle more than 2.0 million twenty-foot equivalent units (TEUs) in a single year. The achievement reflects sustained infrastructure investment, expanded capacity, and operational efficiencies that continue to strengthen Callao’s role as a leading regional logistics hub.

The record volume represents a 22.0% increase compared to 2023, the year prior to the commissioning of the Bicentennial Pier, highlighting the terminal’s ability to support growing trade volumes while improving service reliability for importers and exporters.

By reaching this milestone, DP World’s terminal further consolidates the Port of Callao’s position as the most active and competitive container port on South America’s West Coast, enabling greater connectivity to global markets and supporting Peru’s long-term trade growth.

Just a decade ago, 2.0 million TEUs represented the total volume handled by all ports in Peru combined. Today, this volume is being reached by a single terminal, reflecting how strategic investment in modern port infrastructure can transform a country’s trade capacity and strengthen its position within global supply chains.

The terminal’s operational performance is translating into tangible economic benefits. According to estimates DP World’s terminal on the South Pier contributed more than US$316.0 million to Peru’s gross domestic product (GDP) and powered an estimated US$23.6 billion in economic activity across Peru in 2024 alone, demonstrating how efficient port infrastructure supports competitiveness, investment attraction, and job creation across the logistics and production value chain.

The record-setting performance was enabled by the Bicentennial Pier, a US$400.0 million investment that increased the terminal’s operational capacity by 80.0%. The expansion allows the terminal to serve larger vessels, operate with greater efficiency, and reduce congestion, positioning the port to meet rising trade demand while enhancing service reliability.

DP World’s operations play a critical role in facilitating Peru’s export economy, particularly in the agro-export sector. As of November 2025, the Port of Callao handled 55.8% of Peru’s total agricultural exports, with 35.2% moving through DP World’s terminal. Key exports include avocados, grapes, blueberries, mandarins and mangoes, supporting Peru’s integration into global food supply chains.

Beyond annual performance, DP World’s long-term contribution to the national economy remains substantial. DP World’s operations at Callao generated a cumulative US$3.05 billion economic impact between 2010 and 2024, while contributing US$527.0 million in fiscal revenues to the Peruvian government over that period, resources comparable to major public investments in education, health care, and infrastructure.

J&T Global Express and S.F. Holding have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD8.3 billion.

Pursuant to the agreement, J&T Express will issue 822 million Class B Shares to SF Holding at an Issue Price of HKD10.10 per share; simultaneously, SF Holding will issue 226 million H Shares to J&T Express at a Subscription Price of HKD36.74 per share. Upon completion, SF Holding will hold 10.0% of the issued shares of J&T Express as enlarged by the issuance, and J&T Express will hold approximately 4.29% of the issued shares of SF Holding as enlarged by the issuance.

This collaboration is designed to deeply integrate the resources of both industry leaders. The goal is to jointly construct a more extensive, efficient, and resilient global integrated logistics network, better positioning both companies to serve Chinese companies expanding overseas and adapt to the evolving landscape of the global eCommerce logistics market.

The cross-shareholding structure aims to unlock highly complementary strategic synergies. J&T brings its extensive last-mile network and localised operational experience across 13 countries, pairing effectively with SF Holding's core resources and mature operating systems in cross-border first-mile and line-haul. Together, the parties will enhance the network coverage and competitiveness of their end-to-end cross-border logistics solutions. In the China market, large complementarities in network resources, customer bases, product structures, and differentiated positioning will create broad opportunities to expand service boundaries.

This cross-shareholding marks a major milestone, elevating the relationship from operational collaboration to a closer, mutually beneficial strategic partnership. They will work together to build a more efficient global smart logistics network, seize the historic opportunities created by Chinese enterprises going global and the rise of cross-border eCommerce, and deliver greater value to customers across global supply chains.

DFDS has reported ferry – freight total volumes in December 2025 of 3.0 million lane metres, 1.2% above 2024 and 0.4% lower adjusted for route changes. The full-year growth rates were -0.1% and -1.8%, respectively.

North Sea volumes were above 2024 driven by higher volumes on most routes. Mediterranean volumes were as expected below 2024 due to capacity reductions. Channel volumes were above 2024 driven by the new Jersey volumes as the total Dover Strait volumes were on level with 2024. Baltic Sea volumes were just below 2024 while Strait of Gibraltar volumes were above 2024.

In 2025, the total transported freight lane metres decreased 0.1% to 41.5 million from 41.5 million in 2024 and decreased 1.8% adjusted for route changes.

On the ferry – passenger side of the business, the number of passengers in December 2025 was, adjusted for route changes, down 2.7% to 329,000 vs 2024 and the adjusted full-year growth rate was -4.4%. The December decrease was mainly due to lower volumes on Strait of Gibraltar. The number of cars in December was on level with 2024 adjusted for route changes.

In 2025, the total number of passengers decreased 21.1% to 5.2 million compared to 6.6 million in 2024. The decrease was 4.4% adjusted for route changes.

DFDS reports monthly ferry volumes for freight and passengers to provide insight into the development of volume trends in its European route network enabling trade and travel in and around Europe. The January 2026 volume report is expected to be published on 12 February 2026.

GOFO has released its 2025 Annual Review. In 2025, the Company delivered more than 100 million packages across the US. The milestone reflects GOFO's evolution from early capability building to a nationwide logistics solutions provider and its ability to maintain reliable, high-performance service through both peak and non-peak periods.

GOFO's journey began in Los Angeles in August 2023, when founder Henry Zheng set out to build a logistics network shaped by the needs of US shippers and consumers. Having grown up in Southern California and built his career in the US business environment, Henry brought a locally grounded perspective to the Company, with a belief that dependable last-mile delivery should feel seamless for customers from coast to coast.

What began as a focused regional operation has since grown into a nationwide logistics solutions provider. As of December 2025, GOFO scaled its network to cover more than 40 states, 120+ hubs and stations, and over 8,500 ZIP codes, reaching more than 70.0% of the US population. As the network expanded to national scale, GOFO established two coast-to-coast Super Hubs in New Jersey and Los Angeles to strengthen nationwide linehaul capacity and large-scale sorting throughput, supporting the Company's long-term growth on both coasts.

Guided by its philosophy, Drive Efficiency, Deliver Trust, GOFO combines technology with localised operations to deliver cost-efficient, dependable last-mile service at scale. Through close collaboration with major eCommerce platforms and merchants serving the US market, GOFO helps platforms and sellers reach diverse US regions with consistent performance and greater predictability.

GOFO's 2026 pricing commitment is supported by ongoing efficiency improvements across its network. At key hubs and stations, the Company has deployed automated sortation equipment, along with automated induction and package handling, to reduce manual touchpoints and improve throughput. GOFO is also strengthening network planning and routing to reduce unnecessary miles and re-handling. Together, these upgrades help lower unit operating costs, enabling GOFO to hold service fees flat for 2026 while continuing to improve service quality and delivery efficiency.

Looking ahead, GOFO will continue to deepen network density and take cost out of the operation through disciplined execution and targeted technology investment. That work is practical and every day: fewer manual handoffs across hubs and stations, fewer unnecessary miles on the road, and more integrated planning across linehaul and last-mile operations. As volume grows, GOFO will continue expanding automation in key sites and refining network planning and routing to support consistent performance across diverse US markets.

These efficiency improvements also support GOFO's approach to sustainable growth. Reducing re-handling and avoidable miles helps lower fuel use and operational waste, while more streamlined processing can improve energy efficiency across the network. They also reinforce GOFO's ability to hold service fees flat in 2026 without compromising service performance. This reflects GOFO's focus on delivering efficiency gains through execution improvements rather than passing cost volatility through to customers.

Berli Jucker Logistics (“BJL”), under the BJC Big C Group, and DHL Supply Chain Thailand announced the formation of joint venture company aiming to raise BJC Big C Group’s logistics operations to global standards and accelerate growth in high-potential healthcare markets.

This partnership brings together BJC Big C's strong local footprint and healthcare expertise with DHL's global supply chain capabilities and proven track record in healthcare logistics. Kenny Thai has been appointed Chief Executive Officer of the joint venture company with a combined workforce of 2,500 from BJC Big C and DHL Supply Chain.

The joint venture will focus on delivering specialised, compliant logistics solutions for Thailand's fast-growing healthcare sector, which is projected to reach THB645.0 billion (€16.9 billion) by 2030. By integrating DHL’s global healthcare logistics standards with BJC Healthcare's deep understanding of Thailand's regulatory landscape and clinical environment, the Company aims to set new benchmarks for quality and reliability, thereby supporting Thailand's ambition to become a regional medical hub.

DHL Supply Chain will contribute advanced logistics capabilities, including warehouse automation, Operations Management System (OMS), and real-time tracking systems, to enhance operational efficiency, accuracy, and end-to-end visibility across healthcare supply chains.

Sustainability will be embedded across operations, from facilities to transportation, in line with DHL Group and BJC Big C Group’s ambition to achieve net-zero greenhouse gas emissions by 2050. The joint venture company will adopt internationally recognised sustainable logistics practices that support both global and national climate goals.

The joint venture company will deliver comprehensive healthcare logistics capabilities across three core pillars of:

> Healthcare-Specific Infrastructure: Multi-temperature-controlled warehouses and cold-chain facilities compliant with Good Distribution Practice (GDP) standards for biologics, vaccines, specialty medicines, temperature-controlled injectables, and critical medical supplies.

> Healthcare-Trained Professionals: Specialised workforce development programmes combining DHL's global healthcare logistics training with BJC Healthcare's local regulatory and clinical knowledge, ensuring personnel are equipped to handle sensitive healthcare products with precision and care.

> Healthcare-Grade Compliance: Robust quality management systems, standardised operating procedures, digital traceability, and adherence to Thai FDA regulations, GDP, and GMP (Good Manufacturing Practice) requirements.

Aligned with Thailand's healthcare priorities, the joint venture will improve access to quality medicines nationwide and strengthen the country’s position as a regional medical hub. Tapping on BJC Healthcare's network of over 1,271 hospitals, 2,687 clinics, and 4,688 pharmacies, combined with DHL's global healthcare distribution expertise, the Company will deliver reliable healthcare logistics services beyond major cities to communities across Thailand.

The joint venture will invest in workforce development through international training programs and knowledge transfer, ensuring its employees are equipped with advanced skills in technology, Artificial Intelligence, and healthcare quality standards.

The market is seeing fundamental shifts in healthcare supply chains; aging populations across Asia, the rise of precision medicine, increasing regulatory sophistication, and growing expectations for sustainability and transparency. As healthcare becomes more complex, Thailand needs logistics infrastructure that can compete on a global stage. By combining two decades of partnership experience with BJC Big C with and DHL’s global healthcare logistics expertise, the JV is creating a new benchmark not only for Thailand, but for the region. This partnership positions Thailand at the forefront of healthcare logistics excellence in Southeast Asia.

STG Logistics, Inc. is taking important steps to strengthen its financial foundation and balance sheet to continue investing in its nationwide port-to-door network.

The Company has entered into a Restructuring Support Agreement ("RSA") with its equity sponsors and lenders holding a requisite majority of STG's funded debt to significantly reduce the Company's outstanding debt obligations and secure up to US$150.0 million of new capital from the Company's existing lenders, strengthening STG's balance sheet to support future growth and positioning STG for long-term success by significantly reducing interest expenses and providing the Company with ample liquidity.

STG and certain affiliates have initiated a court-supervised restructuring process that will significantly reduce debt and provide new capital to advance strategic initiatives, strengthen its market position, and solidify a promising future. Chapter 11 does not mean the Company is going out of business or liquidating; it is a court-supervised process in the US where companies can improve their financial situation while operations continue.

STG is confident that leveraging the chapter 11 process will best position the business for long-term growth and success. These actions will allow it to continue serving customers, contractors, and partners with the highest service and reliability. With the support of key financial stakeholders, it has a clear plan and expect to move through this process quickly.

In addition to cash on hand, STG intends to use up to US$150.0 million of new money debtor-in-possession (DIP) financing from certain of the Company's existing lenders to support core business operations during the chapter 11 process.

Importantly, the Company continue to operate business as usual, with no anticipated disruption to go-forward payments for valued partners to ensure continuity of its on-time, port-to-door services that customers rely on across its network.

CFS and transload, contract logistics, drayage, intermodal, OTR, and LTL services are continuing without interruption. Customer contacts, schedules, and day-to-day processes remain unchanged.

Sitra Group has acquired Marlep Tanklogistik GmbH, a German based international transport company of temperature-controlled liquid raw materials for the food industry.

Established in 1962, Sitra Group is a family-owned business with its headquarters in Belgium, annual turnover in excess of €300.0 million and over 1,600 employees located in 12 countries. Sitra operates more than 1,000 owned trucks and 2,500 trailers/containers including liquid and powder food tankers.

Marlep Tanklogistik is a German headquartered tanker operator specialising in the liquid foodstuff industry, with a turnover of €30.0 million, employing over 100 people and operating 50 trucks and 70 trailers. As well as its headquarters in Hamburg, Germany, it also has a key operating site near to Gdansk, Poland.

Marlep was founded in 2010 by Lars Johannsen, who will exit the business along with strategic investor, Boettger Logistik GmbH. Marlep will continue to be run by the current Managing Director, Marlon Roda.

Sitra Group is owned by the Saelens family and Creafund, an evergreen investment company that entered the business in 2021.

Sitra was advised by Scouting Capital Advisors (M&A advisor, Italy) and Rödl (Legal/tax/financial advisor and due diligence provider, Germany). Marlep was advised by Nachfolge 360 (M&A advisor, Germany) and Hogan Lovells (Legal advisor, Germany).

Marlep represents a significant geographical expansion of the Company’s European network. Sitra has an ambition to reach €500.0 million of annual turnover in the next few years through organic growth and a buy-and-build plan, which has already seen Ricotto (Italy), Abbey Logistics Group (UK) and Albert Keijzer (Netherlands) join the group in the past three years.

Koch Companies announced that it has acquired Store Opening Solutions (SOS), a pioneer in retail inventory consolidation based in Murfreesboro, Tennessee, US, from Marmon Holdings, Inc. The news coincides with Koch’s 50-year anniversary in 2026.

Bringing SOS into the Koch Companies family represents a meaningful step in a long-term strategy to strengthen and expand the Company’s logistics, fulfilment, and trucking capabilities.

The strategic acquisition is poised to strengthen the warehousing and fulfilment structure of the fast-growing Koch Logistics division. Already one of the Midwest’s largest privately owned third-party logistics solutions providers, boasting more than 278,709 m2 in warehouse facilities, the acquisition doubles the Company’s nationwide warehouse footprint.

Store Opening Solutions has a long history of serving retailers with store opening, expansion, and remodel needs. The Company is experienced in addressing the ever-changing inventory challenges that retailers face during store openings and remodels. It has five locations in Tennessee, Mississippi, and New Hampshire. SOS’s strong client base in the retail industry also contributed to Koch’s decision to acquire the Company, as did its decades-long partnership with the Company.

Koch has built and maintained an operational team onsite in the Murfreesboro location since 1999. Together, the two organisations have partnered to support some of the country’s largest retailers through store expansion and brand conversion.

Looking ahead, Koch Companies will continue to emphasise strategic acquisition activities, with a focus on warehousing and fulfilment.

SeaCube Cold Solutions, backed by SeaCube Container Leasing, a leading investor in refrigerated equipment, has acquired Martin Container, the long-standing and well-established portable cold storage container company serving the West Coast of the US. This strategic alignment brings together SeaCube’s expanding national infrastructure with Martin’s trusted regional expertise, creating a more connected and responsive cold storage network for customers across the US.

Since launching in 2025, SeaCube Cold Solutions has focused exclusively on portable cold storage, providing dedicated, reliable refrigeration solutions to grocery retailers, food distributors, agriculture, festivals, restaurants, pharmaceuticals, and logistics operators as well as other industries. Martin Container further strengthens that commitment, adding nearly 50 years of customer relationships and service excellence throughout California, Arizona, and Nevada.

Demand for portable cold storage continues to rise across the Southwest and Pacific regions. With Martin Container’s strategically located operations near the Ports of Los Angeles and Long Beach now integrated into SeaCube’s depot and transportation network, customers will benefit from:

> Faster delivery and improved regional coverage
> Increased service capacity backed by SeaCube’s national fleet
> Expanded access to energy-efficient refrigeration technology
> Enhanced reliability supported by digital monitoring systems

The result is a more resilient, more responsive service model for industries that depend on portable cold storage to protect product quality and reduce waste.

Customers of both companies can expect a smooth, stable transition with full continuity of day-to-day operations, supported by new advantages. The Martin Container team will continue delivering the same reliable service they’ve provided for decades, now backed by SeaCube’s national resources, technology, and expertise. With an expanded distribution network, customers will also benefit from faster delivery and improved regional coverage across California, Arizona, and Nevada.

The combination of SeaCube Cold Solutions and Martin Container strengthens the cold storage landscape across the country, uniting national capability with established regional expertise. This acquisition preserves Martin’s trusted local presence while accelerating SeaCube’s ability to deliver reliable, scalable, and sustainable portable cold storage nationwide.

Sapling Financial Consultants Inc., served as financial advisor to SeaCube in connection with the acquisition.

Following the successful trans-Suez transits of the Maersk Sebarok and the Maersk Denver, Maersk has decided to implement the first structural change of a service back to the trans-Suez route. This applies to the MECL service, allowing Maersk to return to the service pattern originally designed and to provide customers with the most efficient transit times.

The MECL service is solely operated by Maersk and connects the Middle East and India with the US East Coast.

Maersk will continue to monitor the security situation in the Middle East region very closely, and any alteration to the MECL service will remain dependent on the ongoing stability in the Red Sea area and the absence of any escalation in conflicts in the region. The safety of crew, assets, and customers’ cargo remains the highest priority. Maersk has contingency plans in place should the security situation deteriorate, which may necessitate reverting individual MECL sailings or the wider structural change of the MECL service back to the Cape of Good Hope route.

Since the diversion of the first sailing from the Red Sea route to the Cape of Good Hope route, Maersk has maintained the intent to resume trans-Suez routing when conditions allowed. The Suez Canal is a vital maritime corridor between East and West and a key driver of efficient global supply chains. The route through the Suez, the Red Sea, and the Bab el-Mandeb Strait is the fastest, most sustainable and most efficient way to serve customers with transport between Asia and Europe.

The structural change of the MECL service is a significant milestone in Maersk’s gradual resumption of trans-Suez sailings. The strategic partnership between Maersk and the Suez Canal Authority has played a key role in the planning of the return. Collaboration with the Suez Canal Authority and other strategic partners in the region continues to be critical to ensure that the structural change of the MECL service and any next steps in a gradual trans-Suez return happens in a way that ensures the safety of the operations and safeguards predictability and stability for customers.

DX and Rhenus Logistics have agreed a strategic partnership that will see DX assume responsibility for Rhenus’s two-person home delivery services in the UK and Ireland. Under the terms of the new agreement, DX will become the exclusive delivery partner for Rhenus’s European Home Delivery proposition across the UK and Ireland, with a phased handover in place, as deliveries move into DX’s well-established two-person operations. This will ensure continuity of services for all existing customers.

DX is recognised as a leading player in two-man delivery in the UK and Ireland, providing high service standards and options for complex deliveries as well as rapid on-boarding. Established over 50 years ago, DX has been growing in recent years within the UK logistics market, supporting business and residential customers with parcel, freight, document, fulfilment and final mile services. Its national infrastructure, operational capability and service-led approach provide a robust platform to support Rhenus’s customers, as they transition to DX’s operations.

The partnership means that Rhenus customers will maintain continued access to premium two-person home delivery services. For DX customers and partners, it reinforces DX’s position as a delivery partner of choice for end-to-end logistics requirements and reflects DX’s growing profile with international brands.

The partnership follows DX’s acquisition, in early January 2026, of HBC Logistics, the logistics and same day services business, based in Bedfordshire.

Securing continuity and service quality for customers has been pivotal to Rhenus’ decision. Partnering with DX brings the experience and scale required to provide a premium two-person home delivery service in the UK and Ireland.

Rhenus employees have worked with dedication and professionalism on behalf of customers and it is confident that customers will continue to receive the same high level of service as deliveries transition to DX. Rhenus and DX’s mutual strengths will ensure continuity in delivering a premium offering and service excellence as this change takes place.

For DX, partnerships like this support its ambition to grow with intent, invest in its services and continue building DX as a leading end-to-end logistics partner.

As UK-Central Europe trade continues to grow, cargo-partner is reinforcing its long-established UK-Poland road freight service to meet increasing demand for reliable, transparent and cost-efficient transport.

cargo-partner is aiming to offer faster transit times, higher frequency and greater reliability for customers moving cargo between the two countries.

The upgraded service features more frequent departures, optimised routing and improved consolidation options, responding to rising demand and supporting both full truckload (FTL) and less-than-truckload (LTL) shipments.

Key benefits include:

> Flexible FTL, LTL & groupage options
> ECONOMY, PRIORITY & EMERGENCY services
> Dedicated cross-dock handling
> Full customs support
> Specialist cargo handling
> End-to-end shipment visibility

With regular line-hauls connecting Basildon, Poznań and Brwinów, customers benefit from fixed transit times:
> 3–4 days for FTL/LTL
> 4–5 days for groupage

As of 01 January 2026, Gebrüder Weiss has upgraded its former representative office in Tashkent into a national organisation. With this expansion, Gebrüder Weiss is responding to the growing demand for efficient logistics solutions in Uzbekistan. International customers as well as local companies increasingly require reliable transport and supply chain services in the country, particularly in the agricultural machinery sector. Among other things, Gebrüder Weiss organises the transport of oversized agricultural and construction machinery to Central Asia for this industry.

Uzbekistan’s economic upswing is indeed continuing: in 2025, gross domestic product grew by around 7.0% compared to the previous year, while growth of approximately 6.0% is forecast for both 2026 and 2027. Industry, agriculture, and foreign trade are all on the rise. Reforms and tax incentives are making the country increasingly attractive to foreign investors and are driving demand for high-performance logistics and transport solutions.

Uzbekistan is playing an increasingly important role in the flow of goods between Europe and Asia. Together with Gebrüder Weiss locations in Turkey, Georgia, Armenia, Kazakhstan, and China, the Central Asian country is strengthening Eurasian land routes. The Company has been systematically expanding these connections for many years in order to offer businesses reliable alternatives to air and sea freight – particularly for large-volume industrial and agricultural goods.

Many companies in Uzbekistan are facing the challenge of making their supply chains more reliable and internationally competitive. With an expanded range of services, Gebrüder Weiss can support them in a targeted manner.

The new national organisation will be headed by Kamil Ernazarov, who has held a management position in Tashkent since 2019. Gebrüder Weiss currently employs four people in Uzbekistan and offers land transport services (groupage and full truckloads) as well as air, sea, and rail freight. In the medium term, the service portfolio will be expanded to include warehouse logistics services.

Kintetsu World Express, Inc. (Tokyo, Japan) has announced the renewal of its IATA CEIV Pharma certification at Narita International Airport. The certification is issued under the pharmaceutical logistics quality programme developed by the International Air Transport Association (IATA).

CEIV Pharma is an internationally recognised programme that encompasses country-specific Good Distribution Practice (GDP) requirements and verifies, through independent third-party validation, compliance with global standards for quality management, safety, and regulatory adherence in air transportation. This renewal confirms that KWE’s pharmaceutical transportation operations continue to meet stringent international standards.

Within the KWE Group, CEIV Pharma certification has been obtained at six airport locations across five countries: Japan, France, Germany, the Netherlands, and Belgium. In addition, the Group holds GDP certification at 12 warehouses and terminals in 10 countries worldwide, enabling the provision of pharmaceutical logistics services that comply with local regulations and market requirements on a global scale.

The KWE Group will continue to position the healthcare industry as a strategic focus area. Leveraging its global network and internationally certified quality platform, KWE aims to support the increasing sophistication and diversification of pharmaceutical supply chains while further expanding its pharmaceutical logistics capabilities.

Amazon has successfully started drone flights out of its Darlington fulfilment centre, with the northern city set to become the first location in the UK to launch Prime Air later in 2026. The service will use Amazon’s newest MK30 drone, which operates safely and autonomously using sophisticated, industry-leading detect-and-avoid technology, ensuring the safety of people, pets, and property.

Prime Air is a drone delivery system from Amazon designed to safely get packages, weighing up to five pounds, into customers' hands quickly, in less than two hours.

When the service launches, eligible Prime customers based in the area will be able to opt-in to drone delivery and choose from thousands of products, everyday essentials, beauty items, and office/tech supplies.

Safety is the top priority and Amazon has worked closely with Darlington Council and the Civil Aviation Authority. The MK30 drones are designed to operate quietly and efficiently. The MK30 is as quiet as an average van delivery. Keeping noise and perceived volume to a minimum was a critical priority for the drone development team, who experimented with various propeller designs to meet their goals.

Prime Air systems are built with multiple safety features. The MK30 has received Civil Aviation Authority (CAA) approval to conduct operations. As the MK30 descends for delivery, its onboard systems identify and steer clear of obstacles such as clotheslines or trampolines, items that might not appear in satellite maps.

These same cameras continuously monitor the surrounding airspace during flight, determining whether evasive action is needed to avoid other aircraft entering the drone's flight path. The perception technology relies on sophisticated machine learning models trained to recognise various objects, including people, animals, physical barriers, and other airborne vehicles.

The development team built an independent monitoring computer that oversees the main flight control system. When the monitoring system identifies irregularities during flight, it can instantly switch control to a secondary controller whilst initiating an automated return-to-base procedure.

FedEx has significantly expanded its parcel pickup and drop-off network in Poland. Through an alliance with Żabka, customers now have access to over 12,000 new locations where they can conveniently send and receive shipments. As a result, the total number of FedEx service points in Poland has now surpassed 16,000.

This expansion responds to the evolving expectations of Polish consumers, particularly active internet users, 78.0% of whom have shopped online at least once in a lifetime. But it’s not only the number of eCommerce consumers that’s growing; their expectations are also changing. Today, more than 23.0 million Polish consumers who use e-shop services demand seamless, flexible, and personalised delivery experiences that align with their daily routines.

To meet these expectations, FedEx continues to develop both new services and execute traditional delivery methods, while building an out-of-home delivery network designed to support modern shopping habits and enhance convenience at every stage of the delivery process.

FedEx consumers in Poland can now send and receive parcels at over 12,000 Żabka stores. These locations support small and medium-sized shipments (up to 50 × 40 × 30 cm and 20 kg). In the initial phase, Żabka stores offer domestic shipping services, with international options planned for future rollout. The expanded network also supports the fast-growing returns segment, providing customers with flexible options to send packages at times and locations that suit them.

Beyond Żabka, FedEx offers pickup and drop-off services at over 4,000 additional locations, including popular retail chains such as Kolporter, Epaka, and Furgonetka, as well as selected stores within Delikatesy Centrum, ABC, Groszek, Duży Ben, Stokrotka Express, and Shell— Pointpack S.A., a provider of IT solutions and service infrastructure for the retail and courier sectors, managed the technical implementation of Żabka’s integration into the FedEx network.

To help customers manage their deliveries more efficiently, FedEx offers FedEx Delivery Manager, a free tool that allows users to personalize delivery preferences, track shipments in real time, and redirect parcels to any of the 16,000+ pickup points across Poland.

The FedEx pickup and drop-off network in Poland is a vital part of the Company’s global infrastructure, which includes more than 360,000 locations worldwide.

Royal Mail and Post Office will partner to introduce parcel lockers at Post Office branches across the UK. The six-month trial will see parcel lockers installed outside stores, allowing customers to access them at their convenience, including outside of branch opening hours.

Royal Mail lockers offer another option to send, collect and return parcels. The lockers feature label printing, making the process convenient for customers who do not have access to a printer. To use them, customers need to pay for postage online and get a QR code, or request a QR code if they are returning a purchase.

Royal Mail now has over 24,000 locations where customers can drop off and collect parcels, including 2,400 lockers, 11,500 Post Office branches, almost 8,000 Royal Mail Shop outlets, 1,200 Royal Mail Customer Service Points and 1,400 parcel postboxes.

Post Office is one of Royal Mail’s most important partners, and this is an exciting step forward in how the companies work together.

Oman Air Cargo has expanded its network with the launch of a new Muscat, Oman, to Kigali, Rwanda, route, strengthening trade links between East Africa, the Middle East, and Europe.

The service will operate using scheduled B-737 passenger flights from June 2026, subject to regulatory approvals, adding reliable lift for perishables and time sensitive cargo flows between the regions.

The Company is seeing sustained growth in demand between the Middle East and Africa, particularly for perishables and specialist cargo, and this new route allows it to respond with additional capacity and reach. By expanding its network into East Africa, it is providing exporters with reliable access to its global network and strengthening Muscat’s position as a dependable cargo hub.

The Muscat-Kigali service will support the movement of fresh produce, including fruit, vegetables, and flowers, alongside pharmaceuticals, general cargo, and express shipments originating in East Africa.

Cargo arriving in Muscat will benefit from Oman Air Cargo’s onward connections to the Middle East, Europe, and the Indian subcontinent, positioning Oman as an efficient transit hub for African exports destined for global markets.

HSL Belgium has been awarded a contract to manage the first and last mile operations around the Marshall Dock, in port zone 6A in the Antwerp port, for two years, with a possible extension of another year.

The deal will contribute to a significant expansion of HSL Belgium’s activities in the Port of Antwerp-Bruges and could act as a launch pad for further expansion of its operations in the port.

Port zone 6A includes the Petrol, IJsland and Amerika Zuid terminals. The Company already operates block trains for Exxon Mobil in zone 6A. The new operations will see it add single wagonload (SWL) operations to all terminals in the area to its service offering.

Fast, cheap and free shipping. That’s the promise from Apotea, Sweden’s largest online pharmacy. Together with PostNord, the Company is showing that high delivery performance and reduced carbon footprint can go hand in hand.

Apotea has long set the standard in Swedish eCommerce, combining speed, low prices, and sustainability. Now, its partnership with PostNord has taken the next step, with PostNord managing all outbound transports from Apotea’s logistics centre in Morgongåva.

With new charging infrastructure in both Morgongåva and at PostNord’s Veddesta terminal, electric trucks operate around the clock enabling emission-free, electrifying a larger share of the transport chain than ever before.

Just outside Uppsala, Apotea’s 38,000 m2 logistics centre in Morgongåva handles many millions of deliveries every year. Sustainability is at the core of the Company’s operations, exemplified by a facility certified for low energy use and a rooftop hosting one of Sweden’s largest solar panel systems. And through the collaboration with PostNord and its fleet of electric trucks, a growing share of these deliveries is now completely emission-free.

The new setup with PostNord marks an important shift. Previously, Apotea already used electric trucks for transports between Morgongåva and Stockholm, while the mid-mile between terminals ran on biofuel (HVO). With the new solution, both the first and mid-mile are now operated by PostNord’s electric fleet, creating a fully fossil-free transport chain from warehouse to terminal. The last mile remains unchanged and is still handled by PostNord and other delivery partners in the same way as before.

PostNord also manages return flows back to the terminal and to Morgongåva, creating a circular logistics model that maximises capacity, reduces kilometres driven, and boosts both cost and climate efficiency.

While both PostNord and Apotea have come a long way in the green transition, there are still challenges ahead. For the transition to succeed, consumers need to understand their alternatives yet terms like “fossil free” and “emission free” are often used interchangeably, creating confusion.

The last mile is often the most expensive and polluting part a delivery. There’s huge potential to collaborate and innovate. To cut emissions even further, Apotea is testing deliveries with small electric robots. These vehicles travel from shared pickup points and bring parcels straight to people’s homes. It’s a great example of how technology can solve challenges in last-mile deliveries, which is the final and often most complex stage of a delivery.

At the same time, customer habits are evolving, and the future of last-mile deliveries is still taking shape. More people, for instance, want all their parcels delivered at once rather than in multiple trips.

FIEGE and the filtration specialist MANN+HUMMEL are further expanding their collaboration. Next to operating the Suppliers’ Logistics Centre in Marklkofen, Germany, FIEGE has also taken on logistical process flows for the European aftermarket at the central warehouse in Niederaichbach.

Starting 01 January 2026, FIEGE assumed operations at the centralised spare parts warehouse of MANN+HUMMEL in Niederaichbach. The filtration specialist from Ludwigsburg supplies its European aftermarket with oil and air filters from the roughly 40,000 m2 large logistics centre near Landshut. In line with long-term contractual arrangements, FIEGE will furthermore continue to employ the roughly 200 staff at the location in Niederaichbach.

Since summer 2015, FIEGE has been operating the Suppliers’ Logistics Centre in MANN+HUMMEL's largest global production site in Marklkofen, which was projected and implemented by FIEGE Real Estate. The two long-running partners have also been collaborating closely in China since 2018. Niederaichbach is the next location to be added now to the co-operation.

TVS Supply Chain Solutions has secured a three-year contract from Daimler India Commercial Vehicles (DICV) to manage their in-plant warehouse operations at its manufacturing facility in Chennai. The partnership reinforces TVS SCS’s commitment to delivering efficient, technology-driven supply chain solutions to global automotive leaders. Approximately 700 employees from TVS SCS will be deployed for this engagement.

Efficient in-plant logistics is vital to production success. Partnering with TVS Supply Chain Solutions allows Daimler to leverage their proven expertise and technology-driven approach to enhance its operational performance.

Under the agreement, TVS SCS will manage end-to-end warehouse operations within DICV’s manufacturing facility, ensuring seamless material flow, optimised inventory, and enhanced operational efficiency.

Leveraging advanced technologies including IoT-based tracking for real-time visibility, automation-led systems to reduce manual handling, predictive analytics for smarter planning, and digital dashboards for centralised performance monitoring, will help strengthen DICV’s production ecosystem and support its focus on efficiency and quality.

TVS Supply Chain Solutions’ long-standing partnership with Daimler, combined with its expertise in in-plant logistics, automation-led operations, and real-time visibility solutions, positions the Company well to drive measurable efficiencies.

FedEx has announced the signing of a Memorandum of Understanding (MoU) with the Gems and Jewellery Export Promotion Council of India (GJEPC). The MoU reflects a shared focus on strengthening India’s gems and jewellery export ecosystem by improving access to secure, dependable, time-definite logistics and global markets.

GJEPC plays a central role in advancing India’s gems and jewellery industry through export promotion and member enablement. The sector accounts for 6.8% of India’s total merchandise exports, employing millions across manufacturing, design, and trade. With global demand expected to rise, the Council continues to strengthen member capabilities by enabling access to reliable logistics expertise. Through this MoU, GJEPC brings FedEx on board to support smoother market access, better shipment predictability, and compliance across international trade lanes.

Under the MoU, FedEx will empower GJEPC members through international shipping solutions designed for the specific needs of the gems and jewellery sector. This includes time-definite services, integrated customs clearance, and end-to-end shipment visibility, supported by structured knowledge-sharing initiatives such as seminars, webinars, and focused engagements to strengthen export capabilities.

FedEx has a strong operational footprint in India, with 36 weekly flights operating in and out of the country across Mumbai, Delhi, and Bengaluru, connecting exporters to markets representing over 99.0% of global GDP. Services such as FedEx International Priority enable predictable international movement of high-value shipments. These capabilities are reinforced by investments in advanced analytics and digital infrastructure in India, including the Bengaluru-based AI SATS integrated hub, which supports smarter network planning, improved visibility, and greater resilience across international supply chains.

This MoU brings together GJEPC’s industry leadership and FedEx global logistics expertise to strengthen India’s position in global gems and jewellery trade. The collaboration enhances secure access to international markets for Indian exporters while contributing to sustained trade growth and broader economic momentum.

Swissport has launched its first dedicated perishables centre in the UK at London Heathrow Airport (LHR). The new facility strengthens the Company’s global cool-chain network and supports growing demand for fresh Atlantic salmon. Scan Global Logistics is the first customer to operate from the site.

Producers of temperature-sensitive goods depend on predictable capacity and controlled handling, especially as volumes continue to rise. This setup provides a stable platform that supports both daily operations and long-term growth.

The purpose-built facility, acquired by Swissport in November 2024 to expand perishables handling capacity in the UK, is now operating with Scan Global Logistics as the first partner to establish the dedicated perishables presence on site. Together, the two companies are strengthening capacity, predictability, and handling quality for time- and temperature-sensitive goods, including seafood, fresh produce, and other critical perishables.

The new setup responds to growing demand across Northern Europe and beyond, where exporters require stable uplift windows, fast processing, and consistent cold-chain performance.

The Heathrow facility features temperature-controlled handling areas, operates 24/7, and is purpose-built to meet the stringent requirements of fresh seafood logistics. Covering approximately 2,694 m2, the centre is designed to handle up to 30,000 tonnes of perishables per year.

The site also includes a dedicated Border Inspection Post (BIP), enabling immediate airside inspection and clearance of imported goods. This capability supports faster release times, reduces dwell periods and helps protect product integrity for time- and temperature-sensitive shipments.

As part of the ongoing investment in the facility Swissport will install an EMIS machine in Q1, 2026. It is an automated screening solution that allows dense, palletised seafood shipments to be screened without breakdown. Processing fully built units in a single pass, the system reduces handling steps, shortens queue times and ensures a more predictable, consistent flow. For exporters, this means faster processing, improved schedule reliability, and better protection of product quality during peak periods, while fully meeting EU security requirements.

London Heathrow plays a central role in the global seafood supply chain, with an estimated 200,000 tonnes of salmon transiting the airport each year, including Scottish production. As direct uplift from origin becomes increasingly constrained, specialised hub operations with predictable throughput are becoming essential for exporters across Norway, Iceland, the Faroe Islands and the UK.

Farmed Atlantic salmon remains one of the world’s fastest-growing protein categories. Europe and the Americas each consume around 35.0%-40.0% of global volumes, while industry analysts project production growth of 15.0%-25.0% between 2025 and 2030. These trends are driving higher volumes through major hub airports and increasing the need for robust, temperature-controlled handling solutions.

The three-year alliance between Swissport and Scan Global Logistics supports this growth by providing exporters with reliable capacity, controlled handling, and faster processing at one of the world’s most important air cargo hubs.

The Heathrow perishables centre becomes part of Swissport’s global network of specialised cargo hubs for temperature-sensitive and time-critical goods, including seafood, fresh produce and pharmaceuticals. Swissport operates 117 cargo centres worldwide, handling around 5.0 million tonnes of freight annually.

For Scan Global Logistics, the setup strengthens its growing perishables footprint with dedicated infrastructure and enhanced control over seafood flows into and out of the market. For more than 50 years Scan Global Logistics have delivered goods worldwide and handled temperature goods.

Together, the two companies are delivering a more predictable, resilient, and quality-driven solution for global perishables logistics with the new distribution hub – keeping freshness intact from origin to destination.

CEVA Logistics has opened a new warehouse in Dubai South Free Zone, a rapidly emerging logistics hub for the UAE and the wider Gulf Cooperation Council (GCC) region. The facility will play a pivotal role in supporting CEVA’s customers with efficient, scalable logistics solutions.

Targeted at eCommerce customers, the new multi-user contract logistics facility spans 23,000 m2 with 20-meter-high ceilings. The facility prioritises a reduced carbon footprint, including LED lighting throughout the entire facility, cardboard and plastic recycling stations and 1,600 m2 of solar panels.

Due to high customer demand, local CEVA teams rapidly implemented the warehouse layout and operational set up in a matter of weeks with the site already handling more than 30,000 units per day. The Dubai Chamber of Commerce and Industry forecasted eCommerce to generate US$8 billion in sales in 2025.

CTP has signed a new deal with Crisp, the fast-growing Dutch online supermarket at its state-of-the-art multistorey last-mile logistics hub, CTPark Amsterdam City. Crisp has signed a 15-year lease on around 13,000 m2 of warehouse space and 3,000 m2 of mezzanine space to optimise its operations and support its next phase of growth. At CTPark Amsterdam City, Crisp is consolidating its logistics operations into one ultramodern multistorey facility that will also support the expansion of the firm’s professional production kitchen.

The deal highlights the rapid modernisation of food fulfilment supply chains where logistics, production, and quality control converge under one roof, enabling innovative firms like Crisp to meet rising consumer demand for fresh, ready-to-eat food products. That Crisp, an innovative modern business, has chosen to locate its last mile facilities at CTPark Amsterdam City is evidence of the scheme’s credentials as a sustainable high-quality urban logistics hub located within easy reach of millions of people.

CTPark Amsterdam City is BREEAM Excellent and benefits from an almost entirely self-sufficient energy system that is supported with solar power, wind power, and large-scale battery storage, ensuring a reliable power base for Crisp in an area where power capacity is scarce. CTPark Amsterdam City also enables efficient emission free distribution for occupiers with abundant EV charging points, and direct road and water links to Amsterdam’s canals.

Across Europe more businesses are consolidating their production and supply networks into fewer more advanced last-mile hubs to gain efficiencies, be closer to their customers, and support growth. At the same time power scarcity and grid bottlenecks due to increasing renewable energy integration, demand from electric vehicles, and new investment in grid infrastructure being required, are well known issues in the Netherlands. This is making autonomous facilities like CTPark Amsterdam City with onsite power generation attractive to occupiers that increasingly see this as an essential component for supporting supply chains.

CTPark Amsterdam City is the Netherlands’ first XXL multistorey cityhub, uniquely located in the Port of Amsterdam – Europe’s fourth-largest port – directly on the North Sea Canal and just 3 km from the A10 ring road. The park offers over 120,000 m2 of highly flexible storage and distribution space, with direct access to cross-dock facilities, a private quay for electric inland shipping, and extensive charging infrastructure for emission-free logistics. The site is designed for high-density logistics performance, with around 200 loading docks, advanced cold storage and production facilities.

In constrained markets like Amsterdam where last-mile logistics space is undersupplied, multistorey and high-density logistics facilities such as CTPark Amsterdam City are set to see more demand from occupiers, as they offer the flexibility and scale companies need to expand. Urban logistics facilities in major developed cities including Amsterdam are also especially attractive to high growth SMEs and start-ups that benefit from being located in densely populated areas within easy reach of millions of people.

According to local press reports Amazon is planning to close one of its UK fulfilment centres. The Company is continually evaluating its network and has now announced a consultation on a proposal to close a site in Milton Keynes, which was the first UK Amazon centre to open in 1998.

590 employees affected by the closure will be offered a transfer to its new site in Northampton, which will be employing 1,400 people initially, rising to 2,000, or to other centres. The new facility in Northampton is scheduled to open in May.

SEGRO has signed an agreement with the global logistics company DP World to lease a new 20,439 m2 industrial and distribution warehouse building at SEGRO Park Coventry, UK. The agreement delivers a significant expansion of DP World’s operations at SEGRO Park Coventry. The Company already occupies 55,742 m2 of workspace – its largest warehouse in the UK which opened in 2024 – as a key regional storage and distribution hub.

With an EPC A and BREEAM Excellent rating, the speculatively-built facility incorporates leading edge sustainability credentials, including photovoltaic panels, electric car charging points, LED lighting and solar thermal water heating.

SEGRO is now providing a fit-out of the building to meet DP World’s specifications, ahead of the business taking full occupation in Spring 2026.

Leasing the facility marks another important step in strengthening DP World’s UK logistics network. Expanding its footprint at SEGRO Park Coventry allows it to operate from a high-quality Grade A, multi-user facility that supports growth ambitions and enhances service for customers.

The lease agreement means that one speculatively-built 13,006 m2 unit remains available for immediate occupation, along with up to 222,967 m2 of pre-let, build-to-suit opportunities.

Once fully occupied, SEGRO Park Coventry is expected to employ around 5,000 people. In the Autumn, the development celebrated a success with 56.0% of the existing occupiers’ employees commuting sustainably via walking, cycling, public transport, or car sharing. This is almost triple the original target of 20.0% set for the first year of operation. This achievement highlights SEGRO’s ongoing commitment to delivering environmentally responsible and accessible logistics spaces.

SEGRO has signed a lease with Vinted Go, the logistics arm of Vinted, a leading international group in the online second-hand market, for 23,351 m2 of space in Building A of SEGRO Logistics Park Saint-Martin-de-Crau (13). The lease is scheduled to take effect in 2026

This new location will strengthen Vinted Go's logistics organisation in France, supporting the sustained growth of the Vinted platform and the development of second-hand product delivery. This signing also illustrates the deepening of a long-term partnership between the two companies, with Vinted Go already present in SEGRO's French portfolio, helping to structure and optimise its logistics flows.

Just a few months after signing a lease with an international contract logistics company for a 41,507 m2 space within the same building, this new signing confirms the appeal of SEGRO Logistics Park Saint-Martin-de-Crau and, more broadly, the Marseille region for major logistics and eCommerce players. In total, more than 65,000 m2 have been leased in just a few months within a single building.

Located in the heart of the Mas de Laurent eco-hub, SEGRO Logistics Park Saint-Martin-de-Crau is a modern logistics complex comprising two separate buildings measuring 40,000 m2 and 70,000 m2. Improvement works are currently underway on behalf of Vinted Go to create additional inter-unit access points, enabling greater productivity and operational speed. Close to Marseille-Provence Airport, the port of Fos-sur-Mer, and major highways (N113, A54, A7, and A9), the site offers privileged access to the main consumer markets in southern Europe.

Building A is currently undergoing BREEAM In-Use certification, demonstrating commitment to environmental performance and sustainable development.

SEGRO has fully pre-let a new sustainable logistics centre in Mönchengladbach even before construction has begun. The approximately 26,300 m2 SEGRO Logistics Centre Mönchengladbach has already been fully pre-let to local family-owned company GV Logistik, which will move into the building in January 2027. With this project, SEGRO is underlining its role as a pioneer in sustainable and flexible logistics solutions.

The new logistics centre will have a complete wooden structure – inspired by the successful SEGRO Logistics Centre Hamburg Neu Wulmstorf pilot project, which was completed in spring 2025. In addition to the timber structure, SEGRO is committed to other high sustainability standards, including a photovoltaic system to supply green electricity, an air heat pump, e-charging infrastructure for trucks and charging stations for 20.0% of the 187 car parking spaces. The aim is to achieve DGNB Platinum Standard certification.

The site at Krefelder Straße 690 boasts an excellent location near Mönchengladbach Airport and direct access to the A44 and A52 motorways. Its designation as an industrial area allows for 24/7 operation and offers future users maximum flexibility for hall, office and mezzanine space.

SEGRO acquired the existing property, which dates back to the 1980s, in 2005. After the previous tenants moved out, SEGRO decided to demolish the outdated building and replace it with a modern new construction. Demolition work is already underway. Construction of the new logistics centre is scheduled to begin in March 2026, with completion planned for the end of the same year.

Köster GmbH from Osnabrück is acting as the general contractor for SEGRO. The customer, GV Logistik, was referred by the estate agent Red Property.

With global demand for dairy products projected to increase over the coming decade, Müller UK & Ireland has outlined its next phase of transformation for its site in West Lancashire. The dairy company is investing significantly in the site’s capacity and capabilities to further strengthen its position as a major producer and exporter of powdered milk products made in Britain, with milk from British farms.

As the business works to create a flagship facility for milk drying and dairy ingredients products in Skelmersdale, it has confirmed plans to build an in-house logistics hub for the site.

With a dedicated logistics hub on site, designed to accommodate up to 65 milk collection vehicles, it will support with the collection of raw milk daily from supplying farms.

To support the ongoing investment and growth of the site, the dairy company has confirmed it will recruit up to 90 new roles within a new logistics hub at Müller Skelmersdale. Vacancies will range from drivers and driver trainers to vehicle technicians and logistics support roles.

In addition, following ongoing collaboration with the dairy company’s strategic long-term retail partners, Müller is proposing to move fresh milk and cream production from Skelmersdale to alternative locations within its existing UK network.

As part of these proposals, the business has confirmed a collective consultation at Skelmersdale to assess future operational requirements. Under these proposals, Skelmersdale would become a centre of excellence for milk balancing - strengthening its role in securing supply chain resilience and supporting the wider dairy industry.

While the review potentially places up to 90 roles at risk of redundancy, the final outcome will not be determined until the process has been completed.

Within the proposal, the dairy company would look for potential opportunities of skill redeployment across the wider site and Müller network. The business will approach the consultation in an open and constructive manner, with a commitment to understanding the views of colleagues. All available options will be evaluated thoroughly before making any decisions.

Uniserve, part of GB Global, is pleased to announce its successful collaboration with AKW in establishing a long-term strategic partnership that marks a significant milestone for both businesses.

This partnership includes the leasing and fit-out of a state-of-the-art 15,794 m2 facility in Droitwich, UK, designed to drive operational efficiencies and support sustainable growth for the future.

In recent years, AKW, the UK’s leading manufacturer of accessible bathroom, kitchen and mobility support solutions has experienced exponential year-on-year growth, outgrowing its existing warehouse locations. To accommodate strategic expansion plans and evolving operational needs, AKW appointed Uniserve to source and deliver a modern, accessible and collaborative space that reflects its long-term vision.

The new facility offers prime connectivity via M5 (Junction 5), ensuring excellent accessibility for customers and partners. Of the total space, AKW will occupy 9,290 m2, while Uniserve will utilise the remaining space to enhance its own operations. The facility is BREEAM-Excellent certified, demonstrating a strong commitment to sustainability and setting a benchmark for environmentally responsible operations.

Aptean, a global provider of mission-critical B2B enterprise software solutions, announced the acquisition of OpsVeda, an AI-powered operations command center. Building on Aptean’s recent acquisition of Logility – a market-leading provider of AI-first supply chain management software – this latest move doubles down on Aptean’s vision for an autonomous, end-to-end supply chain platform.

OpsVeda’s real-time, agentic execution capabilities will complement and extend Logility’s advanced planning and optimisation solutions, helping customers move beyond static spreadsheets and siloed data toward continuous, AI-driven orchestration across the supply chain. The result is that businesses will be better positioned to eliminate operational blind spots, accelerate decision-making, and unlock unprecedented agility in today’s volatile environment.

Logility applies advanced AI and optimisation to demand, supply, and inventory planning, giving organisations predictive insights, visibility, and resilience. OpsVeda will add an agentic AI execution layer designed to continuously observe live operational data, reason over changing conditions, and take or recommend actions aligned with business goals and constraints, closing the gap between planning and execution.

Aptean is committed to extending the OpsVeda platform while also integrating its capabilities across Aptean’s portfolio, reinforcing Logility’s position as the intelligence core of an autonomous, AI-enabled supply chain platform and expanding opportunities for the entire Aptean customer community.

Orrick served as legal counsel to Aptean. Telegraph Hill Advisors served as exclusive financial advisor to OpsVeda, and Eversheds Sutherland served as legal counsel.

Toll Group has launched its next-generation digital platform, iCON, designed to deliver smarter, faster, and more sustainable freight management solutions for customers worldwide. Short for information control, iCON is Toll Group’s digital freight management platform that provides forwarding customers with end-to-end visibility and control over their supply chain. For nearly two decades, iCON has helped businesses simplify complex logistics processes with a range of freight management tools.

The latest enhancements make the platform even more powerful and intuitive, enabling customers to manage their freight operations with greater efficiency and insight:

> Improved accessibility to shipment, container, and purchase order tracking via the new modern, user-friendly, and highly customisable interface.
> Greater convenience with a more intuitive workflow for submitting bookings, deliveries, and documents.
> A smoother user experience as the new infrastructure enables faster loading and enhanced responsiveness across the system.
> More reliable information and insights with higher data refresh frequencies.

New capabilities include:

> Overview Dashboard: offers customers a comprehensive overview of all their shipments and exceptions.
> Emissions Tracker: monitors the carbon emissions from shipments.
> Advanced Analytics: analyses the customer’s historical spend, volume, transit time, and other critical shipping metrics.
> Delivery Calendar: enables customers to manage and view all their deliveries easily.

The refreshed iCON is built by a dedicated in-house team using modern technologies, enabling Toll to deliver enhancements in response to customers’ evolving needs rapidly. Trusted by thousands of customers globally, all existing users have now been migrated to the latest version.

Penske Logistics announced it is implementing a new artificial intelligence (AI) platform from Augment following a successful six-month pilot. The new technology supplements Penske's extensive track and trace capabilities and provides its operating teams with another resource to capture up-to-date freight status information for its customers. The move is designed to improve the ease, speed and visibility of freight across the supply chain for customers and associates, with seamless integration into leading transportation management systems.

In the programme's initial phase, Penske will rely on Augment's AI teammate to validate the status of an estimated 600,000 loads. The Company anticipates seeing as much as a 30.0% to 40.0% productivity gain as the system eliminates routine, manual processes and enhances follow-up workflows with carrier dispatchers. These capabilities support efficiencies across the supply chain, including inbound loads, middle-mile movements and final delivery, with additional efficiencies as the platform continues to scale.

Augment's platform complements Penske's existing freight visibility tools by initiating outreach via a call, email or text when shipment status updates are not otherwise available. The AI teammate connects with each carrier's dispatch representatives through their preferred means, which has been welcomed by the carrier community. It also dynamically adapts to each trucking carrier's preferred escalation path and relies on human intervention when needed for exceptions, helping ensure accurate and timely information is reflected in Penske's systems.

Augment's AI teammate operates across the full order-to-cash lifecycle of logistics. It understands the context of every shipment, proactively resolves issues, and acts across systems, email, phone, TMS, portals, and chat, to get work done. From quoting and dispatch to tracking, appointment scheduling, document collection, and billing, it is designed to reduce load touches, shorten cycle times, and free up human operators for higher-value work.

Westmill Foods, one of Europe’s largest specialist food companies, has eliminated two long-standing bottlenecks in its logistics workflow: scattered shipment information and time-consuming invoice verification, by adopting Beacon’s AI supply chain workspace.

Previously, Westmill’s logistics team had to piece together shipment data from multiple daily reports sent by freight forwarders, along with information buried in various carrier portals and spreadsheets. This fragmented setup forced the team to spend valuable time each morning hunting for the details they needed.

Invoice verification faced a similar challenge. Matching purchase order numbers to carriers, routes, and dates required cross-checking multiple sources, slowing approvals and diverting time away from more strategic work.

To address this, Westmill implemented Beacon to consolidate shipment information into a single, easy-to-use, customisable workspace. With Beacon, the team can now track shipments instantly – by container number, purchase order number, or any other reference – without needing to open multiple reports or log into different carrier systems.

Westmill has also created a series of Live Boards, giving each business unit a tailored view of the shipments relevant to them. Instead of requesting updates or sending back-and-forth emails, colleagues simply check their Live Board, which includes comments, documents, and real-time ETAs from all carriers and forwarders.

For invoice verification, what once required opening several spreadsheets and carrier websites now takes seconds. Entering a purchase order number in Beacon immediately returns dates, routing, and carrier details, all in one place.

Westmill is already planning its next step: a customised Live Board for a specific business unit. Once complete, the team will be able to discontinue a paid daily report from their forwarder – turning operational time savings into direct cost savings.

bnode’s (formerly bpostgroup) commitment to climate action has reached a new milestone. Following a thorough review, the Science Based Targets initiative (SBTi) has validated bnode’s climate targets. This recognition confirms that the group’s pathway is aligned with the latest scientific evidence and with the ambition to limit global warming to 1.5C.

Since the Company’s previous validation three years ago, bnode’s perimeter has evolved with the integration of Staci and the transformation currently underway. Integrating new activities also means integrating their emissions and operational realities. For the Commpany, sustainability must reflect this reality. Reviewing and having its climate targets validated after integrating new activities was therefore an obvious step: it is the only way to manage its impact in a rigorous and responsible manner.

The SBTi assesses companies’ climate commitments and verifies that they are based on sound scientific foundations. The validation obtained by bnode attests to the quality of the group’s CO2 emissions calculations and the transparency of its methodology. It strengthens the group’s credibility with customers, partners, employees and investors.

Since Staci joined the group, numerous teams have been involved in preparing this submission. Working closely and in a coordinated manner, they refined the data, consolidated assumptions and defined a realistic yet ambitious pathway.

bnode's short term target is to reduce its direct emissions (Scope 1 & 2) by 71.3% and emissions from its Value chain (Scope 3) by 38.1% by 2035 compared to 2024. The long-term target and commitment is to reach Net Zero by 2050.

SBTi validation marks an important milestone. In the coming months, bnode will accelerate the concrete implementation of its commitments, in particular through:

> the continued electrification of vehicles and buildings;
> the widespread purchase of green electricity;
> enhanced collaboration with suppliers and subcontractors to reduce emissions across the entire value chain;
> further reductions in the impact of commuting and operational waste.

These actions fully reflect the group’s ambition to combine operational performance, environmental responsibility and the creation of sustainable value for its customers.

FedEx has expanded its zero-tailpipe emissions fleet in Japan with the addition of 17 electric trucks. This initiative supports the Company’s broader goal of achieving carbon neutral operations by 2040 and the ongoing phased electrification of the Company’s global pickup and delivery fleet.

FedEx deployed Mitsubishi Fuso eCanter and Isuzu ELF EVs to support parcel pickup and delivery in Tokyo, Kanagawa and Osaka, each with a 1.5-ton payload. The vehicles are estimated to reduce tailpipe emissions by about 3.3 metric tons per vehicle per year, based on the distance planned for routes compared with diesel-powered trucks.

This initiative helps contribute to Japan’s ambitious environmental targets, which include reducing greenhouse gas emissions by 60.0% by 2035 compared to 2013 levels and achieving net-zero by 2050.

C.H. Robinson has filed its merits brief in Montgomery v. Caribe Transport II, LLC, a US Supreme Court case that will determine whether freight brokers may be held liable under varying state laws for accidents involving federally licensed motor carriers. As one of the world’s largest logistics platforms, trusted by 83,000 customers and 450,000 contract carriers to move 37 million annual shipments, C.H. Robinson depends on consistent federal rules that keep goods moving safely and efficiently nationwide.

For nearly a century, federal law has provided one clear set of rules for how freight moves across the country. That clarity matters for safety and for the economy. The Company’s brief asks the Court to reaffirm that framework so responsibilities remain where they belong, and goods keep moving reliably for families and businesses nationwide.

Last year, C.H. Robinson joined a request to the Supreme Court to review an issue critical to preserving the federal system that regulates and ensures uniformity for motor carrier services (including broker services), a framework designed to support both reliable supply chains and consistent safety oversight across the country. The vast majority of goods are transported by motor carriers, and uniform regulation of motor carrier services is vital to the US economy. The Supreme Court granted review.

C.H. Robinson’s brief explains that for nearly a century, federal law exclusively has governed the services of motor carriers, including the decisions of freight brokers like C.H. Robinson when engaging federally licensed motor carriers for the transportation of freight. In recent years, however, some courts have allowed plaintiffs to use state law to second-guess those decisions and impose liability on brokers for their selection of licensed motor carriers whose drivers are alleged to cause traffic accidents.

Congress made a deliberate decision under its constitutional authority to regulate interstate and foreign commerce to establish uniform federal standards and rules for the motor carrier industry. Under those federal rules, brokers do not own or operate motor vehicles or select their drivers, so they are not the proper parties to bear responsibility for motor vehicle accidents. Keeping accountability aligned with those who actually operate vehicles is essential to maintaining clarity around safety responsibilities.

Federal law embodies Congress’s design by broadly pre-empting state laws affecting the prices, routes, and services of both brokers and motor carriers, while preserving only states’ narrow, vehicle specific safety authority.

C.H. Robinson stated that permitting 50 different state court systems and precedents to impose their own standards on the selection of federally licensed motor carriers would fragment a system built for consistency, create conflicting rules for the same shipment, and increase costs and uncertainty across the supply chains that keep goods moving nationwide. A unified federal framework not only reduces confusion, it helps ensure that safety oversight remains focused and effective where it matters most.

C.H. Robinson looks forward to presenting its oral argument before the Supreme Court on 04 March 2026.

IKEA has selected Codognotto, an international transport and logistics company specialising in integrated solutions for supply chain decarbonisation, as its partner for a new electric-focused energy transition project.

The historic Treviso-based company has added to its fleet a 100.0% electric VOLVO FH Aero, designed for long-haul transport. With a maximum gross weight of 44 tons and a 540 kWh battery, the vehicle can cover around 500km per day. The new e-truck will transport furniture and home accessories along the Portobuffolé (Treviso) – Piacenza, Piacenza – Corsico, and Piacenza – Padova routes, operating an estimated 252 days per year.

The project aims to seamlessly integrate inbound and outbound logistics, connecting IKEA suppliers with distribution centres and, subsequently, the Corsico and Padova stores. The routes have been carefully studied and optimised by Codognotto’s planners to maximise electric vehicle performance, reducing downtime and minimising empty mileage.

This initiative is part of IKEA’s global commitment to reducing the environmental impact of its supply chain. The blue and yellow home furnishing giant has set the goal of achieving 100.0% zero-emission deliveries by 2030, investing in innovative logistics solutions and collaborating with strategic partners.

This is an important step in decarbonising IKEA transports while increasing efficiency at the same time. Thanks to this new triangle partnership IKEA is able to define the optimal set up together and come up with a solution that reduce the total costs while also cutting idle hours and optimising the route utilisation. It is confident that this new transport will bring strong value, not least in improving air quality and reducing noise pollution on Italian roads.

Switching to electric is not only about sustainability; it represents a true operational revolution. The shorter range compared to traditional vehicles requires far more accurate route planning, minimising empty kilometres and optimising stops. Longer charging times compared to diesel refuelling force companies to rethink operational schedules, while the limited availability of infrastructure pushes them to integrate strategic partners to ensure service continuity. It is a transformation that demands logistical intelligence and organisational flexibility, but one that is necessary to make electric transport competitive and reliable in the long run.

With this step, Codognotto strengthens its role as a strategic partner in building increasingly complex and advanced energy transition pathways, tailored to the operational and sustainability needs of each company.

DHL Global Forwarding has announced the appointed of Lisette Nap as the new CEO for the Benelux region and Country Lead for the Netherlands, effective 01 January 2026.

With extensive experience across DHL Global Forwarding and DHL Freight, Lisette is known for her authentic leadership, strong customer focus, and ability to bring teams together around a clear growth strategy.

FedEx announced the ten-member board of directors for FedEx Freight, ahead of its planned spin-off from FedEx Corp. on 01 June 2026.

As previously announced, R. Brad Martin, current Executive Chairman of the FedEx Corp. board of directors, will serve as Chairman of the Board of FedEx Freight. John Smith, the incoming President and Chief Executive Officer of FedEx Freight, will also serve as a Director, alongside eight other highly experienced leaders across the transportation and logistics, supply chain management, and technology sectors.

The FedEx Freight board will include the following individuals:

> R. Brad Martin will serve as Chairman of the FedEx Freight board as previously announced. He has served as Executive Chairman of the Board of FedEx Corp. since September 2025, and is also chairman of RBM Venture Company, a private investment company. Mr. Martin previously served as Chairman and Chief Executive Officer of Saks Incorporated and has held leadership and board roles at multiple public companies, including Chesapeake Energy Corporation.

> John A. Smith will serve as a member of the FedEx Freight board and President and Chief Executive Officer of FedEx Freight upon completion of the separation. He is currently Chief Operating Officer of US and Canada for FedEx Corp. and a member of the FedEx Corp. executive committee. Mr. Smith previously served as President and Chief Executive Officer of FedEx Ground and FedEx Freight and brings more than 30 years of transportation industry experience.

> Jeffrey A. Davis served as the Chief Financial Officer of Dollar Tree, Inc. from October 2022 to March 2025; as the Chief Financial Officer of Qurate Retail Group from October 2018 to September 2022; as the Chief Financial Officer of J. C. Penney Company Inc. from July 2017 to September 2018; as the Chief Financial Officer of Darden Restaurants, Inc. from July 2015 to March 2016; and as the Chief Financial Officer of the Walmart US segment of Walmart Inc. from January 2014 to May 2015. Mr. Davis has served as a Director of Labcorp Holdings, Inc. since December 2019 where he serves as the Chairman of the Audit Committee and as a member of the Quality and Compliance Committee. Mr. Davis is well-qualified to serve as a member of the FedEx Freight board because of his extensive financial leadership experience across multiple industries.

> Donald E. Frieson served as Executive Vice President, Supply Chain of Lowe’s Companies, Inc. from August 2018 to March 2024. He previously spent 19 years within the Walmart organisation, where he served as Executive Vice President, Operations at Sam’s Club from 2014 to 2017 and Senior Vice President, Replenishment, Planning, and Real Estate from 2012 to 2014. Mr. Frieson has served as a Director of Casey’s General Stores, Inc. since March 2018 where he serves as a member of the Compensation and Human Capital Committee. He served as a member of the Advisory Committee for Supply Chain Competitiveness for the US Department of Commerce from February 2022 to February 2024. Mr. Frieson is well-qualified to serve as a member of the FedEx Freight board because of his significant leadership experience in supply chain management.

> Stephen E. Gorman served as Chief Executive Officer of Air Methods Corporation, a leading domestic provider in the air medical market, from August 2018 to January 2020. He previously served as the President and Chief Executive Officer of Borden Dairy Company from 2014 to July 2017; as the Executive Vice President and Chief Operating Officer of Delta Air Lines, Inc. from 2008 to 2014; as the Executive Vice President – Operations of Delta Air Lines from 2007 to 2008; and as the President and Chief Executive Officer of Greyhound Lines, Inc. from 2003 to 2007. Mr. Gorman has served as a Director of Peabody Energy Corporation since April 2017 where he serves as Chairman of the Nominating & Corporate Governance Committee and as a member of the Compensation Committee and the Executive Committee, and as a Director of FedEx Corp. since September 2022 where he serves as a member of the Compensation and Human Resources Committee and the Governance, Safety, and Public Policy Committee. Mr. Gorman will resign from the FedEx Corp. board effective upon his joining the FedEx Freight board upon the separation. He served as a Director of ArcBest Corporation from July 2015 to August 2022 and as the Company’s Lead Independent Director from 01 January 2022 until his resignation to join the FedEx Corp. board. Mr. Gorman is well-qualified to serve as a member of the FedEx Freight board because of his significant transportation and logistics leadership experience.

> Robert A. King served as Corporate Vice President, Internal Audit at FedEx Corp. from March 2011 to January 2025. He spent over four decades of his career in the FedEx Internal Audit department, holding positions with increasing responsibility. Mr. King is well-qualified to serve as a member of the FedEx Freight board because of his extensive financial and risk management experience during his tenure at FedEx.

> Cindy J. Miller served as the President and Chief Executive Officer of Stericycle, Inc., a medical waste transportation company, from May 2019 to November 2024 when the Company was acquired by Waste Management, Inc. and as a Director of the Company from February 2019 to November 2024. She served as President and Chief Operating Officer of Stericycle, Inc. from October 2018 to May 2019. Prior to joining Stericycle, Inc., Ms. Miller spent nearly 30 years at United Parcel Service, Inc. (“UPS”) where she served as President, Global Freight Forwarding from April 2016 to September 2018 and as President of the European region from March 2013 to March 2016. Ms. Miller has served as a director of W.W. Grainger, Inc. since April 2024 where she serves as a member of the Board Affairs & Nominating Committee and Compensation Committee. She also serves on the Board of Trustees of the Allspring Fund complex, which includes four closed-end funds. She served as a Director of UGI Corporation from 2020 to 2024. Ms. Miller is well-qualified to serve as a member of the FedEx Freight board because of her significant leadership experience in the transportation and logistics industry.

> Amy J. Salcido served as President, US of Kyndryl Holdings, Inc., a Fortune 500 provider of enterprise technology services spun off from International Business Machines Corporation (“IBM”) in 2021, from 2022 to 2025. She previously served as Chief Customer Engagement & Transformation Officer from 2021 to 2022. Before joining Kyndryl, Ms. Salcido held senior leadership roles at IBM, including as General Manager, Services: Retail, Consumer Products, Travel & Transportation - North America from 2020 to 2021, and as Global Vice President, New Client Acquisition from 2018 to 2020. She joined IBM in 1996 and held positions with increasing responsibility during her tenure with the company. Ms. Salcido is well-qualified to serve as a member of the FedEx Freight board because of her significant technology experience and leadership experience with large-scale public company separation.

> John P. Sauerland has served as Vice President and Chief Financial Officer of The Progressive Corporation since April 2015 and as Personal Lines Group President of The Progressive Corporation from 2007 to 2015. He joined The Progressive Corporation in 1991 as a Product Manager and has served in many key leadership positions during his tenure with the Company. Mr. Sauerland served as a Director of Beazley plc from 2016 to 2021. Mr. Sauerland is well-qualified to serve as a member of the FedEx Freight board because of his extensive leadership experience in finance and risk management.

> Samantha M. Smith currently serves as a Staff Director of Global Public Policy at FedEx Corp., a position she has held since November 2020. It is expected that she will continue her employment at FedEx Corp. following the spin-off. Ms. Smith joined the FedEx Corp. Government and Regulatory Affairs team in 2016. Prior to FedEx Corp. she served in various roles in communications and public affairs. Ms. Smith is well-qualified to serve as a member of the FedEx Freight board because of her extensive experience in government affairs, public policy, and communications, including at FedEx Corp.

Goldman Sachs & Co. LLC is serving as the financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel.

Swissport has announced that Maria Grigorova has been appointed Chief Financial Officer, effective 16 February 2026. Maria brings extensive experience across both publicly listed and private equity–owned companies, having held a range of senior finance and commercial leadership roles spanning multiple sectors.

She joins Swissport from the Adecco Group — a leading international provider of integrated talent solutions listed on the SIX Swiss exchange with operations in 60 countries. Since 2022, she has been Group Senior Vice President and Global Head of Finance of Adecco, the holding’s largest business unit with annual revenues of €18.0 billion. As a member of the executive management team, Maria has spearheaded a comprehensive transformation of its finance function. Prior to this, she was Deputy Group CFO at the Adecco Group.

Maria has cultivated a 30-year career in top-tier finance positions at JLL, Ideal Standard (part of the Bain Capital portfolio), Newell Rubbermaid and Procter & Gamble. She succeeds Craig Cavin who has served as Swissport’s interim CFO since April 2025. During this period, the Company maintained strong financial performance and operational excellence as the number one aviation services operator worldwide.

Maria is an accomplished CFO with a proven track record of heading major transformations across multinationals in a wide range of sectors. Swissport’s unique business model has delivered industry leading financial results with record revenues and margin driven by strong organic growth and business transformation. Maria will lead the next phase of the Company’s finance strategy focused on disciplined capital allocation and value creation.

DFDS has appointed Michael Hansen as President & CEO effective from latest 01 July 2026. Michael Hansen is currently President & CEO of Hempel and succeeds Torben Carlsen who is expected to step down as President & CEO on the same date.

The appointment follows the initiation of a CEO succession process, as announced on 06 November 2025, to bring new perspectives to lead DFDS’ ongoing transition towards satisfactory business and financial performance.

Michael brings new perspectives and experiences to lead the Company’s ongoing transition. The clear short-term task is to lift financial performance. The longer-term task is to continue to unlock network value through optimisation of operations and organic growth.

Michael Hansen is a global executive with extensive leadership experience in shipping, transport, and industrial businesses. As President & CEO of Hempel, he has led a strategic transformation that has lifted financial performance, strengthened cash flow, and improved operational scalability. Prior to Hempel, he spent nearly two decades with A.P. Moller - Maersk, holding senior management roles across Europe, Latin America, and Oceania, including CEO of Seago Line and Global Head of Sales for Maersk Line.

CV overview for Michael Hansen:

2017 – present: Group President & CEO, Hempel. Prior positions before becoming CEO in 2022: Executive Vice President, Energy & Infrastructure, and Group Executive Vice President & Chief Commercial Officer.

2016 – 2017: Vice President, Global Head of Sales, Maersk Line.

2015 – 2015: CEO, Seago Line.

1998 – 2015: Various management positions, Maersk Line. Positions included Managing Director, Line Manager, and Sales Director. Locations included Mexico, Spain, and New Zealand.

With the start of the new year, Guillaume Sauzedde has assumed the role as Regional Managing Director for Europe Region. The French national with over 25 years’ experience in the logistics industry is no stranger to the employees and customers in Maersk’s largest Region.

He joined Maersk in 2024 as Head of Logistics & Services for Europe Region after holding managing director roles for CEVA Logistics (Central & Eastern Europe Area MD and Regional MD Middle East & Africa) and Kuehne + Nagel (Country MD Poland and SVP Contract Logistics in Central & Eastern Europe).

Guillaume Sauzedde is succeeding former head of Europe Region, Aymeric Chandavoine, who has left Maersk to take on a new position outside the industry. Sauzedde lives in Warsaw and will be based in Maersk’s main office in the Polish capital while also commuting regularly to the Headquarters in Copenhagen.

ID Logistics has announced that it expects to recruit nearly 6,000 people worldwide in 2026. This recruitment momentum supports the Group’s business growth, the start-up of new logistics sites and the reinforcement of existing operations across several strategic regions.

In 2026, ID Logistics continues to expand its international footprint, with major projects notably concentrated in the US, France, Brazil and the UK, which are the main drivers of the Group’s recruitment momentum.

These recruitments will cover a wide range of roles, primarily operational logistics positions (order pickers, forklift operators / equipment drivers, etc.), as well as frontline management, site management and support functions, all essential to operational performance and service quality.

In 2026, ID Logistics’ recruitment momentum is built around several key markets that are central to the Group’s development strategy.

In the US, the Group’s largest contributor in terms of volume, nearly 2,000 recruitments are planned. These hires will support the start-up and ramp-up of new logistics sites, as well as the reinforcement of existing operations, confirming the country’s central role in the Group’s growth strategy.

In France, the Group’s second-largest recruiting country, ID Logistics plans around 1,500 recruitments in 2026. These hires will support ongoing operations and the deployment of new logistics projects, covering both operational roles and frontline management positions.

Brazil represents the Group’s third employment driver, with around 1,000 recruitments expected. This 2025 momentum reflects strong operational growth and the continued structuring of local organisations.

In the UK, the fourth-largest recruiting country, nearly 500 recruitments are planned. This positive trend reflects the Group’s breakthrough in the UK market and the strong growth of this entity, which was established just two years ago.

Overall, these recruitments are part of a broader global dynamic, with other Group countries also contributing to the overall hiring effort in 2026.

At ID Logistics, permanent recruitment is part of a long-term vision closely linked to skills development and career progression. The Group primarily promotes internal mobility and internal promotion, supported by structured training programmes.

ID Logistics therefore develops and strengthens its own teams, relying on a shared skills framework and a strong operational culture. This corporate culture is also underpinned by a proactive international mobility policy, designed to offer employees broader professional exposure. In 2025, more than 250 employees took part in an international mobility experience, either by supporting site start-ups and operational ramp-ups, or through temporary missions focused on operational support and training.