J.B. Hunt Transport Services, Inc. has reported results for both the fourth quarter and year ended 31 December 2024, showing:

> Fourth Quarter 2024 Revenue: US$3.15 billion; down 5.0%
> Fourth Quarter 2024 Operating Income: US$207.0 million; up 2.0%
> Full Year 2024 Revenue: US$12.09 billion; down 6.0%
> Full Year 2024 Operating Income: US$831 million; down 16.0%

The Company announced fourth quarter 2024 net income of US$155.5 million, up 1.3% versus fourth quarter 2023 net earnings of US$153.5 million. Total operating revenue for the current quarter was US$3.15 billion, compared with US$3.30 billion for the fourth quarter 2023, a decrease of 5.0%. Current quarter total operating revenue, excluding fuel surcharge revenue, decreased 2.0% versus the comparable quarter 2023. This decrease was primarily driven by a 3.0% and 2.0% decline in revenue per load excluding fuel surcharge revenue in Intermodal (JBI) and Truckload (JBT) respectively, a 4.0% decline in average trucks in Dedicated Contract Services (DCS), and a 22.0% decline in load volume in Integrated Capacity Solutions (ICS). The revenue, excluding fuel surcharge revenue, decline was positively offset by a 5.0% increase in volume in JBI, a 2.0% increase in productivity (revenue per truck per week excluding fuel surcharge revenue) in DCS, and a 9.0% increase in gross revenue per load in ICS.

Operating income for the current quarter increased 2.0% to US$207.0 million versus US$203.3 million for the fourth quarter 2023. Current and prior-year quarterly operating income were negatively impacted by pre-tax charges of US$16.0 million for intangible asset impairments and US$53.4 million for insurance-related items, respectively. After consideration of these charges, operating income declined from the prior-year period primarily due to yield pressure in JBI, a lower average truck count in DCS, and higher consolidated equipment and insurance-related costs. On a GAAP consolidated basis, operating income as a percentage of consolidated gross revenue increased year-over-year as a result of lower rail and truck purchased transportation costs and lower insurance-related expenses. These items were partially offset by higher professional driver and non-driver wages and benefits and equipment-related costs as a percentage of gross revenue.

Intermodal (JBI)

Fourth Quarter 2024 Segment Revenue: US$1.60 billion; down 2.0%
Fourth Quarter 2024 Operating Income: US$117.0 million; down 10.0%

Intermodal volume increased 5.0% over the same period in 2023. Transcontinental network loads increased 4.0%, while eastern network loads increased 6.0% compared to the fourth quarter 2023. Sequentially, volumes improved 2.0% from the third quarter, with stronger sequential volumes in both Eastern and Transcontinental networks. Demand trends for intermodal service were seasonally strong during the quarter, particularly on eastbound loads out of Southern California. Revenue decreased 2.0% for the quarter versus the prior-year primarily driven by a 6.0% decrease in revenue per load resulting from changes in mix of freight, customer rates and fuel surcharge revenue, partially offset by the 5.0% increase in volume. Revenue per load excluding fuel surcharge revenue was down 3.0% year-over-year.

Operating income decreased 10.0% in the fourth quarter primarily from lower yields, which was only partially offset by greater volumes across the network. Repositioning costs related to network imbalances, in addition to driver hiring and onboarding expenses were elevated in the quarter to support customers’ peak season demand. JBI segment operating income as a percentage of segment gross revenue declined versus the prior-year period as a result of increases in professional driver and non-driver wages and benefits and higher equipment-related and maintenance expenses as a percentage of gross revenue. The prior-year period included US$16.0 million in pre-tax charges for insurance-related items. Excluding these charges, remaining insurance-related expenses in the current quarter also contributed to a decline in segment operating income and a decline in segment operating income as a percentage of segment gross revenue.

Dedicated Contract Services (DCS)

Fourth Quarter 2024 Segment Revenue: US$839.0 million; down 5.0%
Fourth Quarter 2024 Operating Income: US$90.3 million; up 5.0%

DCS revenue decreased 5.0% during the current quarter over the same period in 2023, driven by a 4.0% decline in average trucks combined with a 1.0% decline in productivity (revenue per truck per week). Productivity, excluding fuel surcharge revenue, increased 2.0% from a year ago driven by increases in contracted indexed-based price escalators. On a net basis, there were 605 fewer revenue producing trucks in the fleet by the end of the quarter compared to the prior-year period, and 114 fewer versus the end of the third quarter 2024. Customer retention rates are approximately 90.0%, largely reflecting the downsizing of fleets and to a lesser extent account losses.

Operating income increased 5.0% from the prior-year quarter. Fourth quarter 2023 included US$20.0 million in pre-tax charges for insurance-related items. Excluding these charges, operating income decreased primarily from lower revenue and higher remaining insurance-related costs, including insurance premium, casualty claim, and group medical expenses. These items were partially offset by lower bad debt expense, the maturing of new business onboarded over the trailing twelve months, and greater productivity, excluding fuel surcharge revenue, and utilisation of equipment.

Integrated Capacity Solutions (ICS)

Fourth Quarter 2024 Segment Revenue: US$308.0 million; down 15.0%
Fourth Quarter 2024 Operating (Loss): US$(21.8) million; vs. US$(24.9) million in Q4'23

ICS revenue decreased 15.0% in the current quarter versus the fourth quarter 2023. Overall segment volume decreased 22.0% versus the prior-year period. Revenue per load increased 9.0% compared to the fourth quarter 2023 due to higher contractual and transactional rates and changes in customer freight mix. Contractual volume represented approximately 63.0% of the total load volume and 63.0% of the total revenue in the current quarter compared to 59.0% and 59.0%, respectively, in fourth quarter 2023.

Operating loss was US$21.8 million compared to an operating loss of US$24.9 million in the fourth quarter 2023. Fourth quarter 2024 included US$16.0 million of pre-tax intangible asset impairment charges while fourth quarter 2023 included a US$9.9 million pre-tax charge for insurance-related items. Excluding these charges, operating loss improved largely due to higher gross profit and lower personnel-related expenses. These items were partially offset by higher bad debt and technology-related costs in the quarter. Gross profit increased 5.0% as a result of higher gross profit margins compared to the prior-year period. Gross profit margins increased to 17.3% in the current period versus 14.0% in the prior period as a result of project-related work, a disciplined bid strategy and the effective sourcing of capacity. ICS carrier base decreased 10.0% year-over-year, largely driven by changes to carrier qualification requirements.

Final Mile Services (FMS)

Fourth Quarter 2024 Segment Revenue: US$228.0 million; down 6.0%
Fourth Quarter 2024 Operating Income: US$13.2 million; up 7.0%

FMS revenue declined 6.0% compared to the same period 2023. The decline was primarily driven by general weakness in demand across many of the end markets served. The decline in revenue was partially offset by improved revenue quality at underperforming accounts and multiple new customer contracts implemented over the past year.

Operating income increased 7.0% compared to the prior-year period. The fourth quarter 2023 included a US$3.3 million pre-tax charge for insurance-related items. Excluding these charges, operating income decreased primarily from lower revenue, and higher purchased transportation and remaining insurance-related costs. These items were partially offset by lower personnel-related costs and lower equipment and facility rental expenses.

Truckload (JBT)

Fourth Quarter 2024 Segment Revenue: US$182.0 million; down 7.0%
Fourth Quarter 2024 Operating Income/(Loss): US$8.6 million; vs. US$(39) thousand in Q4’23

JBT revenue decreased 7.0% compared to the same period in the previous year. Revenue excluding fuel surcharge revenue decreased 3.0% primarily due to a 2.0% decrease in revenue per load excluding fuel surcharge revenue and flat load volume versus the prior-year period. Total average effective trailer count decreased by approximately 770 units, or 6.0% versus the prior-year period. Trailer turns in the quarter were up 9.0% from the prior period primarily due to continued focus on improving network balance and trailer utilisation.

JBT operating income increased to US$8.6 million from a modest operating loss in the fourth quarter 2023. Fourth quarter 2023 included US$4.2 million in pre-tax charges for insurance-related items. Excluding these charges, operating income increased primarily as a result of better trailer utilisation and a continued focus on cost management efforts across the segment. JBT segment operating income as a percentage of segment gross revenue increased year-over-year due to lower purchased transportation and equipment-related expenses.

Smiths News has provided shareholders with an update on trading ahead of its Annual General Meeting. The Board confirms that trading for the year ending 30 August 2025 ("FY25") remains in line with market expectations.

As previously announced, following the signing of an agreement with Reach PLC, Smiths News has now formally secured long-term contracts representing 91.0% of its newspaper and magazine revenues to at least 2029, providing a strong foundation to support its growth ambitions in the medium-term.

Furthermore, the Company continues to leverage its leading early-morning, end-to-end supply chain market capabilities and management look forward to providing an update at the half year results.

Alongside ensuring it continues to deliver a first-class service to its newspaper and magazine customers, the Company remains focused on further capitalising on the proven early morning capabilities in order to further enlarge its operational footprint.

International Distribution Services plc has provided a trading update for the three months to the end of December 2024, its Q3 period. Performance was in line with expectations in both GLS and Royal Mail. Both the operational and financial performance of Royal Mail continue to improve, and the business remains on track to return to adjusted operating profit, before voluntary redundancy costs, for FY 2024-252 (the “Royal Mail Profit Forecast”), representing a significant milestone in the turnaround of Royal Mail, following two years of losses. This provides a solid foundation for the business to build on in future.

Royal Mail saw a strong operational performance and a high level of reliability with over 99.0% of items posted on or before the last recommended posting dates arriving in time for Christmas. There was strong growth in tracked parcels over Christmas: total Tracked 24 / 48 volumes increased 19.0% year on year to 188 million parcels. Operational improvements enabled the Company to deliver millions of parcels to customers up to 9pm for the first time, between Black Friday and the end of December, ensuring it met customer needs for next day deliveries over peak. The Company’s parcel hubs in Daventry and Warrington processed over 75.0 million parcels during the Christmas period, an increase of 23.0% year on year.

GLS performance was in line with expectations, with good export volume growth. Strong performances were seen in Spain and Poland in particular, whilst the environment in both Italy and Germany remains challenging. The Company opened a new Paris hub in September 2024, providing additional capacity.

For the three months ended December 2024, Royal Mail parcel volumes increased 2.0% with domestic volumes flat and international volumes rising 15.0%. GLS parcel volumes increased 1.0%. For the 9M period ended December 2024, Royal Mail parcel volumes increased 6.0% with domestic volumes up 3.0% and international volumes rising 28.0%. GLS parcel volumes increased 3.0%.

Financial highlights:

> Continued parcel revenue growth at Royal Mail despite challenging macroeconomic backdrop.
> Addressed letter volume decline continued, in line with historic trend, with volume decline offset by price.
> GLS saw both parcel volume and revenue growth. Revenue growth in Euros, excluding acquisitions and disposals, was 2.5% year on year in the third quarter and 4.9% for the 9 months ended December 2024.
> US parcel business saw improved profitability following disposal of freight business.
> Finalised the sale of the Parcelforce depot at Royal College Street in London during the third quarter, part of an ongoing programme of strategic property disposals, which has included Nine Elms and Mount Pleasant.

For the three months ended December 2024, Royal Mail parcel revenues increased 3.2% with domestic revenues up 2.5% and international revenues rising 6.6%. GLS revenues decreased 2.0% (growth in Euros, excluding the impact of acquisitions/disposals was 2.5%)..

For the 9M period ended December 2024, Royal Mail parcel revenues increased 6.7% with domestic revenues up 6.4% and international revenues rising 8.1%. GLS parcel revenues increased 2.1% (growth in Euros, excluding the impact of acquisitions/disposals was 4.9%).

The performance in Q3 demonstrates the continued progress of the Group over the last five years. Until then Royal Mail had been slow to implement the changes necessary to adapt to customer demand for more parcels and fewer letters, leading to declining profitability. Over the last five years both management and colleagues have faced a letter volume decline of 35.0% and further growth in parcels, which required significant investment and changes to how it operates.

Lineage has confirmed its acquisition of Fremantle City Coldstores (FCC), a cold-storage company in Fremantle, Western Australia. The ongoing growth in the cold storage space in the Western Australia market was helping to cement the state as a key component of the Company’s long-term strategic growth plan for Australia and Asia-Pacific.

With just under 42,000 cubic meters of space, and more than 8,000 pallet positions, FCC will strengthen the Company’s cold storage network in Western Australia, alongside its other operating facility in Perth.

Access and proximity to Fremantle Port, Western Australia’s largest general cargo hub, was one of the many advantages of bringing FCC into Lineage’s network. With this new facility less than 10km from one of the country’s largest ports, FCC will play a vital role in offering customers best-in-class service and solutions.

FCC - fully equipped with rooftop solar capacity - primarily services meat and seafood customers and features six blast cells with almost 250,000 kilograms of blast freezing capacity.

Following the FCC acquisition, Lineage now has 15 facilities across Australia.

NTG Group has announced the successful completion of its acquisition of ITC Logistic GmbH following the fulfilment of all regulatory requirements. ITC Logistic GmbH is a well-established German logistics provider known for its tailored solutions in road transport and supply chain management.

The deal will aim to unlock synergies and strengthen NTG’s European operations.

This acquisition significantly strengthens NTG’s position in Germany. Combined with the recent completion of the Schmalz+Schön acquisition in October 2024, it has expanded its workforce by over 600 skilled professionals servicing customers all over Europe. NTG expect that ITC’s integration will drive operational efficiencies and create synergies valued at €2.3 million annually, further enhancing NTG’s European footprint.”

ITC Logistic GmbH operates from five key locations across Germany, with a workforce of approximately 210 employees. The Company has consistently delivered strong financial performance, including revenues of €80.4 million in 2023.

On 10 January, Aramex PJSC received a notification from Q Logistics Holding LLC, a wholly-owned indirect subsidiary of ADQ Development Holding LLC, of its intention to submit a voluntary conditional cash offer to acquire up to 100.0% of the issued and paid up share capital of Aramex PJSC not already held by Abu Dhabi Ports Company PJSC.

ADQ-owned AD Ports Group already holds a 22.69% stake in Aramex.

ADQ is the smallest of Abu Dhabi’s three sovereign wealth funds. Q Logistics has set the takeover bid price at a 33.0% premium over Aramex’s closing price on 09 January. The offer would value the logistics firm at 4.39 billion dirhams (around US$1.2 billion).

ADQ has shareholdings in more than 25 companies across energy, utilities, food and agriculture, health care, pharmaceuticals, mobility and logistics sectors. Aramex is seen as complementary to the existing assets within ADQ’s transport and logistics clusters, which include Abu Dhabi Ports, Etihad Airways, Abu Dhabi Airports, Etihad Rail, Wizz Air Abu Dhabi and Abu Dhabi Aviation.

If a deal succeeds it will expand ADQ’s coverage in critical infrastructure and supply chains, as it aims to develop the robustness and resilience of core sectors in the UAE’s economy.

Aramex has been perceived as experiencing relative share underperformance, particularly relative to its listed peers. Q Logistics Holding believes that Aramex has potential to play a central role to help ADQ achieve objectives for the wider local economy. It stated, however, that Aramex's recent results and financial performance required a "strategic and operational transformation," which it expected to be "complex, capital intensive and to take time."

Aramex will present the offer to the Company’s board of directors and expects to make further announcements in due course.

DFDS has reported ferry – freight total volumes in December 2024 were 6.4% above 2023 and on level adjusted for the addition of Strait of Gibraltar routes in 2024, closure of Calais-Tilbury in 2023, and the opening of Damietta-Trieste in 2024.

December volumes were in general lowered by the holiday season’s greater impact on the number of operating days compared to 2023. North Sea volumes were therefore below 2023. Channel continued to trend above 2023 while Baltic Sea and Mediterranean volumes were on level with 2023 with the latter facing increased competition in one corridor.

In 2024, total transported freight lane metres increased 8.4% to 41.5 million from 38.3 million in 2023. The increase was 4.0% adjusted for the above route changes.

On the ferry – passenger side of the business, the number of passengers in December 2024 was 16.5% above 2023 and on level adjusted for the above route changes as well as the sale of Oslo-Frederikshavn-Copenhagen. The number of cars was 17.4% above 2023 and down 4.2% adjusted for route changes.

In 2024, the total number of passengers increased 47.6% to 6.6 million compared to 4.5 million in 2023. The increase was 7.4% 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 2025 volume report is expected to be published on 12 February 2025.

Logwin Solutions Spain has acquired on 20 December 2024, the Company World Pack Express, a leader in the transport and logistics sector, and the Company Alpha Automotive Solutions, belonging to the World Pack Express group, and specialising in the automotive sector. Both companies are located in Barcelona.

With this deal, Logwin aims to benefit from the synergies generated by both companies, and to strengthen its competitive advantage in the Spanish market. It will also be able to expand its service offerings, access new markets, especially in the automotive and healthcare sectors, and have a strategic route network and greater fleet capacity to offer its customers a wider range of products and services.

The two companies experience in sectors such as automotive and the offer of special services such as express parcel deliveries, last minute pick-ups, transport of bulky goods, etc., will complement Logwin’s existing capabilities, allowing it to meet customers’ demands more efficiently. It will also be able to expand its facilities and strengthen its presence in Catalonia.

Chapman Freeborn has expanded its cargo operations in Saudi Arabia, having signed an agreement with AJEX Logistics Services, a Middle East-based company specialising in express distribution and shipping solutions.

The move by the global charterer comes as a strategic response to Saudi Arabia’s Vision 2030 programme which aims to increase air freight capacity to 4.5 million tons per year.

Chapman Freeborn’s increased service offering mirrors its commitment to the region, following significant investment in personnel throughout the last two years, including the appointment of Linas Dovydenas as President of IMEA (India, Middle East and Africa) in November.

Under the terms of the agreement the companies will collaborate to offer comprehensive airport ground and cargo handling, and management of special cargo projects.

By combining its regional strengths with Chapman Freeborn’s extensive global network, AJEX Logistics Services is committed to delivering enhanced aviation and cargo solutions that support the Kingdom’s ambitious growth objectives.

Launched in 2016, Saudi Vision 2030, is an ambitious plan to diversify the Saudi economy and reduce its dependence on hydrocarbons.

DP World has earned International Air Transport Association (IATA) certification in Brazil, enabling it to provide domestic and international air freight services. This certification enhances DP World's ability to deliver secure, agile, and efficient cargo transportation solutions at every stage of the logistics process.

By securing IATA certification, DP World gains direct access to airlines for negotiations, bolstering its specialised support and expertise in air freight operations. This milestone strengthens the Company’s commitment to becoming a fully integrated logistics provider, offering comprehensive and high-quality logistics solutions.

This certification marks a significant step in the Company’s strategy to offer comprehensive and integrated logistics solutions. Along with the expansion of its freight forwarding network in Brazil, which began in 2024, the IATA certification enables it to handle more complex transportation needs, while catering to specific client demands across different sectors.

In December 2024, DP World announced a plan to open six new offices in Brazil by 2026, underscoring its commitment to enhancing end-to-end supply chain solutions across Latin America.

DP World’s freight forwarding operations in Brazil are expected to handle approximately 75,000 TEUs annually within the next five years, reflecting the Company’s ambition to boost its logistics footprint.

FedEx has announced an improvement in the efficiency of its international shipping services from select regions in Shandong Province, China. Effective immediately, the transit time for outbound shipments to Japan from cities including Qingdao, Weifang, Yantai, Weihai, Jinan, and Zibo via Same Day Service is reduced by one day.

The upgrade applies to all FedEx international shipping services for outbound shipments, including FedEx International Priority, FedEx International Economy, FedEx International Priority Freight, and FedEx International Deferred Freight, enabling local customers to capitalise on global trade opportunities more efficiently.

In recent years, FedEx has continuously optimised its network in Shandong to enhance connectivity between China’s second- and third-tier cities and global markets. In May 2024, the Company launched its first-ever international cargo flights departing from Qingdao, China, to Memphis, Tennessee, USA, with a stopover in Osaka, Japan.

By November 2024, the flight frequency had increased to five flights per week, significantly improving the transit time for outbound parcels and freight shipments from Qingdao and Shandong Province to North America. At the same time, FedEx Qingdao international gateway officially began operations.

The new facility, spanning approximately 2,000 m2 and is equipped with a fully automated sorting system, providing customers in Shandong with a fast, seamless shipping and customs clearance experience.

DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarders and project cargo owners. In connection with the new route, DFDS and Hydro, a global aluminium and energy company, have signed an agreement for weekly shipment of aluminium.

Starting from end May, the new route will connect the ports of Vilagarcía and Rotterdam, offering a seamless and direct ferry link from southern to central Europe. With the new service, DFDS offers a competitive alternative to road transport to meet demand for freight transportation within Europe.

This new route offers significant potential which DFDS believe will benefit the broader market and aligns perfectly with its focus on organic growth.

Hydro is always looking for ways to optimise operations. Logistics play a key part in keeping its business running 24/7. The cooperation with DFDS will contribute to further implementation of its roll on-roll off (RoRo) solution, which is safer and more efficient compared to traditional methods. Smarter shipping saves both money and emissions and ensures the Company’s customers get their products on time.

The RoRo (roll on – roll off) solution rolls aluminium products bound for customers onto cargo ships, eliminating the need for cranes and reducing safety risks from hanging loads. It also increases efficiency by reducing loading time in half, allowing ships to reduce speed and still deliver on time. This results in less fuel consumption and lower emissions.

DFDS will operate Belgia Seaways on the route with a capacity of 2,660 lane meters

Unifeeder, part of DP World Marine Services, achieved remarkable growth in the intra-Mediterranean trade sector in 2024, tripling its market share to 4.3% and solidifying its position as a key regional operator.

Unifeeder recorded the highest capacity growth of all carriers in the region, positioning it among the top six operators in the Mediterranean by deployed capacity.

Unifeeder’s fleet in the Mediterranean now includes 20 container ships with a total capacity of 24,000 twenty-foot equivalent units (TEUs), bringing it on par with global shipping leader COSCO SHIPPING Lines in the region. Over the past twelve months, Unifeeder has launched seven new intra-Mediterranean services, adding 10,600 TEU of capacity and increasing its average vessel size to 1,186 TEU.

These strategic moves reflect Unifeeder’s ability to meet the evolving needs of regional trade and enhance connectivity across the Mediterranean and Black Sea.

Later this month, Unifeeder will expand its services in the Black Sea, further strengthening its regional presence. This expansion underscores the Company’s commitment to addressing the growing demand for seamless intra-regional trade solutions while supporting businesses with reliable and flexible logistics.

The intra-Mediterranean trade sector has seen overall capacity expansion by 9.3% - almost 50,000 TEUs, compared to December 2023. Within this growing market, Unifeeder’s market share has surged from 1.5% to 4.3%, moving it up five places to the sixth spot among the largest operators in the region by deployed capacity. This growth is directly linked to a shift in trade dynamics, with mainline operators outsourcing intra-regional services to more agile operators like Unifeeder.

The shipping industry is going through profound shifts, with geopolitical and economic factors driving the need for more agile and responsive supply chain solutions.

Unifeeder’s sustained investment in the Mediterranean and Black Sea aligns with DP World Marine Services’ vision to connect markets and simplify trade for businesses worldwide. By leveraging DP World’s global network and expertise, Unifeeder continues to deliver flexible, reliable, and sustainable solutions, ensuring seamless trade in one of the world’s most dynamic regions.

Angel Kalinov has joined Girteka Group as Director of Brokerage, while a new forwarding office opened in Warsaw, Poland. These changes align with Girteka Group’s long-term strategy to build a robust, flexible, and digitally empowered logistics network backed by its own assets and forwarding partners.

Girteka is opening a new forwarding office in Warsaw, a strategic location at the heart of European logistics. With Polish carriers managing over 20.0% of transport in Europe, this expansion enhances Girteka’s access to a vital carrier pool while leveraging a rich talent base of experienced brokers and forwarders. By integrating operations across Vilnius and Warsaw, Girteka will aim to combine local expertise with its own cutting-edge brokerage platform to deliver seamless and efficient solutions.

With operational offices already in Vilnius and Tbilisi, the new office in Warsaw expands the Company’s geographical reach and strengthens its position in key logistics hubs. Warsaw, a central location for the logistics industry, and adds to its strong presence in Poland, which includes the largest transport base in Sady near Poznań and a ClassTrucks sales yard in Rawa Mazowiecka. This expansion highlights the scale of Group’s operations and capability to supporting customers across Europe with a trusted network of partners and carriers.

The Brokerage division including the new office in Warsaw will be led by Angel Kalinov. Kalinov brings extensive expertise in the brokerage sector, with a career spanning North America and Europe. His experience includes building high-performing teams, scaling ventures, and implementing innovative digital solutions to drive productivity and efficiency.

Girteka Group is strengthening its brokerage services as part of its broader corporate strategy to expand business offerings and enhance value for customers. This strategic focus centres on two key priorities: optimising operations and driving market growth.

By integrating brokerage with its asset-based operations, the Company can manage surplus demand, create a buffer for market fluctuations, and ensure greater flexibility in meeting customer needs. At the same time, it is accelerating growth in the tautliner segment through strategic subcontracting, aiming to broaden its market reach and increase profitability while fostering synergies with its reefer/box operations.

Seafrigo, the cold chain logistics expert, specialising in food logistics has opened its first office in Vietnam. A new office in Vietnam aligns with the Seafrigo Group’s long-term growth strategy to develop its own operations in key locations around the globe. The new office is located in Ho Chi Minh City, the economic capital of the country with easy access to the main ports and airports and also home to the leading exporters of seafood and fruit.

Vietnam will be both an air and ocean operation and will cater to exports and imports. Seafood and tropical fruit will drive export business from Vietnam, as consumer preferences for high-quality international foods and better access to them drives growing import demand

Vietnam is one of the most dynamic and fastest growing economies in South East Asia with an average GDP growth rate of +6.0% for the last 15 years (excluding the two years of COVID where the growth rate was +2.7%). The country also has Free Trade Agreements in place with trading partners including the EU and Asia-Pacific countries.

There are many specialist products such as pangasius, shrimps, dragon fruit and mangoes etc, to name just a few, where the Company will be using its cold chain logistics expertise to bring these goods to markets around the world both by air and ocean.

QSR Logistics and STEF have announced the renewal of their supply chain management contract for Five Guys in France until 2029. The two partners have once again pooled their complementary expertise to support the development of this famous American fast-food chain specialising in hamburgers, hot dogs and French Fries.

QSR Logistics carries out 4PL activities, which cover the supply of food products through to invoicing of restaurants. STEF operates the 3PL activities of warehousing, order preparation and distribution from its Bondoufle site in the Paris region.

One of the special features of this foodservice business is the management of logistics and transport of food products at +2C / +4C, since all the products used by Five Guys restaurants are fresh. To be able to deliver to the 35 restaurants open 7 days a week, STEF relies on its extensive transport network throughout France.

QSR Logistics and STEF are proud to continue their trusted partnership with Five Guys, which is based on the proximity of the teams and their ability to deliver the same high-quality service consistently over time.

This partnership is part of a European perspective, since the QSL Group, the majority shareholder in QSR Logistics, manages the Five Guys supply chain in most European countries.

STEF has been a 3PL partner of Five Guys since its arrival in France in 2016.

The department store chain Galeria and FIEGE are expanding their long-standing business partnership. FIEGE will handle business operations at the centralised warehouse as well as transportation to the branches for Galeria.

Both sides have agreed to the long-term continuation of their business venture and together, and will be charting a new path. Going forward, FIEGE will be managing all logistical processes for Galeria from the central warehouse in Unna, to create more efficient inventory and functionality structures. Moreover, the warehouse management system and the integration with other systems at Galeria will be updated.

Against the background of Galeria’s restructuring, it needed to optimise its logistics and adjust everything to the new situation accordingly. For this reason, it had to do a lot of fine-tuning. As a result, it has now achieved a further milestone in the restructuring. The adjustments allow it to focus on the department store as its core operation as well as those supply chain functions that are needed in that regard.

Therefore, the current joint venture structures will transition to a 3PL framework. In the future, FIEGE will handle business operations at the centralised warehouse as well as transportation to the Galeria branches.

Canucks Sports & Entertainment (CSE) announced a new multi-year partnership with DP World. This collaboration establishes DP World as the official logistics partner of the Vancouver Canucks, Abbotsford Canucks, and Vancouver Warriors, its first with an NHL organisation.

As Canada’s largest container terminal operator, DP World plays a critical role in enabling trade across the country with key operations in British Columbia, including Fraser Surrey, Nanaimo, Prince Rupert, and Vancouver, as well as on the Atlantic Coast in Saint John, New Brunswick. This robust network supports efficient and sustainable supply chains across North America, employing a significant workforce in the Vancouver metro area.

The partnership emphasises the importance of logistics, a critical element for professional sports organisations like the Vancouver Canucks, who travel over 33,000 kilometres annually, ranking second for the most distance travelled in the NHL. Efficient logistics ensure that players, staff, and equipment arrive safely and on time, supporting optimal team performance.

As part of the partnership, DP World’s logo will feature prominently on the Vancouver Canucks’ ice surface, digital advertising, and rink boards. DP World will also receive a Game Night sponsorship at a Canucks game on 16 January 2025, highlighted by an on on-ice, logistics-themed fan activation during one of the intermissions for the chance to win a variety of prizes.

Additionally, DP World will support an unforgettable experience for a youth hockey team from Prince Rupert, providing them with the opportunity to travel to Rogers Arena to attend a Vancouver Canucks game, a once-in-a-lifetime event aimed at inspiring the next generation of hockey players.

This partnership underscores DP World’s commitment to supporting vibrant communities and fostering connections that go beyond logistics. Together, CSE and DP World look forward to a successful collaboration that champions innovation, community impact, and the love of the game.

Starting in April 2025, Swissport International will be providing full ground handling services for Lufthansa Group airlines at London Heathrow Airport. The five-year deal underlines Swissport’s global expertise and experience with large base operations.

Swissport International has won a five-year contract with Lufthansa Group to provide ground handling services for its airlines at London Heathrow Airport (LHR) until 2030. As part of the agreement, Swissport will provide a full range of ground handling services for more than 40 flights per day, including passenger services, ramp handling, baggage management, aircraft cleaning, air cargo handling, and lounge hospitality services. The contract covers all flights of Austrian Airlines, Brussels Airlines, Lufthansa, and SWISS at one of the world’s busiest airports.

To ensure a successful start of operations, Swissport will be investing significantly into new ground service equipment (GSE) already ahead of April’s launch. With more than 80.0% of the incoming motorised vehicles being electric, Swissport underscores its commitment to reducing its carbon footprint. Every new addition to Swissport`s fleet at Heathrow Airport will also be equipped with enhanced damage prevention safety systems, which are crucial for ensuring seamless airport operations.

In the UK and Ireland, Swissport supports Lufthansa Group airlines at other locations, including Newcastle, Dublin, Birmingham, London Gatwick, and Cork. Swissport also provides cargo handling services across four Lufthansa Group airline brands at its modern air cargo centers at Heathrow Airport. With this latest ground handling contract for Lufthansa Group, Swissport reinforces its presence at Heathrow and solidifies its role as the leading player in the UK airport services market. Currently, Swissport employs more than 800 employees at Heathrow Airport and serves some 40 airlines.

GXO Logistics has partnered with The Perfume Shop, the UK's largest specialist fragrance retailer, to provide weekly high street deliveries to more than 200 stores through its shared transport network, helping reduce environmental impact, urban congestion and transportation costs.

Shared transport networks help retailers like The Perfume Shop reduce their impact on the environment, whilst benefiting from lower transportation costs. High street locations are vital for all retailers, particularly omnichannel retailers, and it’s essential they receive the stock they need in the most efficient way possible.

By partnering with GXO, customers can concentrate on providing the best retail experience for consumers, knowing stock will be in the right place at the right time, with less impact on the environment and at reduced cost.

The solution avoids empty space in vehicles and keeps The Perfume Shop’s operation efficient and cost effective.

GXO’s shared transport fleet combines deliveries for multiple retailers helping reduce the number of vehicles driving in and out of already busy city centres. On average, GXO will operate vehicles with deliveries from five different customers, stopping at 8 to 10 locations throughout the journey, making them more efficient than a dedicated delivery service. If not full, dedicated transport solutions can cost a retailer 5kg of CO2 per litre more than a shared user vehicle.

With fewer vehicles on the road, shared logistics transport also reduces urban congestion. This is particularly important as cities implement policies to limit vehicle emissions and promote cleaner, more efficient transportation solutions.

Wincanton has won a new five-year contract to provide warehousing solutions to the UK’s Maritime and Coastguard Agency to support its counter pollution response capability, following a competitive tender process.

Wincanton will manage the storage of approximately 500,000 litres of aerial dispersant chemicals to be available, if required, in the event of an oil or chemical spill in UK waters to break up pollutants and accelerate the process of biodegradation. Wincanton will also be responsible for managing the sampling and testing of these chemicals to ensure that they remain effective and ready for immediate distribution if called upon.

The contract will be operated from Wincanton’s shared-user facility at Middlewich and will benefit from the significant operational capability and the highest levels of compliance this site provides. It is highly important that in the event of an incident the chemicals are able to be rapidly deployed, if required, and Wincanton’s expertise in bulk storage solutions will deliver significant improvements in this regard.

Wincanton see the contract win as a further demonstration of the strong reputation it has built in the public sector and the trust that major institutions place in it.

ASMO, a joint venture between Saudi Aramco Development Company and DHL, announced the official launch of its operations, marking a significant milestone just one year after its incorporation.

ASMO's operational launch begins with the go-live of its warehousing operations in Riyadh, supporting Aramco's central region operations.

ASMO is taking its initial steps toward building a resilient logistics network that spans six strategically located, technology-enabled facilities across the Kingdom.

Coinciding with its operational launch, ASMO unveiled a landmark 15-year Procurement and Logistics Hub Services Agreement with Aramco. This strategic commercial partnership governs the relationship between Aramco as a customer and ASMO as a service provider. Under this agreement, ASMO will deliver integrated end-to-end supply chain services, including procurement, demand planning, inventory management, logistics, warehousing, establishing logistics hubs, and access to a B2B e-marketplace.

Freight Technologies, Inc. has renewed its logistics services contract with Kimberly-Clark de México, S.A.B. de C.V. The renewed agreement extends the relationship for an additional two years and encompasses the transportation of products and goods throughout Mexico.

This renewal marks the continuation of a successful collaboration that began in 2022. Since inception, the relationship between Fr8Tech and Kimberly-Clark de México has grown steadily, with significant year-over-year increases in over-the-road (OTR) load capacity and expanded service.

Currently, the Company is managing three key services for Kimberly-Clark: dedicated capacity under Fr8Fleet, as well as OTR spot for domestic shipments in Mexico and OTR spot for US-MX cross border shipments, both under Fr8App.

Under the extended agreement, Freight Technologies will continue to provide these logistics services to help ensure the seamless distribution of Kimberly-Clark's goods and products.

Freight Technologies suggested that the renewal is a direct result of the investments and enhancements it has made in its technology and service offerings.

Kuehne + Nagel has been appointed as the Official Logistics Supplier of the UIM E1 World Championship presented by PIF – the world’s first electric raceboat series. The three-year partnership, starting with Season 2 in 2025 and running through 2027, will see Kuehne + Nagel manage the complex transportation of the RaceBird boats and all supporting equipment across E1’s ambitious event calendar. The championship features seven races in 2025, staged at iconic locations across the globe.

Kuehne + Nagel will deliver tailored logistics solutions, including global freight forwarding, customs handling, and on-site operational support, ensuring the smooth and timely execution of each event. Precision, adaptability, and expertise will be vital in navigating the championship’s tight schedules and specialised logistics requirements.

E1 is pushing the boundaries of sport, showcasing innovation and sustainability on a global scale. Logistics plays a critical role in delivering the events across multiple continents. Season 2 of the UIM E1 World Championship presented by PIF kicks off with the E1 Jeddah GP in January 2025, with races confirmed in iconic cities worldwide, including Doha, Monaco, Lake Como, and Miami.

SEGRO has signed a lease with Coursier.fr for its future SEGRO Centre Paris Les Gobelins (Paris 13) urban logistics hub. Coursier.fr, which specialises in express delivery services in Paris and the Île-de-France region, will occupy a 1,600 m2 unit out of the 5,000 m2 area of the whole development that has been dedicated in part to cyclo-logistics, enabling it to strengthen its capacity to meet the growing demands of the urban logistics market.

This new strategic location will be a further key step in Coursier.fr's development, optimising its last-mile delivery operations and offering new customer experiences and lower carbon solutions.

The development will be delivered and operational by early June 2025, when Coursier.fr will officially take possession of its new space.

The shell and masonry work at SEGRO Centre Paris Les Gobelins will be completed by the end of January, and the layout of a show unit and the installation of the first dock are under way and will be ready by the same date. This will give future customers a better idea of the possible layouts of the units and the organisation of the site.

The SEGRO Centre Paris Les Gobelins is ideally located in the heart of the 13th arrondissement of Paris, 15 minutes from the centre of Paris and just five minutes from the ring road, offering rapid access to all the Parisian arrondissements. This prime location ensures optimum connectivity as close as possible to the city's businesses, shops and end consumers.

With a low-carbon refurbishment of the former Gobelins freight station and solutions tailored to soft delivery, SEGRO is offering a logistics platform within Paris that meets environmental challenges while optimising logistics operations. The modularity of the site means that spaces can be adapted to the specific needs of each company in the supply chain, from distribution to storage (the site has ICPE 1510 and 2925 authorisations). This project is a perfect illustration of SEGRO's ambition to support the transition to cleaner, lower carbon urban logistics.

As part of its commitment to bringing customers the most exciting and relevant product while providing competitive convenience and sustainable, profitable growth, ASOS is announcing changes to its global distribution network. With success over FY23 and FY24 in reducing stock levels by c.50.0% and launching its new commercial model which requires lower stock holding, ASOS can offer better access to product for its global customer base while further reducing its distribution capacity and increasing the efficiency of its operations.

Having successfully transformed the US into a profitable market over FY24, ASOS sees further opportunity to re-invest in the areas that matter most to its customers by optimising its global distribution model. From H2 FY25, US customers will be served from ASOS' automated UK fulfilment centre in Barnsley, and through a smaller, more flexible local US site. This will offer ASOS' US customers an enhanced product offering, including a broader assortment and faster speed to market of the best and most exciting product, while offering competitive delivery speeds and lowering the total fulfilment cost per order. ASOS will also roll-out Partner Fulfils in the US in FY25, further broadening the breadth and depth of the best product from partner brands.

As such, ASOS will mothball its Atlanta distribution centre in H2 FY25 and will formally market the site following the completion of the multi-year warehouse automation project. Seven ASOS employees directly affected by the change in operations will be offered alternative roles where feasible, and third-party logistics partners will make efforts to redeploy several hundred staff to nearby sites.

As a result of these operating changes, ASOS expects a £10-20.0 million annualised EBITDA benefit from FY26 onwards, assuming a reduction in US de minimis thresholds, and a similar benefit to free cash flow from FY26 onwards, with potential for additional working capital benefits. In FY25, it expects the impact on adjusted EBITDA to be broadly neutral. ASOS expects c.£190.0 milllion of adjusting items predominantly relating to non-cash fixed asset impairments, resulting in a corresponding negative impact on reported profit. The impact on FY25 free cash flow is expected to be broadly neutral. ASOS re-iterates all other FY25 and medium-term guidance.

ASOS remains excited about the opportunity in the US market and believes that its new operating model will better serve its US customer-base, while generating a better return on investment. ASOS opened a local US office in 2024 and will continue to grow and build its local presence which it sees as crucial in building great customer experiences. The US remains a core market for ASOS, which it believes can return to sustainable revenue growth and generate c.8.0% adj. EBITDA margins in the medium-term.

To meet increasing demand for superior logistics support, Celkom Transport has announced investment in a new 4,645 m2 warehouse at its York, UK, site. Utilising an existing building that it has fully refurbished to industry specifications, the newly opened facility will provide additional 3PL pallet storage and fulfilment options for customers.

Celkom has benefitted from sustained growth as a shareholder member of the Pallet-Track network, and the new warehouse will help increase the distribution of goods nationwide.

Celkom Transport already provides an invaluable 24/7 operation for customers using a diverse transport service from vans to temperature-controlled HGVs. As part of a new warehouse division, the additional space will facilitate in-bound transportation and fulfilment and improve outbound haulage services as part of a new one-stop-shop facility.

Holding a variety of goods, the new space will use Celkom’s operation system, which provides complete transparency for customers from collection to goods delivery.

As part of the Pallet-Track network, Celkom’s new warehouse will further enhance its offer through providing single pallet distribution, storage, and fulfilment, to full loads.

Taking 12 months to renovate, the new warehouse incorporates several sustainable features, including full solar panels on the roof which provide self-generating electricity. Electric forklifts will help move the 2,500 pallets which can be stored inside, supported by LED movement sensor lighting.

Five new jobs have been created as part of the investment, with longer-term plans for growth on the site.

Pony AI Inc. has become the first company in China to receive approval for robotruck platooning tests on cross-provincial highways connecting Beijing, Tianjin, and Hebei Province, marking a major milestone in the Company’s pursuit of large-scale commercialisation of autonomous trucking.

This approval enables Pony.ai to operate robotrucks in a “1+N” platoon, with only the lead truck requiring a safety operator, and the following trucks operating autonomously. The Company will commence platooning tests on the Beijing-Tianjin-Tanggu Expressway. As part of its strategic roadmap, Pony.ai aims to achieve full autonomy for all following trucks in platoons, further driving down logistics costs for autonomous trucking.

Since launching its cross-provincial freight service between Beijing and Tianjin in partnership with Sinotrans Limited, Pony.ai has logged mileage exceeding 45,000 kilometres, with nearly 500 TEUs (standard shipping container units) of freight orders completed. This milestone highlights Pony.ai’s role as a leader in L4 autonomous truck logistics in North China and reinforces its impact on integrated transportation in the Beijing-Tianjin-Hebei region, driving the transformation of intelligent logistics and providing strong real-world scenarios for the commercialisation of its autonomous truck business.

Pony.ai’s robotruck operations have evolved from early-stage road testing through demonstration and now to commercial operations with autonomous platoons. The next phase will focus on achieving fully driverless fleets to drive the mass commercialisation of autonomous trucks. As of the end of December 2024, Pony.ai’s robotrucks have travelled more than 5.0 million kilometres (over 3.1 million miles) and have transported more than 860 million freight ton-kilometres.

RoboSense and Coco Robotics have announced a strategic partnership to transform last-mile logistics. By combining RoboSense's advanced sensor technology with Coco Robotics's delivery solutions, the collaboration aims to enhance safety, efficiency, and sustainability in urban networks.

Coco Robotics bridges the gap between local businesses and customers through advanced navigation and real-time tracking, prioritizing sustainability by reducing carbon emissions and delivery costs. Since its launch in 2020, the Company has expanded operations to major US and European cities, forming partnerships with food delivery leaders like Uber Eats and DoorDash to meet the growing demands of modern logistics and support a greener future.

This partnership addresses key challenges in autonomous last-mile delivery by integrating RoboSense's perception solutions into Coco Robotics's fleet to enhance navigation and obstacle detection. Together, the companies are accelerating the deployment of delivery robots to optimise efficiency and scale operations.

Coco Robotics is the world's largest urban robot delivery platform. Founded in 2020, Coco has completed over 500,000 zero-emission deliveries, serving customers in the US and Europe. RoboSense is an AI-driven robotics technology company that supplies industry-leading incremental components and solutions for the robotics market.

Scania, SKF, and LOTS Group are collaborating to promote sustainable logistics by launching one of Europe's longest routes for battery electric vehicles (BEVs). The route, operated in partnership with Ahréns Åkeri, is expected to significantly reduce emissions. The goal is to achieve a 97.0% reduction in carbon dioxide emissions (WtW) while optimising transport efficiency, with 85.0% of the vehicle's annual mileage completed with full loads.

The route will cover a total of 221,000 km per year, resulting in a saving of 298 tonnes of CO2 emissions. This is equivalent to Sweden's annual CO2 emissions of 210 passenger cars. The initiative demonstrates that implementing electric transport is a viable strategy for creating sustainable logistics solutions. In Europe, 60.0% of all road freight travels more than 300 km per day, showing that even the more complex and extensive parts of the transport system have the potential for electrification.

The goal is to create recurring loops with guaranteed volumes and high vehicle utilisation to reduce the financial risk of investing in green technology. This way, the project shows that sustainable logistics can be environmentally friendly and cost-effective. The plan for implementing electric vehicles is phased, with flows being verified in early 2025 and full-scale operation planned for mid-year.

The partnership will validate all operational parameters, including optimising energy usage, electricity pricing, and maximising vehicle utilisation, before transitioning to full two-shift operations.

LOTS Group, a wholly owned subsidiary of Scania, is a platform that connects transport buyers to optimise logistics services. Through Scania's control tower, transport flows are coordinated, while LOTS Group performs route optimisation and charging management using digital tools to improve resource efficiency. LOTS and Scania are developing electric transport solutions, offering customers sustainable and efficient options.

XPO Logistics and SKF, a pioneer in bearings and sealing solutions, have strengthened their strategic partnership with the integration of an electric tractor truck for transportation of SKF products by XPO Logistics.

In France, XPO Logistics manages an essential part of SKF's logistics, with a dedicated 6,000 m2 storage area in a 24,000 m2 warehouse located in Parçay-Meslay (37). Every day, five shuttles are operated to transport bearing components (rings, cages, seals, plastic cups) between this warehouse and the SKF plant in Saint-Cyr-sur-Loire (37). Until now, these shuttles were carried out by a combustion engine truck. As part of its commitment to more sustainable growth, SKF recently adopted an electric tractor truck, a solution proposed by XPO Logistics to reduce the environmental impact of its operations.

In early 2024, XPO Logistics ordered 105 electric tractor trucks, in addition to 125 electric rigids also scheduled for gradual integration into its fleet by the end of 2026. The electric trucks, which operate without direct CO2 emissions, also help to improve the environment by limiting noise and odour pollution. Equipped with a 360-degree camera, they enhance safety by eliminating blind spots

This initiative is one of the concrete actions that XPO Logistics is carrying out in France as part of its Corporate Social Responsibility approach, which focuses on reducing the environmental impact of its activities, being an employer of choice and acting as a trusted partner. To promote decarbonization, XPO Logistics has positioned itself as a supplier of multi-energy and multimodal solutions. In addition to its electric vehicles, XPO Logistics offers its customers vehicles that run on biofuel or gas, as well as cyclo-logistics and transport modal shift to river, sea or rail.

SKF is also actively engaged in CSR to promote sustainable development and reduce its environmental impact. The Company aims to decarbonise its operations by 2030 and achieve carbon neutrality across its entire supply chain by 2050.

In France, SKF has implemented concrete initiatives at its Saint-Cyr-sur-Loire site, such as the installation of a biomass heating system, renovation of the heating network, optimised energy management, LED lighting and a high energy performance logistics building (LEED certified). These achievements have already saved 4,000 tonnes of CO2 equivalent at SKF's main site in France. The site, which already boasts 12,600 m2 of solar panels on the employee parking lot, will also be upgraded with further solar panels and insulation work to reduce its environmental impact.

Royal Mail’s 6,000th electric vehicle has hit the streets, maintaining the Company’s position as having the largest electric delivery fleet in the UK. The 6,000th zero-emission version of Royal Mail’s famous red vans has been deployed at Manchester Mail Centre, adding to 15 others already at the site used for deliveries and collections.

So far, over 240 Royal Mail offices across the country use electric vehicles. Royal Mail purchased its first 100 electric vehicles in December 2017, which were deployed in delivery offices across the UK.

Most of Royal Mail’s electric vans are charged on-site across the Company’s estate via a purchased 100.0% renewable electricity supply, meaning they are zero-emission.

In July, Royal Mail announced it was adding another 2,100 electric vans to its fleet over the next year as part of the Company’s overall annual vehicle replacement plan and to help achieve Net-Zero carbon emissions by 2040. It already has the largest electric delivery fleet in the UK, and the additions will increase the electric fleet to 7,100 vans. When all the new vans are in use, they are expected to reduce Royal Mail’s total emissions by around 6,000 tonnes of carbon dioxide equivalent per year.

The electrification of delivery vans is an important part of Royal Mail’s strategy to lower emissions from its vehicles. Royal Mail has also introduced hydrotreated vegetable oil (HVO) to fuel many of its heavy goods vehicle fleet, which is a renewable alternative to diesel that produces up to 90.0% less direct carbon emissions compared to diesel.

Royal Mail has the lowest reported carbon emissions per parcel of any UK delivery company (200g per parcel, based on average gCO2e emissions per parcel delivered by UK parcel operators) and aims to maintain this position in the long term. The Company’s ‘Steps to Zero’ environment strategy set a goal of achieving Net-Zero by 2040. The Company has already reduced Scope 1 and 2 emissions by 18.0% in four years, with a target to achieve a 50.0% reduction by 2030.

Zero-emission vehicles have developed into practical solutions for groupage logistics; acquisition costs and charging infrastructure remain obstacles to the expansion of electromobility.

DACHSER has put its 100th electric truck with a total weight of more than 3.5 metric tons into service. The 16-ton Volvo FL Electric with a refrigerated body will commence deliveries of fresh food to Hamburg and the surrounding area with immediate effect.

This model is from the latest generation of vehicles and is powered by a battery with a storage capacity of 375 kWh, which can reliably supply the refrigerating unit while still permitting a range of around 300 kilometres. The Company can use this e-truck to drive an entire day’s food logistics distribution route in place of a diesel vehicle with a refrigerating unit.

The new truck shows that e-mobility is coming of age in logistics and that fully practical solutions are now also available for food logistics or long-distance groupage. At the same time, charging stations are offering increased performance, which reduces downtimes.

Hamburg is one of three e-mobility sites that DACHSER operates. They enable the logistics provider to test emission-free trucks for groupage logistics and to study the interplay between photovoltaic systems, battery storage, intelligent charging systems, and charging infrastructure. Including the new Volvo FL Electric, Hamburg now has four battery-electric distribution vehicles and three long-distance electric trucks in DACHSER yellow and blue. The logistics provider serves a defined area of downtown Hamburg with exclusively zero-emission deliveries, albeit only of non-refrigerated goods.

GLP has announced that GLP Clean Energy, its renewable energy business in Europe, has begun the installation of a landmark solar energy project at its warehouse facility at Business Park Amsterdam Osdorp, in the Nieuw-West district of Amsterdam, in the western Netherlands.

GLP’s 24,000 SQM Grade-A warehouse at Business Park Amsterdam Osdorp, built in accordance with BREEAM Excellent certification standards, will feature 4,000 PV modules with 2.2 MW of power generation capacity. These will supply the equivalent of 525 Dutch households annually, delivering a reduction in CO2 emissions by approximately 645 tons.

An agreement has been signed with Brocacef, the Dutch-based pharmaceutical wholesale company that has long-leased the facility for its last-mile delivery operations, to take 100.0% of the clean energy produced by the facility, including charging a fleet of electric vans. Brocacef will receive sustainable power at a fixed and significantly competitive pricing with no upfront investment required. The solar installation is set to be operational by March 2025.

Situated in one of the Netherlands’ most connected logistics hubs, the facility is strategically positioned between Amsterdam Airport Schiphol and the city centre. In addition to easy access to transport by water and air, the warehouse is close to the A4, A5 and A9 motorways. The business park also offers links to key transport networks, including the A1 and A2 motorways, ensuring seamless connectivity across the country and beyond.

The warehouse features best-in-class specifications, including a 16,666 m2 warehouse area, a clear height of 12 meters and a floor load capacity of 50 kN per square meter. With 30 van dock doors equipped with EV chargers, six truck dock doors, and ample parking spaces, the facility is well-suited to support Brocacef’s last-mile delivery operations.

GLP Osdorp has been designed with biodiversity benchmarks at its core, in order to establish the facility as a model for integrating ecological best practices into modern logistics assets. These include ensuring that at least 10.0% of the total land area is dedicated to greenery or water features, excluding parking lots. The design incorporates green or living roofs and walls wherever feasible, with at least 10.0% of the façade visible from public roads adorned with green elements. Native tree species have additionally been planted to create a sloping green roof surface that supports local ecology and enhances the site’s environmental impact.

Amazon has placed its largest-ever order of more than 200 battery-electric heavy goods vehicles – and has selected the Mercedes-Benz eActros 600 - also the largest order for electric trucks in the history of Mercedes-Benz Trucks.

Over the next 18 months, the eActros 600 trucks will be deployed across high-mileage routes in Amazon’s middle-mile network in the UK and Germany transporting cargo containers to and from Amazon’s fulfilment centres, sort centres and delivery stations. Before placing the order, Amazon undertook testing of a prototype eActros 600 at one of its logistics centres in Germany.

More than 140 of the eActros 600 trucks will be deployed in the UK and are expected to transport more than 300 million packages each year with no exhaust emissions once fully operational.

Amazon intends to install additional fast charging infrastructure across its key UK sites, including 360kW electric charging points capable of charging the eActros 600 trucks from 20 to 80.0% in just over an hour. The electric trucks have a range of 310 miles (500 km) on a full charge.

The high battery capacity of over 600 kilowatt hours - hence the model designation 600 – and a new, highly efficient electric drive axle developed in-house enable the eActros truck to achieve a range of 500 kilometres (310 miles) without intermediate charging. This range is achieved in realistic and practical conditions with a gross combination mass of 40 tonnes, which can also be significantly exceeded depending on the driving style and route.

Intermediate charging during statutory driver breaks – even without megawatt charging (MCS) – mean the eActros 600 could cover over 1,000 kilometres per day, as long as charging infrastructure is available.

This flagship eHGV has already proven its capabilities several times under real-life conditions: In customer use and as part of the “eActros 600 European Testing Tour 2024”, a 15,000 kilometres all-electric development trip through a total of 22 countries with a gross combination mass of 40 tonnes.

The eActros 600 has three battery packs, each with 207 kWh. These offer an installed total capacity of 621 kWh. Nominal capacity of new battery, based on internally defined boundary conditions, may vary depending on use case and ambient conditions.

The range was determined internally under specific test conditions, after preconditioning with a 4x2 tractor unit with a 40 tonnes total towing weight at 20C outside temperature in long-haul operation and may deviate from the values determined in accordance with Regulation (EU) 2017/2400

GEODIS has announced that the SBTi has approved its near-term science-based emission reduction target. The SBTi approval acknowledges GEODIS' commitment to addressing climate change and confirms that the Group's strategy aligns with the 2015 Paris Agreement, seeking to limit global temperature rise to 1.5C by the end of this century.

GEODIS’ Climate Commitments Validated by the Science Based Targets Initiative (SBTi)

On scope 1 & 2, GEODIS has committed, from a 2022 base year, to:
> An absolute reduction of 42.0% greenhouse gas emissions (GHG) related to energy consumption by 2030.

On scope 3, GEODIS has four near-term targets within the same timeframe (2022-2030):
> An absolute reduction of GHG emissions from fuel and energy related activities not included in scope 1 & 2 of 25.0%.
> An intensity reduction objective of 25.0% GHG emissions per tkm from subcontracted container shipping, road and rail operations, covering upstream transportation and distribution.
> A further absolute reduction of scope 3 GHG emissions from upstream transportation and distribution of 25.0% (air transportation).
> And finally, an absolute reduction of 42.0% GHG emissions for the use of sold products.

These objectives frame the Group's comprehensive strategy to drive decarbonisation across all business areas and regions. The Group's expertise, strategic partnerships, innovation and commitment to continuous improvement are key enablers of this strategy, which focuses on achieving measurable progress in reducing emissions.

The Company has mapped out clear decarbonisation pathways for each line of business, with a special focus on transitioning its own fleet to alternative energy sources and selecting partners acting in the same direction. This means speeding up the ramp-up of electric technology, bio-sourced fuels and building the necessary infrastructure to support these changes.

In addition to transforming its own fleet, GEODIS is committed to reducing emissions across all forms of transport in its operations. By using the best transport mode combination, increasing the use of sustainable marine and aviation fuels, and by optimising the efficiency of all transport resources, it supports customers in meeting their own climate goals.

GEODIS' climate action extends beyond fleet decarbonisation. It includes an ambitious plan to reduce carbon emissions at company sites by 2030, targeting a 40.0% improvement in energy efficiency and ensuring that at least 90.0% of energy used comes from low-carbon sources. All new site projects incorporate stringent environmental criteria.

To ensure the long-term success of these initiatives, GEODIS leverages digital tools for optimising routing, loading and energy efficiency, and continuously drives awareness campaigns to empower its teams with climate knowledge. The Company's leadership team is directly involved with climate-related criteria already integrated into senior executives' variable compensation. Environmental factors are also considered in key decision-making processes, such as investments and acquisitions. Through these measures, the Group demonstrates its commitment to addressing climate change and contributing to international efforts to reduce global emissions.

Marks & Spencer has announced the introduction of 85 zero or lower emission vehicles to its supply chain logistics fleet. As part of its Plan A roadmap to Net Zero by 2040, the retailer has committed to move to low carbon logistics, increased use of new technologies and cleaner fuels.

Five zero emission battery electric HGVs will operate between M&S’ Clothing & Home distribution centre in Welham Green, and 30 stores across London and the South East, including Oxford Street and Bluewater. The 42-tonne battery electric Renault trucks will directly replace equivalent diesel trucks. The vehicles are delivered under the eFREIGHT 2030 project, part of the UK Government’s zero emission HGV and infrastructure demonstrator programme (ZEHID) which aims to decarbonise road freight transport by accelerating the uptake of zero emissions heavy goods vehicles and their charging infrastructure. As one of the founding members of the eFREIGHT 2030 project, M&S will gain insight into the performance of battery electric HGVs to demonstrate how they can replace conventional HGVs, which will inform future planning decisions while the retailer continues to implement cleaner burn fuels and lower emission vehicles.

From September, M&S also started taking delivery of 30 new vehicles that run on compressed natural gas for its Clothing & Home business, the first retailer to introduce 6x2 CNGs in the UK. This follows a long-term collaborative trial with IVECO - the first manufacturer to offer a 6x2 compressed natural gas vehicle - testing the vehicle’s reliability, fuel economy and green credentials. The retailer also recently introduced 50 4x2 compressed natural gas vehicles to its Food logistics business Gist as part of its food supply chain transformation. The compressed natural gas lorry cabs are powered by biomethane, a sustainable renewable fuel derived from waste products including food, animal manure and waste water, which reduces CO2 emissions by up to 85.0% versus a diesel engine.

Once these 85 vehicles are in operation, almost 10.0% of M&S’ total transport fleet will be powered by zero or lower-emission solutions. M&S continues to innovate and invest in projects to reduce carbon emissions across its operations as part of its Plan A roadmap to Net Zero. Earlier this year the retailer announced a string of new investments in collaborative, pioneering projects, funded through its Plan A Accelerator Fund. Initiatives include a trial producing green hydrogen through electrolysis technology using wind/solar power generated on farms to replace fossil fuels.

FedEx announced the launch of its first electric vehicles (EVs) in Korea. This milestone marks a major step towards reducing the Company’s carbon footprint in the country and progress towards the Company’s goal of achieving carbon-neutral operations by 2040.

FedEx has deployed six Hyundai ST1 Electric Cargo Vans to support its parcel pickup and delivery operations within high-traffic areas in Seoul and Busan, with additional units to follow within this year. The vehicles offer a 1-ton load capacity and estimated range of up to 317 kilometres on a full charge.

Each vehicle is estimated to avoid around 7 metric tons of tailpipe emissions per year, based on estimated distance travelled on planned routes when compared to diesel-powered vans. This deployment not only demonstrates the FedEx commitment to reducing its environmental impact, including a goal to have an entirely zero-tailpipe emissions parcel pickup and delivery fleet by 2040, but may improve operational efficiency in dense urban environments.

This initiative is also aligned with Korea’s goal of reducing emissions by 40.0% by 2030 compared to 2018 levels and achieving carbon neutrality nationally by 2050. In addition to vehicle electrification, FedEx is also investing in other areas such as aircraft modernisation, sustainable fuels, efficient facilities, and is supporting carbon sequestration research to help deliver a more sustainable future.

The Company has also launched FedEx Sustainability Insights, a cloud-based carbon emissions reporting tool that provides customers with historical emissions data for their shipments within the FedEx network. This information can help customers make more informed decisions about their shipping strategies to help reduce their impact to the environment.

NTG Germany GmbH, the holding company for the Road & Logistics subsidiaries of NTG Nordic Transport Group in Germany, has announced that Michael Krell assumes the role as CEO, effective 01 May 2025.

Michael brings a wealth of experience to his new role at NTG. He began his career at Panalpina and Spedlog before joining Dachser, where he held various leadership positions in operations, commercial activities, and HR. Since 2011, Michael has been with DB Schenker, serving as Branch Manager for the Ditzingen branch and most recently as Head of Field Sales for land transportation in Germany and Switzerland.

Michael is renowned for his strategic approach and ability to inspire and lead teams to new achievements. His resume highlights his leadership, entrepreneurial spirit, sales expertise, and logistics specialisation. Alongside his industry experience, He is also a seasoned coach in leadership development and a keynote speaker.

Following the recent strategic acquisitions of Schmalz+Schön and ITC Logistic in Germany, having an experienced leader like Michael at the helm will be of great benefit to the entire organisation.

Michael resides in the Stuttgart area and will be operating out of Schmalz+Schön’s headquarters in Fellbach upon joining NTG.

FedEx has announced that Lance Moll, president of FedEx Freight, will retire after a distinguished 33-year career with the Company. He will serve in his current role until 31 January and then move into an executive advisor position until 31 July to ensure a seamless transition.

Moll joined FedEx in 1992 as a dock worker and served in a variety of field operations leadership positions as the Company expanded its network over the years. In 2018, he was promoted to Senior Vice President of Operations. While in this role, he led the North American operations and linehaul network teams to successfully navigate through the pandemic and challenging economic times, while ensuring employee safety and customer service remained as the highest priorities. In 2021, Moll was elevated to his current position. Under his leadership, the Freight team achieved record safety results, profitability, and operating margin.

With Moll’s departure, the FedEx Freight team will continue to report through John Smith, Chief Operating Officer of US & Canada surface operations, until a new CEO is named. Smith, who previously served as the CEO of FedEx Freight for three years, will work closely with the Separation Management Office overseeing the separation of FedEx and FedEx Freight into two industry-leading public companies. The separation remains on track to be executed within 18 months.

Nippon Express Logistics (China) Co., Ltd. has acquired ISO 45001:2018 (Occupational Health and Safety Management System) certification, from December 2024.

The NX Group strives to maintain and improve quality in its various operations as a useful means of ensuring sustainable corporate development and upgrading performance to enhance customer satisfaction, and Group companies around the world have been acquiring ISO certification with these aims in mind.

ISO 45001:2018 is an international standard for ensuring health and safety in the workplace that is designed to help companies systematically manage occupational health and safety risks and improve employee health standards and work efficiency.

NX Logistics China will use its recent certification as an opportunity to further strengthen internal management and employee training, to raise employee health and safety awareness and skill levels, and to ensure that all employees can operate in safe and healthy work environments.

Lufthansa Cargo welcomes two executives to new positions at the beginning of the year: Dr. Andre Schulz, previously Head of Region Middle East, Africa & South Asia & CIS, took over the position of Head of Region Europe on 01 January 2025. He has thus been responsible for all Lufthansa Cargo activities in the region since the beginning of the year, succeeding Oliver von Götz, who took over the position of Head of Global Fulfilment Management in the fall of 2024. Dr. Andre Schulz has been working for Lufthansa Group since 2008. After management roles at a number of international locations including 17 years of corporate and sales experience, he joined Lufthansa Cargo in 2022.

He will be succeeded by Stephanie Pöhn-Helbig, presently Head of Crew Control at Lufthansa Cargo, who will take up the position of Head of Region Middle East, Africa & South Asia & CIS from 01 March 2025. She will then manage Lufthansa Cargo activities for the region. Stephanie Pöhn-Helbig will be based in Frankfurt and with her nomination, Lufthansa Cargo is appointing another woman to the Company's management team. Over 30.0% of management positions are then held by female managers, which once again reflects the diversity of the Company. She brings a diverse background in aviation from various national and international locations through her officer career in the German Air Force. After further positions in the airline and aviation industry, she joined Lufthansa Group in 2021 and Lufthansa Cargo's crew management in 2023.

Hellmann Worldwide Logistics has appointed Céline Girard as its new Head of Airfreight Operations & Healthcare, Americas. With more than 18 years of global logistics expertise, Céline has a proven track record in driving excellence in air freight, healthcare, and operations

In her new role, she’ll focus on boosting air freight performance through operational excellence, automation, and innovation while enhancing the Company’s healthcare offerings across the Americas.

AeroLogic, the joint venture between DHL Express and Lufthansa Cargo, officially has a new second Managing Director and Chief Financial Officer as of 01 January 2025. Marcus Niedermeyer will be responsible for Finance, Human Resources, IT and Administration, a position he has held on an interim basis since July 2024. He succeeds Katharina Prost, who held the position from October 2022 to July 2024. In addition to Niedermeyer, the management team also includes Josef Moser, who joined the Company in January 2008 and has been Managing Director and Accountable Manager at AeroLogic since 01 May 2017.

Marcus Niedermeyer brings with him more than 29 years of professional experience both within and outside the Lufthansa Group. Before joining AeroLogic, Marcus Niedermeyer was most recently Managing Director of Air Mail Center Frankfurt GmbH from 2018 to June 2024. Prior to that, he held various management positions at Lufthansa Cargo.

AeroLogic has been a joint venture between DHL Express and Lufthansa Cargo since 2007 and is based at the key freight hub of Leipzig. The start of joint operations dates back to summer 2009. Lufthansa Cargo currently markets the capacities of a total of 18 Boeing 777 freighters. Six of these aircraft have been chartered by AeroLogic and are also operated by AeroLogic crews, but under a Lufthansa Cargo codeshare flight number. In addition, the AeroLogic fleet currently includes 16 further Boeing 777F aircraft, which are operated on behalf of DHL.

Kinaxia Logistics has begun 2025 on the front foot with new appointments to strengthen its senior team as it unveils investment plans for key areas of the business to drive forward its transformation strategy.

Gareth Jenkins, who has extensive experience across the manufacturing and retail sectors, has joined Kinaxia’s board as Executive Chairman. He succeeds Graham Norfolk in the role and will support the delivery of Kinaxia’s medium and long-term strategy.

Allan Blakeley has become Chief Operating Officer. Allan has over 30 years’ experience in UK and European logistics and ecommerce fulfilment, and will drive business efficiencies and prioritise operational excellence for customers.

Simon Nelson moves from COO to the new post of Managing Director, Contract Logistics. His role will be to develop and expand Kinaxia’s key customer base and contract logistics services.

The appointments come as Kinaxia takes a step forward in the delivery of its strategic plans with details of its investment programme for 2025.

Continuing the Company’s focus on getting closer to its customers, the investment will focus on key areas, including:

> Technology – to drive efficiency, reduce waste, improve asset optimisation and enhance the customer experience;
> Service excellence – by tailoring its logistics services and making greater use of business information and artificial intelligence to improve data-led decision-making;
> Talent retention – by developing skills, improving recruitment and enhancing the Company’s talent pool as it continues to focus on delivering great services to its customers;
> Sustainability – helping to decarbonise customer supply chains and its own carbon footprint.

Davies Turner has appointed Guillaume Bouyer as Head of Strategic Accounts – ISC & South East Asia within its ocean freight forwarding department. Bouyer joins a team of three other heads of trade each focussed on different regions served by Davies Turner’s comprehensive portfolio of international ocean freight operations including LCL and FCL import and export services.

The other three heads of trade cover Africa and the Americas; Asia LCL Imports & China Rail; and East Asia, respectively, all reporting to ocean freight director, Tony Cole. The five have collective experience in the ocean freight environment approaching 100 years, the majority of which has been in the employment of Davies Turner.

Bouyer joined Davies Turner in 2010 on its graduate recruitment programme and has a proven track record of operational and commercial successes during his 14 years at the Company.

Stefan Behrendt took over responsibility for DACHSER Food Logistics on 01 January 2025. He succeeds COO Road Logistics Alexander Tonn, who had also held the position of Managing Director Food Logistics since 01 January 2024.

Stefan Behrendt joined DACHSER in 2015, initially as head of the Niederrhein logistics centre in Neuss, where he successfully expanded the food transport and storage business. While still under outgoing Managing Director Alfred Miller, he moved to DACHSER’s Head Office in Kempten on 01 October 2023. Since then, as Deputy Managing Director Food Logistics, he has dedicated himself to this business line’s strategic orientation and further development. Behrendt began his logistics career at DHL Freight before working for several years in international management positions and as a branch manager at the food logistics company Nagel Group.

The Food Logistics business line has grown strongly over the past two years through the acquisitions of Müller Fresh Food Logistics in the Netherlands, Frigoscandia in Sweden and the Nordic region, and Brummer Logistik in southern Germany and Austria. Today, DACHSER’s food transport and storage business contributes around €2.0 billion to the Company’s revenue.

DACHSER Food Logistics is represented by its own country organizations in Belgium, France, Hungary, and Italy in addition to its home market of Germany. DACHSER is also the system leader of the European Food Network, which covers 34 European countries and offers manufacturers, suppliers, and retailers in the food market access to leading network coverage for groupage transports within Europe.

Seafrigo, the cold chain logistics expert, specialising in food logistics has opened its first office in Vietnam. At the same time, it has appointed Fabian Hautiere to head up operations in the country as Managing Director.

Fabian Hautiere joins Seafrigo from Kuehne + Nagel where he was National Key Account Manager specialising in consumer goods. He also has extensive experience on the operational side of the business where he worked as a Senior Supply Chain Manager for a leading fine food import company in Vietnam where he has lived for the last 12 years.