TOPP TOPPOINT HOLDINGS INC

Toppoint Holdings Expands Into New Multi-Billion-Dollar Vertical Through Strategic Collaboration with Leading Refrigerated Logistics Provider

Toppoint Holdings Expands Into New Multi-Billion-Dollar Vertical Through Strategic Collaboration with Leading Refrigerated Logistics Provider

North Wales, PA, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint” or the “Company”) is excited to announce its expansion into refrigeration logistics, marking a key milestone in its diversification strategy. Through a new strategic collaboration with a leading refrigerated logistics provider, specializing in the safe and efficient transport of temperature-sensitive goods, Toppoint will manage an increasing supply of refrigerated containers at the ports of Newark, NJ, Philadelphia, PA, and Baltimore, MD.

Originally focused on serving small to mid-sized food companies in the Great Lakes region, this logistics provider has grown into a nationwide leader, delivering cost-effective cold-chain solutions and seamless freight management. With expertise in full truckload and less-than-truckload shipments, it optimizes refrigerated logistics alongside a broad range of transportation services, including dry, flatbed, and oversized freight. Trusted by businesses worldwide, the company continues to expand its offerings to meet the evolving demands of the supply chain industry.

This expansion enhances Toppoint’s operational resilience by securing a consistent pipeline of work, mitigating the volatility caused by fluctuations in ship volume and port traffic. By entering the refrigeration logistics sector, Toppoint aims to establish more stable revenue streams while enhancing its service offerings for both new and existing clients.

“Expanding into refrigeration logistics is not just a logical step for Toppoint—we believe it is a transformative move that will strengthen our long-term growth strategy,” said Leo Chan, CEO of Toppoint Holdings. “The global refrigerated transport market was valued at $123.59 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.6% through 2030, according to . By leveraging our existing operational strengths and entering this fast-growing sector, Toppoint is positioning itself to capitalize on substantial market opportunities while enhancing our resilience to fluctuations in traditional container logistics.”

“This collaboration represents a seamless alignment of values and expertise. With our proven track record in logistics and our partner’s deep knowledge of the refrigeration supply chain, we are confident this collaboration will deliver measurable benefits. For Toppoint, this move secures a predictable revenue stream, improves asset utilization, and strengthens our overall market position.”

About Toppoint Holdings Inc.

Established in 2014 and headquartered in North Wales, Pennsylvania, Toppoint Holdings Inc. specializes in the transport of wastepaper, scrap metal, and wooden logs for large waste companies, recycling centers, and commodity traders. The Company’s operations extend to major ports, including Newark, NJ, and Philadelphia, PA. With a commitment to growth and innovation, Toppoint Holdings recently expanded into the recycling export transport markets of Tampa, Jacksonville, and Miami, FL; Baltimore, MD; and Ensenada, Mexico, as of 2024. The Company also provides trucking and logistics brokerage solutions for plastic and other commodities, servicing key commercial hubs across the U.S. For additional information, please go to

FORWARD-LOOKING STATEMENTS

Certain statements in this press release are “forward-looking statements” as defined under the federal securities laws. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe,” “plan,” “expect,” “intend,” “should,” “seek,” “estimate”, “will”, “aim” and “anticipate”, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.

Investor Relations Inquiries:

Crescendo Communications, LLC

212-671-1020



EN
18/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TOPPOINT HOLDINGS INC

 PRESS RELEASE

Toppoint Holdings Signs Potentially Transformative MOU with the Munici...

Toppoint Holdings Signs Potentially Transformative MOU with the Municipalidad Distrital de Chancay, Peru to Develop Sustainable Waste Management System Aims to Boost Environmental Sustainability and Economic Development in Chancay North Wales, PA, June 11, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (NYSE American: TOPP), a publicly traded logistics and infrastructure solutions company, today announced it has entered into an MOU with the Municipalidad Distrital de Chancay, Peru—signaling the start of a potentially transformative partnership. The initial focus of this collaboration i...

 PRESS RELEASE

Toppoint Holdings Signs Strategic MOU with Chinese Air Cargo Leader Ji...

Toppoint Holdings Signs Strategic MOU with Chinese Air Cargo Leader Jinyangcheng to Expand Global Freight Capabilities Memorandum of Understanding Establishes Framework for Transpacific Collaboration; Initial Focus on JFK Airport (JFK) in New York with Expansion Planned for Los Angeles (LAX), Houston (IAH), Miami (MIA), and Chicago (ORD) Airports, as well as International Operations at Paris Charles de Gaulle Airport (CDG) North Wales, PA, May 27, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (NYSE American: TOPP), a leading provider of integrated logistics and transportation services...

 PRESS RELEASE

Toppoint Holdings Reports Q1 2025 Revenue Growth - Driven by 37% Incre...

Toppoint Holdings Reports Q1 2025 Revenue Growth - Driven by 37% Increase in Import Volumes Scales Import Operations, and Advances Diversification and Infrastructure Initiatives North Wales, PA, May 15, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint Holdings” or the “Company”) today announced financial results for the first quarter ended March 31, 2025, and shared updates on recent operational and strategic progress following its January 2025 initial public offering. “Our first quarter as a public company highlights the strength of our business model and ability to captur...

 PRESS RELEASE

Toppoint Holdings Provides 2024 Year-End Business Update and Strategic...

Toppoint Holdings Provides 2024 Year-End Business Update and Strategic Growth Outlook Successfully Completed IPO on NYSE American, Paving the Way for Accelerated Growth Capital Deployment Focused on Infrastructure, Technology, and Scaling - Modernized Fleet Investment Boosts Efficiency and Service Reliability North Wales, PA, April 16, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint Holdings” or the “Company”) today provided a business update for the year ended December 31, 2024. “2024 was a pivotal year for Toppoint, marked by continued profitability, stable margins, and ...

 PRESS RELEASE

Toppoint Holdings Inc. Announces the Appointment of Jimmy M. Wong to i...

Toppoint Holdings Inc. Announces the Appointment of Jimmy M. Wong to its Board of Directors North Wales, PA, March 28, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint Holdings” or the “Company”) today announced the appointment of Mr. Jimmy M. Wong to its Board of Directors, effective March 25, 2025, replacing Mr. Dingding He, who resigned from the Board on March 23, 2025. Mr. Wong has also been elected to serve as Chair of the Audit Committee, and as a member of the Compensation Committee and the Nominating and Corporate Governance Committee. He has been designated as the Comp...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch