Toppoint Holdings Enhances Supply Chain Efficiency for Fr. Meyer’s Sohn, One of the World’s Largest Forwarding Companies

Rhea-AI Summary

Toppoint Holdings (TOPP) has announced its significant contribution to Fr. Meyer's Sohn (FMS) northeast drayage division's achievement of record import container volumes in 2025. The partnership, initiated in 2023, involves drayage services across the ports of Newark, Philadelphia, and Baltimore.

Notably, Toppoint played a important role during the Baltimore bridge collapse in 2024, ensuring smooth cargo transport during the force majeure event. FMS, ranking among the top 10 global sea freight forwarding companies, operates with over 1,000 specialists across 25+ countries.

According to CEO Leo Chan, this collaboration advances Toppoint's strategic objectives of:

• Increasing import volumes
• Maximizing container utilization for import/export orders
• Growing revenue
• Reducing carbon footprint

Positive

• Record import container volumes achieved in 2025
• Successful handling of force majeure event during Baltimore bridge collapse
• Strategic expansion across three major ports (Newark, Philadelphia, Baltimore)
• Partnership with top 10 global sea freight forwarding company

Negative

• None.

Insights

Toppoint Holdings' announcement regarding its strategic partnership with Fr. Meyer's Sohn (FMS) represents a meaningful operational development for this $35 million market cap logistics company. This partnership has enabled one of the world's largest freight forwarding companies to achieve record import container volumes in 2025, demonstrating Toppoint's growing capabilities in the competitive drayage services market.

Toppoint has successfully positioned itself as a critical logistics partner for FMS across multiple major East Coast ports since 2023. Particularly noteworthy was the company's performance during the 2024 Baltimore bridge collapse, where it successfully managed a significant supply chain disruption for a major global client. This operational resilience showcases Toppoint's adaptability and execution capabilities in challenging circumstances.

The partnership's success in driving record volumes directly supports Toppoint's strategic objectives of increasing import volumes, maximizing container utilization, growing revenue, and reducing environmental impact. For a microcap company, securing and expanding relationships with global logistics leaders like FMS (with 1,000+ specialists across 25+ countries) represents a significant competitive advantage and potential growth catalyst.

While the announcement lacks specific financial metrics or quantification of the volume growth, the achievement suggests positive operational momentum. The company's ability to maintain service quality across multiple ports demonstrates scalable capabilities that could attract additional clients seeking reliable drayage services. As supply chain optimization remains critical for global businesses, Toppoint's demonstrated expertise positions it well within the logistics ecosystem.

Efficient Handling of High-Volume Imports Optimizes Fr. Meyers Sohn Northeast Drayage Division Supply Chain Operations, Leading to Record Year-to-Date Import Volumes in 2025

North Wales, PA, March 12, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (“Toppoint” or the “Company”) is pleased to announce its crucial role in enabling Fr. Meyer’s Sohn northeast drayage division, a family-owned global forwarding company with over 125 years of experience, to achieve record import container volumes so far in 2025. Since 2023, Fr. Meyer’s Sohn northeast drayage division (FMS) has leveraged Toppoint’s drayage services to streamline logistics operations across the ports of Newark, Philadelphia, and Baltimore. The partnership proved particularly crucial during the Baltimore bridge collapse in 2024, when Toppoint facilitated the seamless transport of all cargo impacted by the “force majeure” event.

As one of the 10 largest sea freight forwarding companies worldwide, FMS offers tailored logistics solutions across all modes of transport, focusing on optimizing supply chains for its customers. With more than 1,000 transport and logistics specialists in over 25 countries, FMS is dedicated to providing sustainable services and innovative digital solutions.

“Toppoint's efficient handling of high-volume imports has enabled Fr. Meyer’s Sohn northeast drayage division to optimize its supply chain operations, ensuring timely and reliable delivery for its customers,” said Leo Chan, CEO of Toppoint Holdings. “This achievement continues to advance Toppoint’s strategic goals of increasing import volumes, maximizing container utilization for both import and export orders, growing revenue, and reducing the carbon footprint. This partnership not only demonstrates the strength and flexibility of our drayage services but also underscores our commitment to providing seamless logistics solutions that help our clients overcome unexpected challenges. By leveraging our extensive port network and operational expertise, we have been able to simplify complex logistics processes for FMS, allowing them to focus on their core business objectives. As we continue to expand our capabilities, we remain dedicated to delivering exceptional service, enhancing efficiency across the supply chain, and supporting sustainable practices that benefit both our clients and the environment."

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 https://toppointtrucking.com/.

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
TOPP@crescendo-ir.com

FAQ

What impact has Toppoint Holdings (TOPP) had on Fr. Meyer's Sohn's northeast operations in 2025?

Toppoint's drayage services helped FMS achieve record import container volumes in 2025, optimizing operations across Newark, Philadelphia, and Baltimore ports.

How did Toppoint Holdings (TOPP) handle the 2024 Baltimore bridge collapse crisis?

Toppoint successfully facilitated seamless transport of all cargo impacted by the force majeure event during the Baltimore bridge collapse.

What are the key strategic goals Toppoint (TOPP) aims to achieve through the FMS partnership?

Goals include increasing import volumes, maximizing container utilization, growing revenue, and reducing carbon footprint.

When did Toppoint Holdings (TOPP) begin its partnership with Fr. Meyer's Sohn's northeast division?

The partnership began in 2023, providing drayage services across three major ports: Newark, Philadelphia, and Baltimore.