Toppoint Holdings Inc. Announces Major Recycling Industry Client Acquisition, Expanding Commitment to Export Growth
Rhea-AI Summary
Toppoint Holdings (NYSE American: TOPP) has secured a major customer acquisition in the recycling sector through its subsidiary Toppoint Inc. The new client operates seven facilities across Massachusetts, New Jersey, and Connecticut, ranking among the Northeast's largest independent recyclers.
The partnership is expected to generate up to $800,000 in additional annual revenue for Toppoint, strengthening its position in the U.S. export market. The company will manage recyclable commodities including metals and waste paper for international markets, leveraging its integrated logistics model focusing on drayage, port services, and export container management.
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News Market Reaction
On the day this news was published, TOPP gained 6.19%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.0% during that session. Argus tracked a trough of -5.1% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $35M at that time.
Data tracked by StockTitan Argus on the day of publication.
North Wales, PA, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Toppoint Holdings Inc. (NYSE American: TOPP) (“Toppoint” or the “Company”), a leading truckload services and logistics provider focused on the recycling export supply chain, today announced that its wholly owned subsidiary, Toppoint Inc, has added a significant new customer in the recycling sector. The new client, a multi-state recycling producer operating seven strategically located facilities across Massachusetts, New Jersey, and Connecticut, represents one of the largest independent recyclers in the Northeast region.
This new customer relationship reinforces Toppoint’s longstanding pledge to support the recycling industry and aligns directly with the Company’s strategy of growing its role in the U.S. export market. By partnering with one of the region’s most prominent recycling producers, Toppoint is positioned to handle increased volumes of recyclable commodities destined for international markets, including metals, waste paper, and other key recyclables.
The relationship is expected to contribute up to
“This is a pivotal step for Toppoint as we continue to expand our footprint within the recycling and export industries,” said Leo Chan, Chief Executive Officer of Toppoint Holdings Inc. “The addition of such a major recycling producer to our customer portfolio highlights our capacity to serve the largest and most complex logistics needs while supporting global sustainability and circular economy initiatives.”
Toppoint’s integrated logistics model—focusing on drayage, port services, and export container management—creates efficiency for customers by seamlessly connecting regional producers to global markets. The addition of this new client solidifies Toppoint’s reputation as a trusted partner in facilitating U.S. exports while simultaneously contributing to the reduction of environmental impact through recycling logistics.
“This new relationship is another example of how Toppoint is delivering on its pledge to grow responsibly with an emphasis on industries that matter,” said John Feliciano III, Chief Financial Officer of Toppoint Holdings Inc. “We are proud to be at the intersection of sustainability and international trade, ensuring long-term value creation for both our clients and our shareholders.”
About Toppoint Holdings Inc.
Toppoint Holdings Inc. (NYSE American: TOPP) is a diversified logistics and transportation company specializing in drayage, port logistics, and international trade solutions. Its subsidiary, Toppoint Inc, focuses on containerized freight, recycling logistics, and export growth strategies, servicing major ports along the U.S. East Coast.
For more information, please visit: www.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 Securities and Exchange Commission available at www.sec.gov.
Media Contact:
Toppoint Holdings Inc.
North Wales, PA 19454
Phone: 551-866-1320
investors@toppointtrucking.com
FAQ
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