Toppoint Holdings Signs Strategic MOU with Chinese Air Cargo Leader Jinyangcheng to Expand Global Freight Capabilities
Toppoint Holdings (NYSE American: TOPP) has signed a strategic Memorandum of Understanding (MOU) with Chinese air cargo leader Jinyangcheng to enhance global freight capabilities. The partnership will initially focus on operations at JFK Airport in New York, with planned expansion to Los Angeles (LAX), Houston (IAH), Miami (MIA), Chicago (ORD), and Paris Charles de Gaulle (CDG) airports.
The agreement establishes a framework for evaluating and exchanging logistics strategies and operational data to identify synergy opportunities in cross-border air freight services. Both companies will collaborate on analyzing freight flows, ground support operations, and value-added services to improve their global service offerings.
Toppoint Holdings (NYSE American: TOPP) ha firmato un Memorandum d'Intesa strategico con il leader cinese del trasporto aereo merci Jinyangcheng per potenziare le capacità di trasporto globale. La collaborazione inizierà concentrandosi sulle operazioni presso l'Aeroporto JFK di New York, con un'espansione pianificata verso gli aeroporti di Los Angeles (LAX), Houston (IAH), Miami (MIA), Chicago (ORD) e Parigi Charles de Gaulle (CDG).
L'accordo definisce un quadro per valutare e scambiare strategie logistiche e dati operativi al fine di individuare opportunità di sinergia nei servizi di trasporto aereo merci transfrontalieri. Entrambe le aziende collaboreranno nell'analisi dei flussi di merci, delle operazioni di supporto a terra e dei servizi a valore aggiunto per migliorare la loro offerta globale di servizi.
Toppoint Holdings (NYSE American: TOPP) ha firmado un Memorando de Entendimiento estratégico con el líder chino en carga aérea Jinyangcheng para mejorar las capacidades de transporte global. La colaboración se centrará inicialmente en las operaciones en el Aeropuerto JFK de Nueva York, con planes de expansión a los aeropuertos de Los Ángeles (LAX), Houston (IAH), Miami (MIA), Chicago (ORD) y París Charles de Gaulle (CDG).
El acuerdo establece un marco para evaluar e intercambiar estrategias logísticas y datos operativos con el fin de identificar oportunidades de sinergia en los servicios de carga aérea transfronteriza. Ambas compañías colaborarán en el análisis de los flujos de carga, las operaciones de apoyo en tierra y los servicios de valor añadido para mejorar su oferta global de servicios.
Toppoint Holdings (NYSE American: TOPP)는 중국 항공화물 선두 기업 Jinyangcheng과 전략적 양해각서(MOU)를 체결하여 글로벌 화물 운송 역량을 강화합니다. 이번 협력은 뉴욕의 JFK 공항 운영에 우선 집중하며, 이후 로스앤젤레스(LAX), 휴스턴(IAH), 마이애미(MIA), 시카고(ORD), 파리 샤를드골(CDG) 공항으로 확장할 계획입니다.
이 협약은 국경 간 항공 화물 서비스에서 시너지 기회를 찾기 위해 물류 전략과 운영 데이터를 평가하고 교환하는 틀을 마련합니다. 양사는 화물 흐름, 지상 지원 운영, 부가가치 서비스 분석을 공동으로 진행하여 글로벌 서비스 제공을 개선할 것입니다.
Toppoint Holdings (NYSE American : TOPP) a signé un protocole d'accord stratégique avec le leader chinois du fret aérien Jinyangcheng afin de renforcer ses capacités de transport mondial. Ce partenariat se concentrera initialement sur les opérations à l'aéroport JFK de New York, avec une expansion prévue vers les aéroports de Los Angeles (LAX), Houston (IAH), Miami (MIA), Chicago (ORD) et Paris Charles de Gaulle (CDG).
L'accord établit un cadre pour évaluer et échanger des stratégies logistiques et des données opérationnelles afin d'identifier des opportunités de synergie dans les services de fret aérien transfrontaliers. Les deux entreprises collaboreront à l'analyse des flux de marchandises, des opérations de soutien au sol et des services à valeur ajoutée pour améliorer leur offre mondiale de services.
Toppoint Holdings (NYSE American: TOPP) hat eine strategische Absichtserklärung (MOU) mit dem chinesischen Luftfrachtführer Jinyangcheng unterzeichnet, um die globalen Frachtkapazitäten zu verbessern. Die Partnerschaft wird sich zunächst auf die Aktivitäten am JFK Flughafen in New York konzentrieren, mit einer geplanten Erweiterung auf die Flughäfen Los Angeles (LAX), Houston (IAH), Miami (MIA), Chicago (ORD) und Paris Charles de Gaulle (CDG).
Die Vereinbarung schafft einen Rahmen zur Bewertung und zum Austausch von Logistikstrategien und Betriebsdaten, um Synergien im grenzüberschreitenden Luftfrachtverkehr zu identifizieren. Beide Unternehmen werden zusammenarbeiten, um Frachtströme, Bodenunterstützungsoperationen und Mehrwertdienste zu analysieren und so ihr globales Serviceangebot zu verbessern.
- Strategic partnership with a major Chinese air cargo company expands global reach
- Planned expansion across multiple major US airports and Paris CDG indicates significant growth potential
- Access to enhanced cross-border air freight services and operational synergies
- MOU is non-binding and only exploratory in nature
- No specific financial terms or timeline for implementation disclosed
- Success depends on future negotiations and agreement execution
Insights
Toppoint's MOU with Jinyangcheng establishes framework for transpacific cargo operations, potentially expanding global reach and revenue streams.
This MOU between Toppoint Holdings and Jinyangcheng represents a strategic positioning move in the competitive global logistics landscape. While still in the exploratory phase, the agreement outlines a clear geographic expansion strategy targeting six major air hubs that collectively form crucial nodes in global supply chains.
The initial focus on JFK Airport provides Toppoint immediate access to one of North America's busiest international cargo gateways, while the planned expansion to LAX, IAH, MIA, ORD, and CDG would connect the company to essential import/export channels across three continents. This network coverage would position Toppoint to capture freight volume along primary transpacific trade routes where capacity constraints have been persistent.
The partnership structure appears designed for operational knowledge exchange rather than capital investment, suggesting a capital-light approach to international expansion. By leveraging Jinyangcheng's established presence in China, Toppoint can potentially bypass years of relationship-building typically required to establish meaningful operations in the Chinese logistics market.
What's notable is the comprehensive hub selection strategy - the identified airports handle over 60% of US-China air cargo volume. This targeted approach indicates a methodical expansion plan rather than opportunistic market entry. The inclusion of Paris CDG suggests ambitions beyond just US-China routes toward a truly global network.
However, investors should recognize MOUs represent preliminary frameworks without binding commitments. The value creation timeline remains uncertain, as implementation details, revenue-sharing structures, and capital requirements have yet to be defined. The press release lacks specifics on Jinyangcheng's market position, fleet size, or current transpacific capacity, making it difficult to quantify potential synergies.
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, today announced that it has signed a strategic Memorandum of Understanding (“MOU”) with Jinyangcheng, a prominent air cargo company headquartered in Guangzhou, China, to explore joint opportunities in inbound and outbound air freight operations.
The MOU establishes a framework for strategic cooperation, starting with cargo movement through John F. Kennedy International Airport (JFK) in New York City, with plans to establish key logistics hubs at Los Angeles (LAX), Houston (IAH), Miami (MIA), and Chicago (ORD) airports, as well as international operations planned at Paris Charles de Gaulle Airport (CDG).
“This agreement represents a significant step in our international expansion efforts and reflects our continued commitment to global growth and operational excellence,” said Leo Chan, CEO of Toppoint Holdings. “By partnering with Jinyangcheng, a respected leader in transpacific air cargo logistics, we are positioned to enhance our global service capabilities, streamline freight movement across key corridors, and deliver greater value to our customers.”
Under the agreement, the companies will evaluate and exchange logistics strategies and operational data to identify synergy opportunities in cross-border air freight services. This includes analyzing freight flows, ground support operations, and value-added services that will allow both companies to better serve customers on a global scale.
Mr. Huang Yongqiang, CEO of Jinyangcheng, added, “Partnering with a publicly traded company like Toppoint Holdings is a meaningful step toward creating a more agile and efficient air cargo network between China and the United States. We are excited to explore how this relationship can evolve into a long-term strategic partnership."
This agreement marks an important step in Toppoint’s international expansion strategy and supports its vision to become a preferred logistics enabler connecting key global trade corridors.
About Jinyangcheng
Jinyangcheng is an international air cargo logistics company based in Guangzhou, China, specializing in high-volume air freight services between China and global trade hubs. The company offers a broad range of cargo handling, customs, and logistics services, with a reputation for speed, compliance, and scalable operations.
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, and imports, 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 available at www.sec.gov.
Investor Relations Inquiries:
Crescendo Communications, LLC
212-671-1020
TOPP@crescendo-ir.com
FAQ
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