From Yahoo Finance: 2025-06-11 08:30:00

Toppoint Holdings Inc. signed an MoU with Chancay, Peru to revamp waste management. CEO Leo Chan and Mayor Alvarez Andrade aim to address rising construction waste with new landfill, transfer station, and recycling initiatives, attracting strategic partners for sustainable investment in the region’s growing industrial sectors.

Chancay, a key logistics hub in South America, is experiencing rapid growth due to a new mega port, necessitating advanced waste management solutions to support development and protect the environment. Toppoint’s partnership with Chancay underscores its commitment to sustainable infrastructure in global markets, recognizing the importance of waste management systems in supporting growth.

In a separate agreement, Toppoint signed a strategic MOU with Chinese air cargo leader Jinyangcheng to explore joint air freight operations, initially focusing on JFK Airport with plans to expand globally. The partnership enhances Toppoint’s trans-Pacific logistics capabilities and supports its global expansion strategy, strengthening its position in the industry.

TOPP shares closed 1.08% higher at $1.88 on Tuesday. This news comes as Toppoint continues to expand its strategic partnerships and investments in sustainable infrastructure solutions, reflecting a commitment to addressing environmental challenges while driving growth in key markets like Peru and China.

Read more: Toppoint Signs MoU With Peru’s Chancay Municipality To Overhaul Waste Management