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GEODIS Holds Margins Despite Soft Freight

[ August 4, 2026   //   ]

GEODIS maintained stable profitability during the first half of 2026 despite mixed freight market conditions, as strength in international forwarding offset weaker road transport demand across Europe and the U.S.

The global logistics provider reported first-half revenue of €5.3 billion, down 1.4 percent at constant scope and exchange rates, while maintaining an EBITDA margin of 10 percent, slightly above the 9.9 percent recorded during the same period a year earlier.

GEODIS said its freight forwarding operations benefited from ongoing geopolitical uncertainty, shifting trade flows and tariff-related supply chain adjustments, particularly in air and ocean freight. Contract logistics revenue remained stable as new customer wins offset softer volumes in existing operations.

Road transport continued to face headwinds, however. The company cited weak demand in France, the U.S. and much of Europe, with Poland’s less-than-truckload market standing out as an exception because of stronger industrial activity.

“Our results demonstrate the resilience of our diversified business model in an environment that remains volatile and uncertain,” CEO Marie-Christine Lombard said. She said geopolitical tensions, industrial transformation, reshoring initiatives and the energy transition continue to reshape global supply chains, increasing demand for flexible logistics solutions.

Despite the uncertain market, GEODIS continued investing in its network during the first half. The company completed its acquisition of French transport company Transports Malherbe, expanded its logistics footprint at the Port of Le Havre and continued rolling out initiatives under its 2026-2030 strategic plan.

The results underscore a broader trend emerging across the logistics sector, with forwarding and contract logistics proving more resilient than domestic trucking operations as global supply chains continue to adjust to shifting trade policies and persistent geopolitical disruptions.

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