New Century Logistics Soars 20.47% on Asian Expansion

New Century's stock surged 20.47% in pre-market trading on June 4, 2025, driven by significant strategic developments in the logistics sector.

New Century Logistics has announced its intention to acquire a 51% stake in Asiatic Logistics Limited, a move that signifies a major strategic expansion in the Asian market. This acquisition builds on a previous Strategic Cooperation Framework Agreement signed in July 2023, aiming to bolster New Century's presence in Japan and Southeast Asia. Asiatic Logistics, established in 2007, specializes in air freight markets, offering core services such as the Japan Dedicated Line and e-commerce charter flights. This acquisition is set to enhance New Century's global logistics ecosystem by creating an integrated Asia-Europe-Middle East corridor, with Japan becoming a key strategic hub.

The deal is expected to bring significant operational synergies and market penetration, as New Century gains immediate access to established air freight operations in Japan and Southeast Asia. The acquisition also targets the high-growth e-commerce logistics segment, with plans to develop customized logistics products offering 72-hour customs clearance and 48-hour door-to-door service. This strategic move aligns with broader industry consolidation trends, positioning New Century as an integrated global logistics provider with enhanced capabilities in the rapidly growing Asian market.