This year tested us in ways I didn't expect, and we came through stronger. Global Food Solutions delivered $50 million in revenue, maintained 99.2% cold chain compliance, and expanded our distribution network to serve customers in 48 states. But the numbers only tell part of the story. Behind every metric is a team that refused to accept "good enough" — a team that understands that in food distribution, precision isn't a goal, it's the baseline.

We invested heavily in technology this year. Our IoT monitoring platform now processes over 12 million temperature data points daily across our 85-truck fleet. We deployed predictive routing algorithms that reduced fuel consumption by 8% while improving on-time performance. And we built real-time compliance dashboards that give our customers unprecedented visibility into the condition and location of their products. These are not incremental improvements. They are the foundation of what I believe will define the next decade of food distribution: intelligence at every point in the chain.

I want to thank our team, our customers, and our partners. This company exists because 240 people show up every day committed to the same idea: that the food supply chain can be smarter, safer, and more transparent. To our customers — your trust is what drives us. To our team — your dedication is what makes us. And to anyone reading this report who doesn't know us yet: we build food supply systems for scale, and we'd like to show you what that looks like.

The United States food distribution market is valued at approximately $1.2 trillion, serving over one million foodservice establishments, institutional buyers, and retail locations. The industry is dominated by three national broadline distributors — Sysco, US Foods, and Performance Food Group — which together represent roughly 35% of the market. The remaining 65% is served by thousands of regional, specialty, and local distributors.

GFS operates in the specialty and institutional segment, where deep category expertise, cold chain precision, and regulatory compliance create durable competitive advantages. Our core markets — dairy, cheese, USDA commodities, and institutional food service — represent approximately $180 billion of the total addressable market.

Key market trends driving our growth include increasing regulatory scrutiny of cold chain management, growing institutional demand for real-time supply chain visibility, and accelerating consolidation among mid-size distributors. GFS is positioned to capitalize on all three trends through our technology platform, compliance infrastructure, and acquisition-ready operational model.

FY2026 marked our most operationally ambitious year. We processed 2.4 million shipments across 14 distribution centers while maintaining a 99.2% cold chain compliance rate — the highest in company history and among the highest in the industry for distributors of our scale.

Fleet Expansion. We added 12 new refrigerated trucks to our fleet, bringing the total to 85 company-owned vehicles. Every truck is equipped with dual-zone temperature control and IoT sensors transmitting data at 30-second intervals.

New Routes. We established 47 new delivery routes serving previously underserved markets in the Southeast and Midwest, extending our reach to customers in 6 additional states.

Distribution Centers. Our Hermitage, PA facility completed a $2.1M expansion adding 18,000 sq ft of frozen storage capacity, increasing total network frozen capacity by 14%.

Route Optimization. Our predictive routing engine, deployed across all 14 DCs in Q2, analyzes traffic patterns, weather data, and historical delivery performance to optimize daily route assignments. The result: 8% reduction in fuel consumption and 12% improvement in stops-per-route efficiency.

Spoilage Reduction. Company-wide spoilage rate decreased from 0.8% to 0.4% of total shipment value, saving approximately $200K in product loss. This improvement is attributed to continuous IoT monitoring and cross-dock temperature continuity protocols.

Safety Record. Zero OSHA-reportable incidents for the third consecutive year. 85 trucks averaging 4.2 million miles annually with a fleet safety score of 98.1% — exceeding DOT benchmarks by 6 points.

Customer Retention. Customer retention rate for FY2026 was 96.8%, with a net promoter score of 72 — well above the foodservice distribution industry average of 41. We onboarded 34 new accounts while losing only 8 to competitor transitions or business closure.

Every number in this report represents food that reached the right place, at the right temperature, at the right time. These are the stories behind those numbers.

Technology investment increased 50% year-over-year to $900K, reflecting our belief that the future of food distribution belongs to companies that build intelligence infrastructure, not just logistics networks.

Our team grew to 240 members in FY2026, a net increase of 28 positions. We invested in training, safety, and culture because every metric in this report — every on-time delivery, every compliant shipment, every satisfied customer — starts with people.

Training. 4,800 hours of training delivered across cold chain handling, food safety (HACCP), fleet safety (DOT), and technology systems. Every warehouse associate and driver completed a minimum of 20 hours of certified training in FY2026.

Safety. Zero OSHA-reportable incidents for the third consecutive year. Our Behavioral Safety Observation (BSO) program logged 2,400 safety observations with a 99.1% safe behavior rate. Fleet drivers completed 180 hours of defensive driving training.

Culture. Employee retention rate of 94% — significantly above the food distribution industry average of 72%. We attribute this to competitive compensation, clear growth paths, and a culture that values operational excellence without sacrificing work-life balance.

Growth. Net 28 new positions added: 14 drivers, 8 warehouse associates, 3 technology engineers, 2 sales representatives, and 1 compliance specialist. Median tenure across the organization is 4.2 years.

Sustainability at GFS is not a separate initiative — it's embedded in our operations. Every efficiency gain reduces emissions. Every spoilage reduction prevents waste. Our approach is practical: measure, optimize, report.

Fleet Efficiency. Predictive routing reduced total fuel consumption by 8% despite a 12% increase in shipment volume. Average fleet fuel efficiency improved from 5.8 to 6.1 MPG — achieved through route optimization, reduced idle time, and driver coaching programs.

Food Waste Prevention. Company-wide spoilage rate decreased from 0.8% to 0.4% of total shipment value. Continuous IoT monitoring identifies at-risk shipments before products are compromised, allowing rerouting or expedited delivery. Estimated 120 tons of food saved from waste in FY2026.

Packaging. Transitioned 40% of secondary packaging to recycled corrugated materials. Implemented reusable insulated tote program for high-frequency delivery routes, eliminating approximately 28,000 single-use insulated containers annually.

Refrigerant Management. All new fleet vehicles use R-452A low-GWP refrigerant (GWP of 2,141 vs. R-404A at 3,922). 12 legacy trucks retrofitted during scheduled maintenance cycles. Full fleet conversion targeted for FY2028.

Carbon Footprint. Estimated fleet carbon emissions of 3,200 metric tons CO2e in FY2026. While absolute emissions increased 3% due to fleet expansion, emissions per shipment decreased 8.2% — reflecting the efficiency gains from route optimization and improved fuel economy.

GFS's deepest community impact comes through the work we do every day: delivering safe, nutritious food to the institutions that feed children, care for patients, and serve communities. Our K-12 programs alone touch hundreds of thousands of students daily.

NYC Department of Education. Our largest K-12 engagement serves 1,800+ schools across New York City's five boroughs, delivering food products to 450,000 students daily with 99.8% on-time performance and zero cold chain breaches.

USDA Brown Box Program. GFS qualified for the USDA Qualified Bidders List and now distributes commodity pancake products (Material 110393) to 200+ school districts through our copacker partnership with US Waffle. First shipment executed in 87 days from bid submission.

Food Bank Partnerships. In FY2026, GFS donated 45 tons of near-expiry inventory to regional food banks through our Zero Waste First program. Products diverted from disposal to community feeding programs within 48 hours of identification.

Local Employment. As the largest employer at 131 Heartland Blvd in Edgewood, GFS supports the local economy with 240 positions, competitive wages, and benefits. 68% of our workforce lives within 15 miles of a GFS facility.

FY2027 will be defined by three strategic priorities: geographic expansion, technology deepening, and capacity investment. Our goal is $65M in revenue by end of FY2027 — a 30% increase that reflects both organic growth and strategic market entry.

Our two flagship facilities anchor the GFS distribution network, serving as the primary hubs for Northeast and Mid-Atlantic operations.

GFS is led by a lean, experienced team with deep expertise in food distribution, cold chain logistics, technology, and finance. Our leadership structure reflects our operating philosophy: flat, fast, and accountable.

Every certification listed below is current, covers all GFS facilities, and is audited annually. We do not maintain partial or facility-specific certifications — our standard is universal compliance.

GFS maintains a compensation philosophy designed to attract, retain, and motivate the leadership team while aligning executive interests with long-term shareholder value. Our compensation structure reflects three core principles: pay for performance, internal equity, and competitive positioning within the food distribution industry.

GFS recognizes that our long-term success depends on the health of the communities we serve and the ecosystems we operate within. In FY2026, we expanded our CSR initiatives across four pillars: food security, environmental stewardship, workforce development, and community investment.