Forwarding agent Quick Cargo Service (QCS) has presented very encouraging half-year results. All modes of transportation saw growth, with ocean freight posting the largest increase. This volume increase was also reflected in the company’s cash flow through rising revenues.
Group revenue increased consistently throughout the first quarter, from €8.9 million in JAN2025 to €10.1 million in JAN2026, €10.4 million to €12.1 million in FEB26, and €10.9 million to €15.2 million in MAR26, demonstrating strong momentum across the business. This upward trend continued into the second quarter, defying negative economic and geopolitical trends triggered primarily by the conflict over the Strait of Hormuz and other disruptive developments.
Here are the key figures for H2, 2026:
- Air freight: 16.934 shipments (+7.0%)
- Ocean freight: 3,914 shipments (+17.5%)
- Single shipments (e-Com etc.) 5,298 consignments (also +17.5%)
Quick’s move to Eastern Europe is paying off
The above figures are still being evaluated. “Even though the full results of H2 are not yet available, it is already clear that our stations in Central and Eastern Europe continue to deliver a solid and sustainable growth,“ Lubos Lukac notes, CCO QCS Group and Regional Managing Director Central Eastern Europe & UK.
A glance at QCS’s performance in individual EU countries confirms this statement:
Slovakia continued its positive development, achieving almost 16% growth in air freight shipments, while maintaining a stable position across other transport modes despite tough market conditions.
Romania and Poland report similar positive trends, where Quick Cargo’s thriving businesses continue to strengthen the agent’s market position. The same applies to activities in specialized sectors, such as pharmaceutical logistics, defense & military logistics, and the air transport of time-critical items.
Growth will continue, says Lukac
Simultaneously, QCS’s newer operations in Slovenia, Italy, Bulgaria, and the United Kingdom, which have been established over the past three years, continue to develop rapidly. Although these stations are still in the investment and tentative growth phase, they already deliver solid figures. “Our priority is to build strong local organizations, attract experienced logistics professionals and establish a sustainable company culture that will support long-term growth,” explains manager Lukac.
By looking ahead, he says that QCS will continue its growth trajectory in H2, provided no major political or economic disruptions will happen.
According to Managing Director Stephan Haltmayer, air freight accounts for roughly 60% of sales, followed by ocean freight, ground handling services, and customs clearing.
Safe havens
Currently, QCS runs stations in 14 European countries, including the UK. Since 2022, the family-owned mid-sized player has predominantly expanded its footprint in Eastern Europe as the submarkets in Poland, Romania, and Bulgaria are growing faster than the mature markets of Western and Central Europe. The company is also benefitting from some of the global heavyweights that cooperate with QCS scaling back their business activities in China and investing in eastern EU member states instead. After all, countries like the Czech Republic, Austria, and Slovenia are considered safe havens compared to other conflict regions.
