GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000-square-meter multi-user facility in Minhang district, Shanghai. The facility is set to bolster GEODIS' contract logistics capabilities for retail partners, providing improved storage and inventory processing to support the fast-growing e-commerce industry that is expected to be worth USD 2 trillion in Asia Pacific by 2025.