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Toyota Material Handling and Raymond Corp Merge to Create North American Forklift Giant

Toyota Material Handling and The Raymond Corporation announced their integration into Toyota Material Handling North America (TMHNA), effective April 1st. The integration aims to optimize resource allocation, accelerate technological innovation, expand market coverage, and enhance customer service, while maintaining the independent operation of the Toyota and Raymond brands. This move will have a profound impact on the North American material handling industry, promoting innovation and providing customers with better solutions.

01/30/2026 Logistics

Toyota Material Handling Raymond Merge to Lead North American Market

Toyota Material Handling and The Raymond Corporation announced their integration into Toyota Material Handling North America (TMHNA). This aims to leverage the strengths of both companies to provide more efficient and comprehensive material handling solutions. TMHNA will maintain the independence of both brands while integrating product lines, R&D capabilities, service networks, and supply chains. This integration seeks to improve efficiency, create greater value for customers, and lead industry development. The combined entity will offer a broader range of solutions and enhanced support for customers across North America.

01/30/2026 Logistics

Toyota Raymond Boost North American Forklift Market Presence

Toyota Material Handling (TMH) and The Raymond Corporation have integrated to form Toyota Material Handling North America (TMHNA), effective April 1, 2024. This integration aims to improve operational efficiency and better serve customers while maintaining the independence of the Toyota and Raymond brands. TMHNA will integrate R&D, supply chain, and sales networks to enhance market competitiveness. The company is committed to technological innovation and service improvement, solidifying its position in the North American material handling market.

01/30/2026 Logistics

Toyota Raymond Merge to Lead North American Forklift Market

Toyota Material Handling and The Raymond Corporation announced their integration as Toyota Material Handling North America (TMHNA), effective April 1st. The integration aims to leverage the strengths of both companies, improve operational efficiency, and create greater value for customers, while maintaining the brand independence of Toyota and Raymond. This move is expected to intensify competition in the North American material handling industry and drive technological innovation and service upgrades. The combined entity will offer a broader portfolio and enhanced support to its customers.

01/30/2026 Logistics

Toyota Raymond Merge to Create Toyota Material Handling North America

Toyota Material Handling and The Raymond Corporation have officially integrated to form Toyota Material Handling North America (TMHNA). This merger aims to leverage complementary strengths, enhance operational efficiency, accelerate innovation, expand market share, and improve customer service capabilities. TMHNA is committed to maintaining brand independence, preserving existing customer relationships, offering more comprehensive solutions, fostering continuous innovation, and achieving mutually beneficial growth.

01/30/2026 Logistics

US Ports Face Strike Threat As Imports Surge

A potential strike at East Coast and Gulf Coast ports threatens to cause a surge in U.S. import volume in August. Retailers are proactively mitigating risks by accelerating shipments and diverting cargo to alternative ports. Reports predict significant import volume growth for the full year 2024. However, risks such as supply chain disruptions and inventory shortages remain. Retailers should closely monitor the situation and take proactive measures to minimize potential losses. Early preparation and diversification are key strategies to navigate the uncertainty.

01/30/2026 Logistics

USPS Reverses China Mail Policy Cites Tariff Mechanism

After briefly announcing a suspension of mail parcels from China, the United States Postal Service (USPS) quickly reversed its policy. It decided to collaborate with customs to establish a tariff collection mechanism, aiming to minimize the impact on parcel delivery. This shift stems from escalating US-China trade tensions, where tariff policy uncertainties pose challenges for e-commerce and logistics. Businesses must adapt to these changes and develop strategies to navigate the evolving landscape.

01/30/2026 Logistics

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel I expands its North American logistics footprint. The addition of a new Canadian warehouse strengthens its B2B and B2C service offerings, enhancing overall competitiveness. This acquisition represents a key strategic move for Kenco in the North American market, allowing for greater reach and improved service capabilities. The expansion will enable Kenco to better serve its existing clients and attract new business opportunities within the region.

01/30/2026 Logistics

Kenco Expands North American Logistics with Drexel Acquisition

Kenco significantly strengthens its North American logistics capabilities through the acquisition of Drexel Industries' 3PL business in Canada. This acquisition expands Kenco's warehousing network and service offerings while also bringing Drexel's expertise and talent in the Canadian market. This allows Kenco to provide more comprehensive and efficient logistics solutions for its customers, solidifying its leading position in the third-party logistics sector. The move expands Kenco's reach and bolsters its ability to serve clients across North America.

01/30/2026 Logistics

Kenco Acquires Drexel Industries to Expand North American Presence

Kenco acquired Drexel's 3PL business, expanding its presence into the Canadian market. This acquisition strengthens Kenco's logistics capabilities across North America, with a particular focus on co-packing and filling services. The move allows Kenco to offer enhanced warehousing and distribution solutions to its customers throughout the region and further solidify its position as a leading 3PL provider.

01/30/2026 Logistics

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