Kenco Acquires Drexel Industries to Expand North American Presence

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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Cameroons Kribi Port Expands As Gulf of Guinea Trade Hub

Cameroons Kribi Port Expands As Gulf of Guinea Trade Hub

Kribi Port is a small port located on the Gulf of Guinea coast in southwestern Cameroon. It serves as a trading hub for local agricultural products and fisheries, primarily exporting ivory and cocoa. Cameroon is currently improving the railway connecting to the port to enhance its transportation capacity. With its beautiful coastal scenery, Kribi Port holds significant potential for future development and economic growth in the region.

Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

As of December 4, the Zhengzhou-Europe International Railway has operated 150 trains this year, exceeding the annual target. The total cargo value reached $693 million, covering economic circles such as the Yangtze River Delta and the Pearl River Delta, and radiating to 20 countries in Europe and Central Asia. Future goals will gradually increase, continuing to play an important role in the Belt and Road Initiative.

12/05/2023 Logistics
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Deutsche Bahn Weighs DB Schenker Sale DSV Leads Bidding

Deutsche Bahn Weighs DB Schenker Sale DSV Leads Bidding

Deutsche Bahn (DB) is planning to sell its freight forwarding subsidiary, DB Schenker, for $25 billion to focus on its core railway business. DSV is considered a potential acquirer. If the acquisition goes through, DSV would become the world's largest air freight forwarder. The sale reflects a strategic shift for DB, streamlining its operations and potentially reshaping the global logistics landscape with DSV's strengthened position.

01/04/2026 Logistics
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Logistics Sector Faces Economic Shifts and Legal Hurdles

Logistics Sector Faces Economic Shifts and Legal Hurdles

This article reviews the 2013 logistics awards, analyzes the impact of the 2026 economic outlook on the logistics industry, and interprets the latest trends in the freight market, freight index, and railway transportation. It also explores the legal frontiers of freight broker liability. The article emphasizes that companies should pay attention to industry trends, flexibly respond to challenges, and embrace efficiency, innovation, and sustainable development.

01/20/2026 Logistics
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US Rail Freight Volume Shows Signs of Rebound

US Rail Freight Volume Shows Signs of Rebound

US rail freight volume has recently shown a slight rebound, but overall recovery still faces challenges. Intermodal transportation performed well, with steady growth in cumulative data throughout the year. Macroeconomics, energy policies, supply chain bottlenecks, technological innovation, and competitive landscape are key factors affecting rail freight. In the future, railway companies need to actively adapt to market changes, seize opportunities, and achieve sustainable development.

01/30/2026 Logistics
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Automakers Shift to Trucks As Rail Capacity Falls Short

Automakers Shift to Trucks As Rail Capacity Falls Short

Car manufacturers are facing delivery bottlenecks, primarily due to insufficient rail capacity. Railway companies are increasing investment and optimizing processes, creating opportunities for road transport. Building a diversified transportation system, combining the strengths of rail and road, and leveraging technological innovation is key to solving the delivery challenges. Addressing the rail capacity shortage and exploring alternative transport solutions are crucial for ensuring timely and efficient vehicle delivery.

01/30/2026 Logistics
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US Rail Freight Declines Amid Economic Slowdown

US Rail Freight Declines Amid Economic Slowdown

In early September 2025, U.S. rail freight and intermodal volume decreased year-over-year, but cumulative volume for the year remained positive. Chemical and automotive shipments performed strongly, while coal declined. Macroeconomic factors, energy prices, industrial activity, and competitive dynamics influenced rail transport. Moving forward, the railway industry needs to improve efficiency, embrace technology, strengthen collaboration, and focus on environmental protection to address challenges and maintain competitiveness.

02/04/2026 Logistics
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CIBC Explains SWIFT BIC Codes for Secure Transfers

CIBC Explains SWIFT BIC Codes for Secure Transfers

Understanding the SWIFT/BIC code of the Canadian Imperial Bank of Commerce (CIBC) is crucial for ensuring the security and timeliness of international money transfers. This article details the composition and importance of CIBC's SWIFT/BIC code, as well as how to verify the necessary information when making international remittances. Accurately using the correct SWIFT code can prevent potential issues in fund transfers.

USDCAD Exchange Rate Trends Analyzed Amid Market Shifts

USDCAD Exchange Rate Trends Analyzed Amid Market Shifts

This article analyzes the exchange rate of the Canadian dollar against the US dollar and recent market dynamics. On August 9, 2025, the exchange rate was 0.7273 USD, discussing factors that influence exchange rate changes, such as oil prices and economic indicators. Investors should pay attention to oil market dynamics and maintain flexible investment strategies to respond to market fluctuations.