Toyota Raymond Merge to Lead North American Forklift Market

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
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US Forms Supply Chain Council to Boost Economic Resilience

US Forms Supply Chain Council to Boost Economic Resilience

The Supply Chain Committee has been established to unite business and labor forces, safeguarding American jobs, upgrading domestic infrastructure, and mitigating the impact of global instability on supply chains. Comprised of businesses, labor organizations, and other stakeholders, the committee is dedicated to building robust, secure, and efficient American supply chains. It aims to foster collaboration and address vulnerabilities to ensure economic resilience and protect against disruptions, promoting a stronger and more reliable supply chain ecosystem within the United States.

01/30/2026 Logistics Industry Insights
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US Supply Chain Council Formed to Boost Economic Resilience

US Supply Chain Council Formed to Boost Economic Resilience

In response to supply chain vulnerabilities, the United States has established a bipartisan Supply Chain Council. This council aims to unite businesses, labor, and various stakeholders to safeguard jobs, invest in infrastructure, and mitigate global risks, ultimately enhancing American supply chain resilience and economic security. Through collaborative efforts, the council will promote policy implementation, laying the groundwork for long-term economic prosperity in the United States.

01/30/2026 Logistics Industry Insights
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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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US Steel Adopts AI to Boost Supply Chain Efficiency

US Steel Adopts AI to Boost Supply Chain Efficiency

United States Steel Corporation is revolutionizing its procurement processes with AI-powered GEP software. This initiative aims to integrate external intelligence, strengthen cost modeling, optimize spend analysis, and automate reporting to improve operational efficiency, reduce risks, and support strategic decision-making. The GEP Sourcing module will be implemented first, marking a significant step in the company's digital transformation journey. This serves as a valuable example for other traditional industries seeking to modernize their operations and leverage the power of artificial intelligence in procurement.

01/30/2026 Logistics Industry Insights
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Pwc Logistics MA Shifts from Scale to Strategic Fit

Pwc Logistics MA Shifts from Scale to Strategic Fit

A PwC report indicates a shift in transportation and logistics M&A activity, prioritizing strategic alignment over sheer scale. Companies are increasingly investing in markets with stable growth, efficient operations, and high barriers to entry, spanning infrastructure to asset-light platforms. Key focuses include technology modernization, supply chain resilience, and specialized logistics services. This reflects a strategic transformation within the industry, driven by the need for greater efficiency and adaptability in a dynamic global landscape. The emphasis is on building robust and resilient supply chains through targeted acquisitions.

01/30/2026 Logistics Industry Insights
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Logistics MA Trends Shift from Scale to Strategic Deals

Logistics MA Trends Shift from Scale to Strategic Deals

PwC reports a shift in logistics M&A focus towards strategic synergy rather than pure scale expansion. Buyers are prioritizing niche segments with growth potential, operational efficiency, and access to high-barrier markets. Increased investments are seen in technology, supply chain resilience, and specialized logistics services. This transformation promotes sustainable industry development and ultimately enhances the consumer logistics service experience. The focus is now on building stronger, more resilient, and technologically advanced logistics networks through strategic acquisitions that complement existing capabilities and address evolving market demands.

01/30/2026 Logistics Industry Insights
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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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Major Food and Beverage Firms Adapt to Tariff Challenges

Major Food and Beverage Firms Adapt to Tariff Challenges

Facing global trade tensions, food and beverage companies are actively responding to tariff challenges. While most believe tariffs have a limited impact on profitability, they are more concerned about retaliatory measures and boycotts. Companies like Campbell Soup and Brown-Forman face rising costs and market restrictions, while General Mills and Coca-Cola are adopting diversification strategies. Agricultural companies like Tyson Foods are actively seeking alternative markets to mitigate potential retaliatory tariffs. The overall sentiment suggests a proactive approach to navigate the complexities of the current trade environment.

01/30/2026 Customs Knowledge
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Transpacific Shipping Rates to Fluctuate Sharply in Early 2026

Transpacific Shipping Rates to Fluctuate Sharply in Early 2026

The Trans-Pacific shipping market is currently experiencing a surge in activity and rising freight rates due to the approaching Lunar New Year. However, looking ahead to 2026, factors such as increased shipping capacity, inventory saturation, and early shipments in the previous year are expected to lead to a decrease in cargo volume. Consequently, freight rates are likely to remain low and volatile. Shippers should be aware of market fluctuations and plan their shipments accordingly to mitigate potential risks.

01/30/2026 Logistics
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