Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco strategically acquired Drexel I to strengthen its North American logistics footprint and deepen its penetration into the Canadian market. This acquisition expands Kenco's Canadian operations, integrates valuable resources, enhances service capabilities, and strengthens competitive advantages. It also lays the foundation for addressing e-commerce growth and expanding into the B2C market. Moving forward, Kenco is poised for greater success in Canada, potentially becoming a leading logistics provider in the Canadian market.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco strategically acquired the 3PL business of Drexel Industries in Canada to strengthen its position in the North American logistics market and provide more comprehensive and efficient services. This acquisition expands Kenco's presence in Canada, enhances its service capabilities and scope, optimizes its logistics network and efficiency, and strengthens its technology and innovation capabilities. Ultimately, this will bring both parties' customers a broader network, more comprehensive services, and more advanced technologies.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

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
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Kenco Expands North American Logistics with Drexel Acquisition

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
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel Industries' 3PL business aims to expand its Canadian operations, strengthen market competitiveness, broaden service offerings, and optimize its North American logistics network. This acquisition combines Kenco's technological strengths with Drexel's market experience, providing more comprehensive logistics solutions for both companies' customers. The deal reflects the ongoing consolidation trend within the third-party logistics industry, as companies seek to increase scale and efficiency through strategic partnerships and acquisitions to better serve the evolving needs of their clients.

01/30/2026 Logistics
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Outpost Secures Greenpoint Funding for Truck Terminal Expansion

Outpost Secures Greenpoint Funding for Truck Terminal Expansion

Outpost announced a partnership with GreenPoint, securing a significant investment to scale its terminal platform to $1 billion. The funding will accelerate the expansion of its truck terminal network, enhance service coverage and operational capabilities. This aims to address pain points in the trucking industry, optimize freight processes, reduce transportation costs, and improve efficiency. Ultimately, Outpost seeks to provide comprehensive support for truck drivers and freight companies, streamlining operations and fostering a more efficient logistics ecosystem.

11/03/2025 Logistics
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Ctechi Secures Funding for Portable Energy Storage Expansion

Ctechi Secures Funding for Portable Energy Storage Expansion

CTECHi, a portable power station brand under Shenzhen Chipstar Technology, is actively expanding into overseas markets and building an independent website to seek new growth after securing tens of millions of RMB in Series A funding. The company focuses on providing portable power solutions and leveraging cross-border e-commerce channels to reach a global customer base. Their strategy includes establishing a direct-to-consumer presence through their own website, allowing for greater control over branding and customer experience.

12/31/2025 Logistics Industry Insights
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Smes Adopt Sustainability but Lack Green Logistics Funding

Smes Adopt Sustainability but Lack Green Logistics Funding

A recent DHL Express survey reveals that while SMEs generally value sustainability, their actual investment in sustainable logistics remains relatively low. The report highlights the challenges SMEs face in implementing sustainable logistics strategies and emphasizes relevant solutions offered by DHL Express. The report calls for stronger collaboration to build a green logistics ecosystem and provides SMEs with practical advice for transitioning to sustainable logistics practices. It underscores the gap between SMEs' aspirations for environmental responsibility and their current actions in logistics, urging for increased commitment and investment in greener solutions.

01/15/2026 Logistics Industry Insights
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US Faces Infrastructure Funding and Policy Challenges Postpandemic

US Faces Infrastructure Funding and Policy Challenges Postpandemic

This article explores the challenges facing infrastructure development in the United States, including funding sources, infrastructure definitions, and evolving needs in the post-pandemic era. Experts point out that the current funding allocation methods may diminish the urgency of long-term bills, and accurate predictions of future transportation demands are crucial. The piece highlights the complexities involved in modernizing American infrastructure and ensuring its effectiveness in supporting economic recovery and future growth, particularly in a rapidly changing world.

01/21/2026 Logistics Industry Insights
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Trumps 15T Infrastructure Plan Stalls Amid Funding Challenges

Trumps 15T Infrastructure Plan Stalls Amid Funding Challenges

Trump's $1.5 trillion infrastructure plan faces funding challenges, leaving the logistics industry hopeful but also wary. Industry associations are advocating for increased fuel taxes to address the funding gap, emphasizing the importance of infrastructure upgrades for economic development and emerging industries like drones. The key lies in overcoming bottlenecks, investing in technology, and modernizing transportation. While the potential benefits are significant, securing sufficient funding remains a critical hurdle for realizing the full potential of this ambitious plan.

01/29/2026 Logistics Industry Insights
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