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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Quest for Quality Awards Honor Top Logistics Firms

Quest for Quality Awards Honor Top Logistics Firms

The 42nd Quest for Quality Awards, revealed by Logistics Management magazine, are based on customer evaluations of logistics service providers across key metrics including on-time delivery, value, information technology, customer service, and equipment & operations. Through a rigorous assessment process, the awards recognize outstanding performers in various categories, providing a valuable resource for companies seeking high-quality logistics partners. The awards offer insights into service providers that excel in meeting customer expectations and delivering exceptional performance across crucial aspects of the supply chain.

Quest for Quality Awards Honor Top Logistics Providers

Quest for Quality Awards Honor Top Logistics Providers

The Logistics Management Quest for Quality Awards reveal five key elements of logistics excellence, offering a detailed assessment of 3PLs and ports. This provides a data-driven reference for companies seeking to select high-quality partners. The awards highlight top performers and their strengths, enabling businesses to make informed decisions regarding their logistics and supply chain needs. The analysis goes beyond simple rankings, delving into specific service categories and performance metrics to offer a comprehensive view of the logistics landscape.

Descartes Buys Netchb to Strengthen Global Ecommerce Logistics

Descartes Buys Netchb to Strengthen Global Ecommerce Logistics

Descartes' acquisition of NetCHB aims to strengthen cross-border e-commerce compliance capabilities and accelerate the expansion of its global logistics network. NetCHB possesses advanced technology in customs declaration automation, and its customer base can create synergies with Descartes. This acquisition will accelerate the digital transformation of logistics and improve the efficiency of cross-border trade. Descartes is expected to lead new trends in cross-border e-commerce compliance.

01/30/2026 Logistics
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Domestic Deals Fuel Q2 Logistics Transportation MA Rebound

Domestic Deals Fuel Q2 Logistics Transportation MA Rebound

PwC's report reveals a surge in both volume and value of M&A deals in the logistics and transportation sector during the second quarter, with domestic transactions dominating. Shipping and freight segments witnessed significant M&A activity, fueled by strong interest from financial investors. Looking ahead, lean operations and value creation will be crucial for success in this evolving landscape. The report highlights the ongoing consolidation within the industry and the increasing importance of strategic partnerships.

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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Transportation and Logistics Sector Sees Strategic MA Surge

Transportation and Logistics Sector Sees Strategic MA Surge

PwC reports that M&A activity in the transportation and logistics sector is shifting towards strategic fit rather than pure scale expansion. Acquirers are focusing on niche areas with defensive growth, high operational efficiency, and high market barriers. Capital is primarily being invested in technology modernization, supply chain resilience, and specialized logistics services. This reflects a strategic transformation within the industry, prioritizing targeted acquisitions that enhance capabilities and market position in a rapidly evolving global landscape.

Global Shipping Vs Express Delivery Crossborder Logistics Explained

Global Shipping Vs Express Delivery Crossborder Logistics Explained

This article provides an in-depth comparison between international shipping and international express in terms of scale, transit time, service, and cost, offering a selection guide for cross-border logistics beginners. It emphasizes the need to comprehensively consider cargo attributes, time requirements, budget, and destination to optimize cross-border logistics solutions. Choosing the right method is crucial for efficient and cost-effective international transportation.