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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GXO CEO Discusses Postpandemic Logistics Challenges and Opportunities

GXO CEO Discusses Postpandemic Logistics Challenges and Opportunities

An interview with GXO's CEO-designate, Malcolm Wilson, discussing GXO's preparation, market outlook, peak season strategies, risk management, and industry competition. Wilson emphasizes the importance of automation in achieving GXO's goals and maintaining a competitive edge. The interview covers key aspects of GXO's operational approach and its vision for the future of contract logistics, particularly highlighting how automation will drive efficiency and innovation within the company and the broader industry.

01/30/2026 Logistics Industry Insights
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US Rail Freight Sees Carload Drop Amid Container Growth

US Rail Freight Sees Carload Drop Amid Container Growth

The US rail freight market presents a mixed picture: traditional carload freight volumes have declined sharply, down 13.6% year-over-year, while container traffic has bucked the trend, increasing by 2.3%. Key drivers include economic restructuring, consumption upgrades, changes in global trade patterns, energy structure adjustments, and the rise of e-commerce. Railway companies need to actively embrace change by expanding container business, optimizing carload freight operations, and strengthening technological innovation.

01/30/2026 Logistics
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Ant Group Restructure Marks Fintech Compliance Shift in China

Ant Group Restructure Marks Fintech Compliance Shift in China

This article provides an in-depth analysis of the meeting between financial regulators and Ant Group, examining the rectification requirements proposed by the regulatory authorities and exploring the relationship between financial innovation and compliance regulation. The article argues that regulation is not intended to stifle innovation, but rather to guide it towards stable and sustainable development within a compliant framework, injecting new vitality into China's economic development. This ensures innovation progresses responsibly and contributes positively to the financial ecosystem.

02/12/2026 Logistics Industry Insights
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Uschina Tariff Pause Fuels Shipping Market Rally

Uschina Tariff Pause Fuels Shipping Market Rally

The China-US tariff truce agreement lasting 90 days may stimulate demand in the international shipping market, with projections indicating that US imports could exceed the peak levels seen during the pandemic within the next three months. An increase in shipping rates is becoming a trend, but industry insiders remain cautious about the specific trajectory of freight prices. Major shipping companies are actively preparing for the challenges and opportunities that lie ahead in the market.

08/04/2025 Logistics
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UPS Revises Strategy Over Tariffs Market Volatility

UPS Revises Strategy Over Tariffs Market Volatility

UPS is adjusting its strategy to address challenges posed by tariffs and market uncertainties. The company is enhancing its competitiveness through cost reductions, decreasing reliance on Amazon, and launching new services. These efforts aim to regain market confidence and explore new growth opportunities in a complex environment.

08/06/2025 Logistics
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A350F Boosts Airbus Prospects in Cargo Market

A350F Boosts Airbus Prospects in Cargo Market

The launch of the A350F injects new momentum into the air cargo market. Using in-depth feedback collected during the pandemic, Airbus optimized its design to meet market demands, aiming to achieve the best balance between cargo capacity and payload. Additionally, plans are in place to enhance production capacity through the integration of manufacturing facilities.

08/07/2025 Logistics Industry Insights
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