Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco acquired Drexel, expanding its logistics operations in Canada. This acquisition increases Kenco's warehousing footprint and service offerings, ultimately enhancing its overall logistics capabilities. The move strengthens Kenco's position in the North American market and allows it to provide more comprehensive supply chain solutions to its customers. By integrating Drexel's expertise and resources, Kenco is poised for further growth and success in the competitive logistics landscape.

01/19/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco strategically acquired 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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Crowley Expands Puerto Rico Logistics with Strategic Acquisition

Crowley Expands Puerto Rico Logistics with Strategic Acquisition

Crowley Logistics acquired Islandwide Air and Ocean to deepen its presence in the Puerto Rican market, offering integrated supply chain services including ocean, air, land transportation, and warehousing. This acquisition will enhance Crowley Logistics' service capabilities, reduce customer costs, and positively impact the Puerto Rican economy. Moving forward, Crowley Logistics is expected to continue strengthening its leading position in the global logistics market through strategic acquisitions and technological innovation. This move consolidates their commitment to providing comprehensive logistics solutions.

02/03/2026 Logistics
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CSX Eyes Mergers Amid Railroad Industry Consolidation Trend

CSX Eyes Mergers Amid Railroad Industry Consolidation Trend

CSX Transportation's CEO hinted at a potential merger with another Class I railroad, sparking speculation about a new round of industry consolidation. This analysis delves into the role of Precision Scheduled Railroading (PSR) in industry transformation and suggests that talent acquisition could be a driving factor in mergers. It also explores the potential risks and challenges associated with mergers and acquisitions, and provides a forward-looking perspective on future railroad industry consolidation trends. Ultimately, efficiency, innovation, and service quality are highlighted as key factors for success in a competitive landscape.

01/29/2026 Logistics Industry Insights
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Union Pacific Norfolk Southern Merger Faces Scrutiny As Rail Industry Shifts

Union Pacific Norfolk Southern Merger Faces Scrutiny As Rail Industry Shifts

The proposed merger between Union Pacific and Norfolk Southern aims to create the first transcontinental railroad in the United States. Despite strong shareholder support, it faces rigorous scrutiny from the STB, challenges from competitors, and concerns from shippers. Whether the merger will improve efficiency and reshape competitive advantages remains to be seen. The regulatory landscape and potential impacts on freight logistics are key considerations in this significant industry consolidation.

01/17/2026 Logistics
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CPKCS Merger Approved Set to Create Major North American Rail Network

CPKCS Merger Approved Set to Create Major North American Rail Network

The merger between Canadian Pacific Railway (CP) and Kansas City Southern (KCS) has been overwhelmingly approved by both companies' shareholders, paving the way for the creation of the first single-line rail network linking Canada, the US, and Mexico. The merged company, 'Canadian Pacific Kansas City Limited,' aims to improve transportation efficiency and support economic growth across North America. Final approval from the U.S. Surface Transportation Board (STB) is expected in the fourth quarter of 2022.

01/28/2026 Logistics
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