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
Read More
Costway Innovates Affordable Home and Lifestyle Solutions

Costway Innovates Affordable Home and Lifestyle Solutions

Costway, a brand under the Hoya Group, is committed to providing diverse and high-quality products across home, outdoor, and fitness categories, enhancing users' quality of life. Its core strengths lie in a user-centric design philosophy, stringent quality control, comprehensive customer service, and efficient supply chain management. Moving forward, Costway will continue to deeply understand user needs, innovate products and services, and expand market channels, striving to become a leading global lifestyle brand.

01/30/2026 Logistics Encyclopedia
Read More
YTO Express Q3 2024 Financial Report: Net Profit Increases 10.21% Year-over-year, International Strategy Accelerates

YTO Express Q3 2024 Financial Report: Net Profit Increases 10.21% Year-over-year, International Strategy Accelerates

YTO Express released its third quarter financial report, showing a revenue of 49.369 billion yuan and a net profit of 2.93 billion yuan for the first three quarters, reflecting year-on-year growth. The company will continue to optimize its digital and intelligent development, actively promote its international strategy, increase its aviation business layout, enhance market competitiveness, and commit to expanding its global business and growth potential.

12/12/2024 Logistics
Read More
Brazil Study Reveals Trade Facilitation Opportunities

Brazil Study Reveals Trade Facilitation Opportunities

Brazil's first national Time Release Study (TRS) revealed an average release time of 7.5 days, with customs clearance accounting for less than 10% and private sector processes exceeding half. The study, following the WCO methodology, aims to enhance transparency and promote trade facilitation, with plans to publicly release the raw data. The research underscores the critical role of data-driven approaches in optimizing customs procedures and fostering trade facilitation. It highlights areas for improvement within both public and private sectors to streamline the overall import/export process.

12/30/2025 Customs Knowledge
Read More
Boeing Predicts Global Air Cargo Traffic to Double by 2043 Amid Asian Growth

Boeing Predicts Global Air Cargo Traffic to Double by 2043 Amid Asian Growth

Boeing forecasts that global air cargo traffic will double by 2043, with an average annual growth of 4%, driven primarily by the Asian market. The report highlights e-commerce, supply chain reshaping, and emerging market demand as key growth factors. Airlines should focus on the Asian market, optimize operations, and address challenges to capitalize on the opportunities. The projected increase underscores the importance of strategic planning and investment in infrastructure to meet the evolving needs of the air cargo industry in the coming decades.

01/07/2026 Logistics Industry Insights
Read More
Marine Insurance Guide Calculating Coverage and Premiums

Marine Insurance Guide Calculating Coverage and Premiums

This article provides a detailed interpretation of the insured amount and premium calculation methods for marine insurance (All Risks/Free from Particular Average). It emphasizes the importance of three key data points: the actual value of the goods, the insurance surcharge rate, and the insurance premium rate. Practical examples and advice on handling special circumstances are provided to help you accurately grasp marine insurance costs and ensure the safety of your goods. This guide helps you understand how to protect your goods during international trade.

02/11/2026 Logistics Encyclopedia
Read More
Retailers Shift Focus to Lastmile Delivery Efficiency

Retailers Shift Focus to Lastmile Delivery Efficiency

CBRE research indicates that last-mile distribution centers in major US cities are located an average of 6-9 miles from population centers, highlighting efficiency as the core principle rather than literal distance. Consumer expectations for rapid delivery are driving locational shifts in distribution facilities, impacting not only e-commerce but also a broader range of service industries. The distance of delivery is significantly shrinking over time, reflecting the growing demand for faster fulfillment and the increasing importance of strategic placement for last-mile operations.

01/20/2026 Logistics Industry Insights
Read More
Thailand Optimizes Airmail Speed to China

Thailand Optimizes Airmail Speed to China

This article comprehensively analyzes the air shipping time of Thailand Post to China, covering mail types, influencing factors, and special circumstances. It provides practical advice to help you understand the 'flight' time of your packages and optimize your cross-border transportation solutions. Key aspects discussed include average delivery times, potential delays due to customs or peak seasons, and tips for ensuring smooth and timely delivery. This guide aims to empower users with the knowledge needed to make informed decisions regarding their shipping options with Thailand Post.

02/02/2026 Logistics
Read More
Shipping Costs Surge from Tianjin to Malaysia Amid Delays

Shipping Costs Surge from Tianjin to Malaysia Amid Delays

This article, from a data analyst's perspective, provides an in-depth analysis of the cost structure, time-affecting factors, and estimation methods for consolidated shipping from Tianjin to Malaysia. It breaks down the various elements that influence shipping costs and offers practical estimation advice. Furthermore, it analyzes the factors affecting sea freight time and provides an average sea freight time estimate, helping readers make more informed international logistics decisions. The aim is to provide a clear understanding of the process and empower better decision-making.

02/02/2026 Logistics
Read More