Kenco Expands in North America with Drexel Industries Acquisition

Kenco Expands in North America with Drexel Industries Acquisition

Kenco acquired Drexel I's 3PL business in Canada to expand its Canadian operations and enhance its overall North American logistics capabilities. The acquisition includes Drexel's four warehouses and 100 employees. This will strengthen Kenco's competitiveness in the Canadian market and enable the company to provide customers with a broader and more efficient range of logistics services. The strategic move underscores Kenco's commitment to growth and its dedication to providing comprehensive supply chain solutions across North America.

01/30/2026 Logistics
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US Rail Freight Growth Steady Despite Mixed Signals AAR

US Rail Freight Growth Steady Despite Mixed Signals AAR

The latest report from the Association of American Railroads (AAR) indicates that U.S. rail freight and intermodal volumes both decreased year-over-year for the week ending September 13th. However, rail freight maintains a steady long-term growth trend. While shipments of chemicals, automobiles, and parts increased, traditional freight categories like coal face challenges. Digital transformation, sustainability, and intermodal transportation are expected to be key trends for future development. The report suggests a mixed picture, reflecting both short-term fluctuations and long-term strategic shifts in the rail freight industry.

02/04/2026 Logistics
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Trump Remarks Economic Uncertainty Rattle Markets

Trump Remarks Economic Uncertainty Rattle Markets

North American markets experienced significant volatility due to economic data releases and Trump's remarks. Mixed economic data and increased policy uncertainty contributed to the fluctuations. A strengthening US dollar and commodity price swings further amplified the market's movements. Investors are closely monitoring these factors for future direction.

01/30/2026 Exchange Rate Query
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Exploring Rajin Port A Natural Harbor in North East North Korea

Exploring Rajin Port A Natural Harbor in North East North Korea

Rajin Port, located in North Hamgyong Province of North Korea, is a natural deep-water harbor that integrates various industries, including metallurgy, machinery, and shipbuilding. It serves as a fishing base and shares navigation with South Korea, indicating its potential to play a more significant role in international trade in the future.

07/24/2025 Port Encyclopedia
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New England Motor Freight Marks 100 Years in Trucking Industry

New England Motor Freight Marks 100 Years in Trucking Industry

New England Motor Freight (NEMF) celebrates its centennial, becoming one of the few freight companies in North America to operate for a century. Under the leadership of Myron P. “Mike” Shevell, NEMF has navigated industry changes and achieved steady growth. The company expresses gratitude for its employees' contributions through celebrations and employee appreciation initiatives, while also looking forward to the future. This milestone highlights NEMF's resilience and enduring legacy in the transportation sector.

01/29/2026 Logistics Industry Insights
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ATA Forecasts Robust Trucking Growth Through 2035

ATA Forecasts Robust Trucking Growth Through 2035

The American Trucking Associations forecasts that truck freight tonnage will reach nearly 14 million tons by 2035, accounting for 76.8% of the freight market share. The report reveals the growth trends of the US freight market over the next decade, emphasizing the central role of trucking in the supply chain. It also analyzes the challenges and opportunities facing the industry, highlighting the continued dominance of trucking despite potential disruptions and the need for infrastructure improvements to support future growth.

01/08/2026 Logistics Industry Insights
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US Trucking Freight Volume to Hit 14M Tons by 2035

US Trucking Freight Volume to Hit 14M Tons by 2035

The American Trucking Associations (ATA) forecasts continued growth in the trucking industry over the next decade, projecting nearly 14 million tons of freight by 2035, maintaining its dominance in the freight market. This forecast provides crucial insights for industry leaders and policymakers, helping them understand supply chain trends and prepare for future development. The report highlights the importance of trucking in the overall economy and underscores the need for strategic planning to accommodate the anticipated increase in freight volume.

01/07/2026 Logistics Industry Insights
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Chinas Trucking Market to Hit 1 Trillion by 2035

Chinas Trucking Market to Hit 1 Trillion by 2035

The American Trucking Associations forecasts that China's truck freight volume will approach 14 million tons by 2035, dominating the freight market. The report reveals the growth potential of trucking over the next decade, emphasizing its crucial role in the supply chain. Businesses should seize opportunities, embrace technology, expand services, and strengthen cooperation to usher in a golden age of trucking. This period of significant freight growth presents challenges and opportunities for companies involved in logistics and transportation.

01/22/2026 Logistics Industry Insights
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US Freight Market Sees Modest August Gains ATA

US Freight Market Sees Modest August Gains ATA

The American Trucking Associations (ATA) reported that freight volume decreased by 0.9% in August compared to July, but increased by 3.2% year-over-year. Economists attribute this to factors like manufacturing weakness and inventory buildup. Despite these challenges, the freight market retains growth potential as the economy gradually recovers. Businesses need to closely monitor market dynamics and optimize their supply chains to navigate the uncertainties. The report highlights the interplay between freight activity and broader economic trends.

01/28/2026 Logistics
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US Trucking Sees Surprise Winter Freight Boom

US Trucking Sees Surprise Winter Freight Boom

The American Trucking Associations reported a 2.8% increase in truck freight volume in February, despite severe winter weather. Analysts attribute this growth to pent-up freight demand, stable underlying freight activity, and regulatory constraints tightening capacity, leading to price increases. Industry players should monitor weather conditions, capacity management strategies, and policy changes to capitalize on market opportunities. The upcoming spring agricultural season is expected to further strain capacity and potentially create additional growth opportunities in the trucking sector.

02/04/2026 Logistics
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