Kenco Acquires Drexel Industries to Expand in Canada

Kenco Acquires Drexel Industries to Expand in Canada

Kenco's acquisition of Drexel I strengthens its logistics capabilities in North America, particularly in the Canadian market. The acquisition provides Kenco with Ontario-based facilities, experienced personnel, and localized operational expertise. This strategic move allows Kenco to expand its presence and better serve customers within Canada, solidifying its position in the North American logistics landscape. The deal enhances Kenco's ability to offer comprehensive supply chain solutions and capitalize on growth opportunities in the region.

01/30/2026 Logistics
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US Rail Freight Sees Carload Rise Amid Container Decline

US Rail Freight Sees Carload Rise Amid Container Decline

According to the Association of American Railroads, U.S. rail freight experienced mixed results for the week ending January 14th. Carload traffic increased by 4.2% year-over-year, driven by demand for grain, nonmetallic minerals, and automobiles. However, container traffic decreased by 7% year-over-year, reflecting weaker global trade. Overall North American rail traffic saw a slight decline. Logistics companies should pay close attention to these market shifts and adapt accordingly.

02/03/2026 Logistics
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XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics Splits LTL and Brokerage Units in Strategic Overhaul

XPO Logistics plans to spin off its Less-Than-Truckload (LTL) and North American truck brokerage businesses into two separate publicly traded companies, and divest its European and North American intermodal operations. This strategic restructuring aims to unlock value, improve operational efficiency, and create more focused and competitive industry leaders, ultimately generating greater returns for customers, employees, and shareholders. The strategic adjustments, expected to be completed in the fourth quarter of this year, will reshape XPO's business landscape.

01/27/2026 Logistics
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July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

July 2024 Comprehensive Analysis and Trend Outlook for China's Export Container Shipping Market

In July 2024, China's export container transportation market showed stable improvement with an overall increase in freight rates, as the freight index for major routes generally rose. Despite ongoing challenges affecting the European and North American markets, port throughput has been trending upwards, and the ship leasing market remains active, demonstrating the resilience and potential of the container shipping market.

08/20/2024 Logistics Industry Insights
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Chinas Multimodal Transport Aims to Overcome Trade Challenges

Chinas Multimodal Transport Aims to Overcome Trade Challenges

The North American multimodal transportation market is experiencing a divergence: declining international freight volumes and rebounding domestic volumes. Experts emphasize that domestic intermodal is crucial for future growth. Optimizing routes and improving efficiency are necessary to address trade uncertainties and long-term growth challenges. Success hinges on capturing market share and driving industry development amidst these fluctuating conditions.

02/04/2026 Logistics Industry Insights
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Tiktok Partners With Talkshoplive to Expand US Live Shopping

Tiktok Partners With Talkshoplive to Expand US Live Shopping

TikTok is planning to re-enter the North American live shopping market through a partnership with TalkShopLive. Despite facing significant challenges, TikTok remains optimistic about the potential of live commerce. This move signifies TikTok's continued interest in leveraging the power of live streaming for e-commerce, even after previous attempts faced obstacles. The collaboration with TalkShopLive aims to provide a more seamless and engaging shopping experience for users in North America, potentially unlocking new revenue streams for both platforms.

12/30/2025 Logistics Industry Insights
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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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JFK Airport Emerges As Key Hub for Chinaus Air Cargo Trade

JFK Airport Emerges As Key Hub for Chinaus Air Cargo Trade

John F. Kennedy International Airport (JFK) is a prime air cargo hub for Chinese foreign trade to North America due to its strategic location, efficient logistics network, and rapid customs clearance. This analysis, supported by data, case studies, and practical experience, details JFK's advantages, pricing, transit times, and operational strategies. It offers valuable insights for foreign trade enterprises looking to leverage JFK's capabilities for their air freight needs, optimizing speed and cost-effectiveness in the North American market.

02/02/2026 Logistics Industry Insights
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Chinese Firms Lead Global Robotaxi Expansion

Chinese Firms Lead Global Robotaxi Expansion

Soochow Securities analysis indicates a breakthrough in the global Robotaxi commercialization, making it the right time for Chinese L4 autonomous driving companies to go global. The North American market has high barriers, the European market allows for technology export, the Middle East market has great potential, and the Southeast Asian market requires careful planning. Chinese companies should seize the opportunity and take advantage of the momentum.

02/03/2026 Logistics Industry Insights
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Canada Averts Rail Strike After Government Mediation

Canada Averts Rail Strike After Government Mediation

Averted after government intervention, the Canadian railway worker strike is seeing a turning point. The Labor Minister mandated arbitration for both labor and management, ordering immediate resumption of rail operations. CPKC and CN have indicated compliance, but the union remains cautiously optimistic about the arbitration outcome. This incident highlights the crucial role of rail transport in the North American economy and the challenges to supply chain stability. Government intervention was necessary to prevent further disruption to the Canadian and North American economies.

02/04/2026 Logistics
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