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
Read More
Kenco Acquires Drexel Industries to Expand North American Presence

Kenco Acquires Drexel Industries to Expand North American Presence

Kenco's strategic acquisition of Drexel Industries' 3PL business signifies its expansion in Canada and North America. This acquisition not only increases warehousing space and geographical reach but also integrates the strengths of both companies in technology, market knowledge, and service offerings. The move aims to provide customers with more efficient and comprehensive logistics solutions, solidifying Kenco's position as a leading 3PL provider. The acquisition is expected to enhance Kenco's capabilities in serving a wider range of industries and optimizing supply chain operations for its clients.

01/30/2026 Logistics
Read More
North Americas Intermodal Transport Shifts Focus to Domestic Growth

North Americas Intermodal Transport Shifts Focus to Domestic Growth

The North American multimodal transportation market faces challenges from international trade uncertainties and long-term growth deceleration. International freight volumes are declining due to tariffs, while domestic freight shows slight growth. Domestic multimodal transportation is considered key to future growth, requiring optimized routes and increased long-haul market share. Paying attention to global shipping and truck supply factors may present opportunities to capture market share. Despite international headwinds, focusing on domestic strengths could lead to positive outcomes.

01/30/2026 Logistics Industry Insights
Read More
North American Intermodal Transport Seeks Growth Amid Domestic Demand

North American Intermodal Transport Seeks Growth Amid Domestic Demand

The North American multimodal transportation market is bifurcated, with international volumes declining and domestic volumes steadily increasing. Domestic transportation may become a future growth engine, requiring attention to factors such as global shipping routes, trucking capacity, and driver availability. The overall volume forecast for 2026 is flat to slightly down. The shift towards domestic transport highlights the need for optimization within North American supply chains and leveraging multimodal solutions to enhance efficiency and resilience.

01/30/2026 Logistics Industry Insights
Read More
Toyota Raymond Merge to Lead North American Forklift Market

Toyota Raymond Merge to Lead North American Forklift Market

Toyota Material Handling and The Raymond Corporation announced their integration as Toyota Material Handling North America (TMHNA), effective April 1st. The integration aims to leverage the strengths of both companies, improve operational efficiency, and create greater value for customers, while maintaining the brand independence of Toyota and Raymond. This move is expected to intensify competition in the North American material handling industry and drive technological innovation and service upgrades. The combined entity will offer a broader portfolio and enhanced support to its customers.

01/30/2026 Logistics
Read More
Kenco Acquires Drexel Industries to Expand North American Presence

Kenco Acquires Drexel Industries to Expand North American Presence

Kenco acquired Drexel's 3PL business, expanding its presence into the Canadian market. This acquisition strengthens Kenco's logistics capabilities across North America, with a particular focus on co-packing and filling services. The move allows Kenco to offer enhanced warehousing and distribution solutions to its customers throughout the region and further solidify its position as a leading 3PL provider.

01/30/2026 Logistics
Read More
SE US Ports Invest 3B to Rival Major Logistics Hubs

SE US Ports Invest 3B to Rival Major Logistics Hubs

Georgia and South Carolina are collaborating on the Jasper Ocean Terminal to enhance the competitiveness of Southeast coastal ports and contend for logistics leadership in the US and globally. By expanding inland reach, developing deep-water ports, upgrading cold chain logistics, and strengthening regional cooperation, the Southeast coastal ports aim to become a crucial hub in the US logistics system, offering new opportunities for global trade. This project focuses on infrastructure development and strategic partnerships to solidify the region's position in the international supply chain.

01/29/2026 Logistics Industry Insights
Read More
New Chinanorth Korea Shipping Route Enhances Trade Efficiency

New Chinanorth Korea Shipping Route Enhances Trade Efficiency

China-North Korea sea freight DDP (Delivered Duty Paid) service is now available, providing a one-stop logistics solution for businesses expanding into the North Korean market. This dedicated line offers efficiency, security, convenience, and tax-inclusive pricing, simplifying trade processes and reducing costs, helping businesses seize opportunities in North Korea. The adoption of the DDP model further reduces the importer's risks and costs, enhancing trade confidence. This service aims to streamline logistics and facilitate smoother trade relations between China and North Korea.

02/02/2026 Logistics
Read More
Porter and American Airlines Form Codeshare Pact for North America

Porter and American Airlines Form Codeshare Pact for North America

American Airlines and Porter Airlines are planning to establish a code-sharing agreement to enhance connectivity between the two countries and popular vacation destinations. This collaboration aims to provide travelers with more convenient options, which will contribute to increased market competitiveness and improved service quality.

08/06/2025 Airlines
Read More