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
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Urumqi Air Cargo Surges 1392 in Q1 2025

Urumqi Air Cargo Surges 1392 in Q1 2025

In Q1 2025, Urumqi's international cargo flight volume surged by 139.2%, boosted by the Belt and Road Initiative, visa policy optimization, and customs facilitation. Airport expansion and route development enhanced infrastructure capacity. Foreign trade development and cross-border e-commerce fueled market demand. Urumqi's unique geographical advantage also played a crucial role. These factors collectively contribute to Urumqi's emergence as a new international air cargo hub.

11/03/2025 Logistics
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Allegro Cuts Costs Amid Inflation in Central and Eastern Europe

Allegro Cuts Costs Amid Inflation in Central and Eastern Europe

Polish e-commerce giant Allegro is improving profitability through cost control, expecting strong Q1 results. However, the Central and Eastern European (CEE) market faces high inflation and consumer spending cuts. Allegro needs refined operations, optimized supply chains, and expansion into emerging markets to navigate these challenges. Other platforms and sellers should also learn from this, focusing on cost control and meticulous operations to weather the economic downturn.

01/04/2026 Logistics Industry Insights
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Cass Freight Index Shows Economic Slowdown As Inflation Rises

Cass Freight Index Shows Economic Slowdown As Inflation Rises

The Cass Freight Index report indicates a year-over-year increase but a month-over-month decrease in freight volume and expenditures for November, signaling a potential economic slowdown. Growth is driven by consumer demand, but tariffs and oil prices pose potential risks. Capacity expansion and declining fuel costs may alleviate inflationary pressures. Businesses should pay close attention to market changes and maintain a cautiously optimistic outlook.

01/29/2026 Logistics Industry Insights
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US Services Sector Growth Slows but Remains Resilient in May

US Services Sector Growth Slows but Remains Resilient in May

The ISM report indicates continued expansion in US non-manufacturing activity in May. The NMI registered 56.9, slightly below the previous month but still above the 12-month average. The employment index showed significant growth, with businesses generally optimistic. However, a decline in the new orders index and labor shortages remain concerns. Overall, the non-manufacturing sector provides important support for US economic growth.

01/28/2026 Logistics Industry Insights
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US Service Sector Grows Modestly Amid Employment Worries

US Service Sector Grows Modestly Amid Employment Worries

The July ISM Non-Manufacturing Index edged up to 52.6, signaling continued expansion in the service sector. However, the Employment Index sharply declined to 49.3, raising concerns about the economic outlook. The report indicated robust business activity, but challenges persist due to weak business confidence and rising prices. Overall, the non-manufacturing sector faces multiple pressures including technological changes, globalization, and labor shortages, requiring careful navigation.

01/28/2026 Logistics Industry Insights
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Oneroyal Names Marilena Iakovou CMO to Drive Global Growth

Oneroyal Names Marilena Iakovou CMO to Drive Global Growth

OneRoyal has appointed Marilena Iakovou as its Chief Marketing Officer. This strategic hire aims to strengthen the brand's presence and accelerate its global expansion efforts. Iakovou's expertise will be instrumental in optimizing the customer experience and driving growth across various markets. The appointment underscores OneRoyal's commitment to innovation and strategic development within the competitive FinTech landscape, positioning the company for continued success in its global ambitions.

01/28/2026 Logistics Industry Insights
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US Manufacturing PMI Drops Fueling Economic Worries

US Manufacturing PMI Drops Fueling Economic Worries

The ISM report indicates a decline in US manufacturing output in December 2018, with a decrease in the PMI index, suggesting a slowdown in the manufacturing expansion rate. Analysts attribute this to factors like trade tensions, demand fluctuations, and labor challenges. Data in the coming months will be crucial in determining the trend. Businesses should closely monitor market dynamics and flexibly adjust their production strategies.

02/04/2026 Logistics Industry Insights
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Amazon Sellers Gain Traffic Through Strategic Keyword Research

Amazon Sellers Gain Traffic Through Strategic Keyword Research

This article presents a novel approach to building an Amazon keyword library. It guides sellers through steps like using Seller Sprite's word frequency analysis, keyword categorization, ABA data mining, feature word expansion, and secondary word frequency analysis. This helps sellers construct a comprehensive keyword library for Listing optimization and PPC advertising. By implementing this strategy, sellers can improve product visibility and conversion rates on Amazon.

01/04/2026 Customs Knowledge
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PITT OHIO Expands Nextday Delivery in New York

PITT OHIO Expands Nextday Delivery in New York

PITT OHIO has significantly improved logistics efficiency to and from New York State by adding 32 new next-day delivery lanes. This expansion not only optimizes transportation times but also reflects PITT OHIO's customer-centric approach, integrating resources and leveraging technology to become a regional logistics leader. The move demonstrates their strategic commitment to meeting customer demands and solidifying their position in the market.

01/16/2026 Logistics
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