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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COSCO Shipping Turns Greece Into Mediterranean Trade Hub

COSCO Shipping Turns Greece Into Mediterranean Trade Hub

COSCO Shipping's operations in Greece encompass port operations, infrastructure construction, and shipping services, playing a positive role in Greece's economic development and Sino-Greek trade. Through investing in modern terminals, participating in infrastructure projects, and actively integrating into local communities, COSCO has successfully established a significant shipping hub in the Mediterranean region. Its presence boosts trade efficiency and strengthens connectivity between Asia and Europe, contributing to the growth of the Greek economy and solidifying its position as a key player in global maritime transport.

02/02/2026 Logistics Industry Insights
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Global Ports Invest in Quality Amid Rising Competition

Global Ports Invest in Quality Amid Rising Competition

The 2015 West Coast labor disruptions shifted the port competition landscape, while the Panama Canal expansion presented both opportunities and challenges. Ports are increasing investments to improve efficiency and address growing competition. The Logistics Management's Quest for Quality Awards highlight industry benchmarks, with winning ports demonstrating enhanced competitiveness through technological innovation and customer service. Moving forward, ports need to continue investing, embrace new technologies, and strengthen customer partnerships to thrive in the evolving global trade environment. These strategies are crucial for maintaining and improving their market position.

02/04/2026 Logistics Industry Insights
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Gambia Advances Tax Reform with WCO to Boost West African Standards

Gambia Advances Tax Reform with WCO to Boost West African Standards

With the support of the WCO, the Gambia Revenue Authority (GRA) has initiated strategic management reforms aimed at enhancing organizational project management capabilities and strategic monitoring and evaluation frameworks. This collaboration aims to position the GRA as a strategic management role model in West Africa, ultimately increasing fiscal revenue and promoting economic development. The reforms focus on building internal capacity and establishing robust mechanisms for tracking progress and ensuring accountability in achieving strategic objectives. The expected outcome is a more efficient and effective revenue collection system.

02/03/2026 Customs Knowledge
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Amazon Adds 250000 Seasonal Jobs Amid Retail Slump

Amazon Adds 250000 Seasonal Jobs Amid Retail Slump

Amazon plans to hire 250,000 employees and increase average wages during the holiday season to meet the surge in demand. This contrasts with some retailers' seasonal hiring reductions, highlighting Amazon's expansion strategy and market confidence. By increasing distribution centers, expanding service offerings, and improving employee compensation, Amazon is building a more competitive ecosystem and laying the foundation for future growth. The significant hiring initiative demonstrates Amazon's commitment to meeting customer needs and solidifying its position as a leading e-commerce player during the peak shopping period.

02/03/2026 Logistics
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Kjtcom Emerges As Key Player in Crossborder Ecommerce

Kjtcom Emerges As Key Player in Crossborder Ecommerce

Cross-border Tong's independent website is a professional cross-border e-commerce platform providing a safe and convenient shopping experience for consumers through a B2C model, transparent pricing, and compliant operations. Its listed company background and stable profitability lay the foundation for the platform's long-term development. In the future, Cross-border Tong is expected to occupy an important position in the cross-border e-commerce market. It emphasizes transparency, compliance, and a secure shopping environment, positioning itself for future growth within the competitive landscape.

02/03/2026 Customs Knowledge
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Shenzhens Headquarter Economy Ecommerce Boost Growth

Shenzhens Headquarter Economy Ecommerce Boost Growth

Shenzhen's "Headquarters Economy" is rapidly rising, with 207 multinational corporation headquarters recognized, attracting numerous Fortune Global 500 companies and industry leaders. Simultaneously, cross-border e-commerce is booming, projected to exceed one trillion yuan in online transaction volume by 2025. Shenzhen is consolidating its foreign trade advantages and supporting companies to expand overseas by optimizing the business environment and innovating service models, driving high-quality economic development. The city aims to further enhance its position as a key hub for international trade and investment.

02/03/2026 Logistics Industry Insights
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Amazon Leads Smart Home Market Amid Growing Industry Competition

Amazon Leads Smart Home Market Amid Growing Industry Competition

Amazon holds a significant position in the US smart home market, with its Echo series smart speakers being highly popular. This article explores the demand trends in smart homes, Amazon's product features, and important considerations when purchasing smart home devices. It also answers frequently asked questions, aiming to help consumers better understand and utilize smart home devices, embracing a more convenient and comfortable future lifestyle. The article provides insights into navigating the smart home landscape and making informed decisions about integrating technology into daily life.

02/03/2026 Logistics Encyclopedia
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Meituan Revives Group Buying Competition with Summer Push

Meituan Revives Group Buying Competition with Summer Push

Meituan Select has launched a "Summer Campaign" to return to a growth trajectory, aiming to seize opportunities arising from competitors' strategic retrenchment and solidify its market position. Community group buying is reverting to its retail essence, with lower-tier markets becoming new growth drivers. Wang Xing's long-term investment in community group buying indicates a shift towards refinement, specialization, and integration with more new retail formats in the industry. The focus is on operational efficiency and supply chain optimization to achieve sustainable growth in the evolving landscape.

02/03/2026 Logistics Industry Insights
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Shippers and Carriers Debate Responsibility for Container Weighing Fees

Shippers and Carriers Debate Responsibility for Container Weighing Fees

This article explores the current state and coping strategies for VGM (Verified Gross Mass) charges in the freight forwarding industry. It points out that VGM charges have become an industry-wide phenomenon, with freight forwarders in a weak position when dealing with shipping companies and port areas. Some freight forwarders avoid risks by shifting responsibility to customers. The article emphasizes the importance of freight forwarders balancing costs and ensuring profits while remaining compliant with regulations. It highlights the need for strategic approaches to navigate the challenges posed by VGM charges.

08/23/2025 Logistics Encyclopedia
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