Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco strategically acquired the 3PL business of Drexel Industries in Canada to strengthen its position in the North American logistics market and provide more comprehensive and efficient services. This acquisition expands Kenco's presence in Canada, enhances its service capabilities and scope, optimizes its logistics network and efficiency, and strengthens its technology and innovation capabilities. Ultimately, this will bring both parties' customers a broader network, more comprehensive services, and more advanced technologies.

01/30/2026 Logistics
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North American Inland Container Shipping Faces Uncertain Future

North American Inland Container Shipping Faces Uncertain Future

The North American inland container transportation market faces a dual challenge of declining international volumes and increased domestic competition. This report analyzes key factors impacting container transport, including tariff policies, seasonality, cross-border trade differences, and shifts in global shipping routes. Increasing the domestic market share of container transport is crucial for future growth, requiring a focus on long-haul optimization and potential consolidation opportunities. It's also important to be aware of risks such as driver shortages and trade policy uncertainties.

01/30/2026 Logistics Industry Insights
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Experts Advise on North American Tariff Mitigation Strategies

Experts Advise on North American Tariff Mitigation Strategies

Ben Bidwell, Director of Customs Compliance at C.H. Robinson, unveils the opportunities and challenges behind tariff policies, sharing how companies can reduce costs and enhance competitiveness through duty drawback. The article also explores the future direction of US-China tariffs and their profound impact on American businesses and supply chains. It highlights strategies for navigating the complexities of tariff compliance and leveraging duty drawback programs to mitigate the financial burden of tariffs, ultimately improving profitability and supply chain resilience.

01/30/2026 Logistics Industry Insights
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Toyota Raymond Boost North American Forklift Market Presence

Toyota Raymond Boost North American Forklift Market Presence

Toyota Material Handling (TMH) and The Raymond Corporation have integrated to form Toyota Material Handling North America (TMHNA), effective April 1, 2024. This integration aims to improve operational efficiency and better serve customers while maintaining the independence of the Toyota and Raymond brands. TMHNA will integrate R&D, supply chain, and sales networks to enhance market competitiveness. The company is committed to technological innovation and service improvement, solidifying its position in the North American material handling market.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel I expands its North American logistics footprint. The addition of a new Canadian warehouse strengthens its B2B and B2C service offerings, enhancing overall competitiveness. This acquisition represents a key strategic move for Kenco in the North American market, allowing for greater reach and improved service capabilities. The expansion will enable Kenco to better serve its existing clients and attract new business opportunities within the region.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco significantly strengthens its North American logistics capabilities through the acquisition of Drexel Industries' 3PL business in Canada. This acquisition expands Kenco's warehousing network and service offerings while also bringing Drexel's expertise and talent in the Canadian market. This allows Kenco to provide more comprehensive and efficient logistics solutions for its customers, solidifying its leading position in the third-party logistics sector. The move expands Kenco's reach and bolsters its ability to serve clients across North America.

01/30/2026 Logistics
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Kenco Expands North American Logistics with Drexel Acquisition

Kenco Expands North American Logistics with Drexel Acquisition

Kenco's acquisition of Drexel Industries' 3PL business aims to expand its Canadian operations, strengthen market competitiveness, broaden service offerings, and optimize its North American logistics network. This acquisition combines Kenco's technological strengths with Drexel's market experience, providing more comprehensive logistics solutions for both companies' customers. The deal reflects the ongoing consolidation trend within the third-party logistics industry, as companies seek to increase scale and efficiency through strategic partnerships and acquisitions to better serve the evolving needs of their clients.

01/30/2026 Logistics
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Zhengzhouseoul Cargo Route Boosts Crossborder Ecommerce

Zhengzhouseoul Cargo Route Boosts Crossborder Ecommerce

China Postal Airlines launched the 'Zhengzhou-Seoul' international freight route on July 5, operating three regular flights per week, which will support the development of the cross-border e-commerce industry in Henan Province. The opening of this route not only promotes trade between Henan and South Korea but also lays the groundwork for the establishment of additional routes in the future.

07/09/2025 Logistics
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CMA CGM Debuts First Usflagged Container Ship

CMA CGM Debuts First Usflagged Container Ship

CMA CGM held a ceremony in South Carolina to flag the CMA CGM PANGAEA under the U.S. flag, marking a new phase in America's maritime strength. With a capacity of 9,300 TEUs, it is the largest U.S. flagged container ship in history. The ship will provide training for maritime students, enhance the U.S. seafarer workforce, and promote international trade and economic development.

07/25/2025 Logistics
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Strategic Positioning and Facilities of Fray Bentos Port

Strategic Positioning and Facilities of Fray Bentos Port

Fray Bentos Port, located in western Uruguay, serves as a vital barge port connecting the eastern shipping routes of South America. With a draft depth of 7.92 meters, the port offers various services, including ship repair, freshwater supply, and grain loading facilities. Despite its low profile, it plays a key role in international trade, providing substantial support for economic development.

07/24/2025 Port Encyclopedia
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