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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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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Descartes Acquires Boxtop to Expand Logistics Network

Descartes Acquires Boxtop to Expand Logistics Network

Descartes' acquisition of BoxTop aims to empower the digital transformation of small and medium-sized logistics service providers (LSPs). By integrating BoxTop's freight management solutions with the Descartes Global Logistics Network, the acquisition enhances LSP operational efficiency and provides shippers with more efficient and transparent supply chain services. This acquisition represents a significant step in Descartes' strategic expansion and a key driver of digital transformation within the logistics industry.

01/15/2026 Logistics
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Fedex Considers Acquiring Frances TATEX for Expansion

Fedex Considers Acquiring Frances TATEX for Expansion

FedEx plans to acquire France-based TATEX to expand its presence in the European market and address the challenges posed by UPS's acquisition of TNT. This merger and acquisition, aimed at growth, is expected to enhance FedEx's competitiveness. However, the company will also face challenges related to integration and ensuring a smooth transition for both organizations. The acquisition signifies FedEx's strategic focus on strengthening its position in the competitive European logistics landscape.

01/28/2026 Logistics
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Facebook Ad Strategies to Cut Costs Boost Customer Acquisition

Facebook Ad Strategies to Cut Costs Boost Customer Acquisition

This article delves into common challenges in Facebook A+AC advertising, including conversion attribution window discrepancies, limited audience reach, creative fatigue, and ad exposure algorithms. It offers corresponding solutions and emphasizes the value of persisting with A+AC advertising. The article shares practical tips and advanced strategies to help advertisers overcome wasteful spending and achieve efficient customer acquisition. It aims to provide actionable insights for optimizing A+AC campaigns and maximizing ROI on Facebook.

01/06/2026 Logistics Industry Insights
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Globex Invests 40M in Power Tool Sector Via Acquisition

Globex Invests 40M in Power Tool Sector Via Acquisition

Eastern China's cross-border e-commerce giant, GreatStar, invested 280 million to acquire Ailun Cleaning, strengthening its power tool product line and demonstrating its strong financial strength and market expansion determination. By integrating online and offline channels and continuously expanding into new categories and markets, GreatStar has achieved sustained performance growth. Facing the challenges of the cross-border e-commerce market, product power remains the core competitiveness for sellers. This acquisition highlights GreatStar's strategic focus on enhancing its product offerings and solidifying its market position.

01/16/2026 Logistics Industry Insights
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BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

BNSF Acquisition Sparks Shippers Concerns Over Rising Freight Costs

The Surface Transportation Board (STB) of the U.S. Department of Transportation held hearings on Berkshire Hathaway's acquisition of BNSF Railway, focusing on whether the $8.1 billion acquisition premium should be included in BNSF's cost base, thus impacting freight pricing. Shippers expressed concerns about potential freight rate increases and urged the STB to protect their interests. Experts suggested breaking the regulatory cycle. This case concerns fair competition and efficiency improvement in rail transport, and the outcome will have a profound impact on the industry. The core issue is whether the premium should be considered when calculating BNSF's costs.

01/22/2026 Logistics
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