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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Shipping Industry Adopts Slow Steaming to Cut Costs

Shipping Industry Adopts Slow Steaming to Cut Costs

A Drewry Maritime Advisors report indicates that 'slow steaming' will become more prevalent in the shipping industry due to rising fuel costs and environmental regulations, particularly on specific routes. Shipping companies are reducing vessel speeds to decrease fuel consumption, thereby lowering costs and reducing carbon emissions. This trend will impact the entire supply chain, potentially leading to longer transit times and adjustments in inventory management. The adoption of slow steaming is seen as a key strategy for mitigating financial and environmental pressures.

02/03/2026 Logistics Industry Insights
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Class 8 Truck Orders Decline Amid Freight Slowdown Concerns

Class 8 Truck Orders Decline Amid Freight Slowdown Concerns

ACT Research data indicates that the improvement trend in Class 8 truck order backlogs stalled in June, suggesting potential challenges for the logistics industry. Key factors include economic slowdown, artificial factors, and industry cyclicality. Logistics companies should closely monitor market dynamics, optimize fleet management, invest in new technologies, strengthen risk management, and flexibly adjust their business strategies to cope with future uncertainties. This pause in backlog improvement signals a need for proactive adaptation within the logistics sector to navigate the evolving economic landscape.

02/03/2026 Logistics Industry Insights
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NMFC Announces 2025 Overhaul of LTL Shipping Rules

NMFC Announces 2025 Overhaul of LTL Shipping Rules

The NMFTA will implement significant NMFC changes in 2025, impacting all parties involved in LTL shipping. The transformation aims to simplify classification, standardize density tiers, streamline commodity listings, and improve the ClassIT tool. The NMFTA is hosting listening sessions and workshops to help stakeholders understand and prepare for the changes. Density pricing is an emerging trend in LTL, requiring shippers to be proactive. This includes communicating with partners, leveraging technology, and negotiating effectively to mitigate potential cost increases and maintain competitive shipping rates.

02/03/2026 Logistics
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Firms Diversify Supply Chains Reduce Reliance on China

Firms Diversify Supply Chains Reduce Reliance on China

A Kearney report indicates a strong desire for companies to reshore, but supply chain diversification is the dominant trend. US companies are actively seeking sourcing options outside of China, reshaping the Asian manufacturing landscape and leading to a decrease in China's export share. Businesses need to conduct cost, risk, market, and compliance analyses to select the optimal approach and build more resilient and sustainable supply chains. Diversification, rather than complete reshoring, is the key strategy for mitigating risks and ensuring long-term stability.

02/03/2026 Logistics Industry Insights
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Amazon FBA Freight Forwarders Struggle Amid Capacity Compliance Crises

Amazon FBA Freight Forwarders Struggle Amid Capacity Compliance Crises

FBA first leg freight forwarders face triple challenges: capacity, compliance, and payment terms. Breaking the deadlock requires building a multi-level capacity network, shifting from 'post-event compensation' to 'pre-event prevention', and implementing 'tiered payment terms + risk control'. The future trend is to transform from 'pure transportation' to 'supply chain service providers', deeply integrating resources, providing digital services, and expanding value-added businesses. This transition will enable them to overcome current obstacles and thrive in the evolving cross-border logistics landscape.

02/03/2026 Logistics Industry Insights
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DSV Boosts Semiconductor and Latin America Logistics Via Acquisitions

DSV Boosts Semiconductor and Latin America Logistics Via Acquisitions

DSV's acquisition of S&M Moving Systems West and Global Diversity Logistics aims to strengthen its position in the semiconductor industry, synergize with Phoenix-Mesa Gateway Airport operations, and expand cross-border services in Latin America. This acquisition reflects the accelerating trend of consolidation and service specialization within the logistics sector and marks a significant step in DSV's global strategic positioning. The move is expected to enhance DSV's capabilities in handling complex logistics needs and further solidify its presence in key markets.

02/04/2026 Logistics
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Diesel Prices Hit 16week High Straining Truckers and Consumers

Diesel Prices Hit 16week High Straining Truckers and Consumers

U.S. diesel prices have risen for 16 consecutive weeks, putting pressure on key industries like transportation, agriculture, and construction. This article analyzes the reasons and impacts of the price surge, and proposes strategies for businesses, individuals, and the government to cope with the situation. The aim is to stabilize the market and safeguard people's livelihoods. The continuous increase in diesel prices is a concerning trend that requires careful consideration and proactive measures to mitigate its adverse effects on the economy and consumers.

02/04/2026 Logistics Industry Insights
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US Rail Freight Declines Amid Industry Shifts

US Rail Freight Declines Amid Industry Shifts

Data from the Association of American Railroads shows that US rail freight and intermodal traffic declined year-over-year in late October, but detailed data reveals growth in some commodity categories. Year-to-date cumulative data still shows an upward trend. Rail freight companies need to strengthen infrastructure construction, optimize operation and management, expand business areas, and embrace technological innovation and sustainable development. This requires a strategic approach to navigate current challenges and capitalize on emerging opportunities within the evolving logistics landscape.

02/04/2026 Logistics
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US Rail Freight Mixed Grain Metals Up Autos Intermodal Down

US Rail Freight Mixed Grain Metals Up Autos Intermodal Down

According to the Association of American Railroads, U.S. rail freight volume saw a slight year-over-year decrease in early November. However, grain and metals shipments bucked the trend, showing growth, while coal and automotive transport declined. Intermodal business also faced challenges. Year-to-date figures still indicate overall growth. Railroad companies need to adapt to market changes and focus on key factors such as economic growth, energy policies, supply chain management, technological innovation, and infrastructure investment to maintain a competitive edge.

02/04/2026 Logistics
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