Kenco Acquires Drexel Industries to Expand North American Presence

Kenco Acquires Drexel Industries to Expand North American Presence

US 3PL giant Kenco strategically acquired Canada's Drexel I, aiming to expand its North American logistics footprint and penetrate the Canadian market. By integrating Drexel's local advantages with Kenco's automation technology, the acquisition enhances service capabilities to address intensifying market competition and provide customers with more efficient logistics solutions. This acquisition signals a new shift in the North American logistics market and warrants attention.

01/30/2026 Logistics
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Retail Growth Slows As Consumers Remain Cautious

Retail Growth Slows As Consumers Remain Cautious

Recent data indicates a continued, albeit modest, growth in US retail sales, suggesting a long road to full recovery. Consumer confidence is rebounding, but economic uncertainty persists. Retailers need to focus on evolving consumer behavior, embrace technological innovation, optimize supply chains, and provide exceptional shopping experiences to survive and thrive in a competitive market. The recovery is fragile and requires careful navigation by businesses.

02/03/2026 Logistics Industry Insights
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LTL Carriers Adapt to Freight Slump Amid Industry Shifts

LTL Carriers Adapt to Freight Slump Amid Industry Shifts

US LTL demand weakened in 2023 Q1. Yellow's losses deepened, while ABF Freight and Saia remained relatively stable. The industry is shifting towards technological innovation and green transition. This includes exploring new technologies for efficiency and sustainability, as well as adapting logistics strategies to meet evolving customer needs and environmental regulations. The focus is on improving operational performance while minimizing environmental impact in the competitive freight market.

02/04/2026 Logistics Industry Insights
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Hong Kong Airport Reports April Cargo Growth Amid Trade Tensions

Hong Kong Airport Reports April Cargo Growth Amid Trade Tensions

Hong Kong International Airport (HKIA) saw a 2.6% year-on-year increase in cargo volume in April, reaching 404,000 tonnes, despite pressure from US tariffs. A significant increase in transit cargo was a key factor, particularly from Europe and the Middle East. The launch of new routes also provided support. While the growth rate slowed slightly compared to previous months, HKIA demonstrated resilience amidst global trade frictions.

02/03/2026 Logistics
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Euro Tests Key Support Level Amid Dollar Strength Market Volatility

Euro Tests Key Support Level Amid Dollar Strength Market Volatility

EUR/USD has turned downward after testing a key resistance level and is now approaching a significant support area. This analysis examines the daily and hourly charts, discussing the balance of power between bulls and bears, and proposes corresponding trading strategy recommendations. Investors should pay close attention to economic data from Europe and the US, central bank policy movements, and geopolitical risks, making prudent decisions.

02/04/2026 Exchange Rate Query
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September Trucking Spot Rates Climb As Volumes Fluctuate

September Trucking Spot Rates Climb As Volumes Fluctuate

The US trucking freight market in September presented a complex picture: capacity declined while rates saw a slight increase. This wasn't driven by demand but rather by freight imbalances and capacity shifts. Analysts are pessimistic about the upcoming peak season, anticipating weak volumes. Some carriers may benefit from marginal rate increases. Market participants need to closely monitor market dynamics and adjust strategies to navigate the challenges.

02/04/2026 Logistics Industry Insights
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Trucking Spot Rates Drop As Demand Shifts Market Cools

Trucking Spot Rates Drop As Demand Shifts Market Cools

In late July, the US spot truckload market experienced cooling demand and ample capacity, leading to widespread freight rate declines. Dry van, refrigerated, and flatbed markets all face varying degrees of challenges. Companies should closely monitor market dynamics, flexibly adjust operational strategies, actively explore new business opportunities, optimize transportation efficiency, and reduce operating costs to cope with market changes and maintain a competitive edge.

02/04/2026 Logistics
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Ozon Updates Seller Ratings to Adjust Traffic Distribution

Ozon Updates Seller Ratings to Adjust Traffic Distribution

OZON's introduction of a store rating feature signals an upcoming shift in its traffic allocation mechanism. Sellers need to pay attention to metrics such as product ratings and order fulfillment to improve their operational capabilities and adapt to platform changes. Refined operations are the future trend, and continuous learning and optimization are key to success on the OZON platform.

01/04/2026 Logistics Industry Insights
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Amazon Revamps UK Algorithm Sparks Seller Concerns

Amazon Revamps UK Algorithm Sparks Seller Concerns

Amazon UK is experiencing an algorithm change, promoting equal Buy Box probability and restricted data usage. These new rules may extend to other marketplaces, signaling stricter seller oversight. The reporting function also presents potential risks. Sellers should adapt to these changes, prioritize compliance, and enhance competitiveness. The algorithm update aims to level the playing field, but requires sellers to be vigilant about data privacy and adhere to Amazon's evolving policies to avoid penalties and maintain a strong presence on the platform.

12/31/2025 Logistics Industry Insights
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