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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Crowley Expands Puerto Rico Logistics with Strategic Acquisition

Crowley Expands Puerto Rico Logistics with Strategic Acquisition

Crowley Logistics acquired Islandwide Air and Ocean to deepen its presence in the Puerto Rican market, offering integrated supply chain services including ocean, air, land transportation, and warehousing. This acquisition will enhance Crowley Logistics' service capabilities, reduce customer costs, and positively impact the Puerto Rican economy. Moving forward, Crowley Logistics is expected to continue strengthening its leading position in the global logistics market through strategic acquisitions and technological innovation. This move consolidates their commitment to providing comprehensive logistics solutions.

02/03/2026 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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Free Directory Aims to Streamline Customer Acquisition in Germany

Free Directory Aims to Streamline Customer Acquisition in Germany

This article introduces a practical and free method for developing the German market: leveraging the German business directory website www.wlw.de. This website lists over 650,000 German companies. By using keyword searches, viewing company details, and contacting them via WhatsApp, you can efficiently reach target customers and help your business expand into the German market. It's a valuable resource for lead generation and market entry.

01/21/2026 Logistics Industry Insights
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UPS Bets Big on Europe with TNT Express Acquisition

UPS Bets Big on Europe with TNT Express Acquisition

The negotiations for UPS's acquisition of TNT Express are ongoing, but face numerous challenges. A successful acquisition would reshape the European and even global logistics market landscape, putting pressure on competitors like FedEx. The final outcome remains to be seen. This potential merger signifies a major consolidation in the European logistics sector, with significant implications for pricing, service offerings, and market share. Regulatory hurdles and integration complexities are key factors that will determine the success of the deal. The industry is closely watching how this unfolds.

01/28/2026 Logistics
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XPO Logistics Plans 8B Acquisition to Expand Market Dominance

XPO Logistics Plans 8B Acquisition to Expand Market Dominance

XPO Logistics plans to spend $8 billion on acquisitions, aiming to transform its strategy and become a leading global third-party logistics (3PL) provider. The strategy focuses on acquiring asset-light companies and strengthening last-mile delivery capabilities. This move faces competition from traditional logistics giants and e-commerce behemoths, but also presents significant growth opportunities. The company believes strategic acquisitions are key to expanding its market share and solidifying its position in the competitive logistics landscape.

01/28/2026 Logistics Industry Insights
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