Kenco Acquires Drexel Industries to Expand North American Presence

Kenco Acquires Drexel Industries to Expand North American Presence

Kenco's strategic acquisition of Drexel Industries' 3PL business signifies its expansion in Canada and North America. This acquisition not only increases warehousing space and geographical reach but also integrates the strengths of both companies in technology, market knowledge, and service offerings. The move aims to provide customers with more efficient and comprehensive logistics solutions, solidifying Kenco's position as a leading 3PL provider. The acquisition is expected to enhance Kenco's capabilities in serving a wider range of industries and optimizing supply chain operations for its clients.

01/30/2026 Logistics
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BCOM Rebalancing May Trigger 14B Gold Silver Selloff

BCOM Rebalancing May Trigger 14B Gold Silver Selloff

The annual rebalancing of the Bloomberg Commodity Index (BCOM) is set to trigger a sell-off of over $14 billion in gold and silver, while driving purchases of commodities like crude oil, cocoa, and sugar. Scotiabank suggests buying the dip in precious metals but remains cautious on crude oil. Investors should focus on fundamentals, manage risk, and be flexible in response to market volatility. The cocoa market may experience significant fluctuations due to the rebalancing. This event presents both opportunities and risks within the commodity market.

01/30/2026 Exchange Rate Query
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Pound Hits Record Low Vs Dollar Amid UK Inflation Slowdown

Pound Hits Record Low Vs Dollar Amid UK Inflation Slowdown

UK inflation data came in lower than expected, intensifying market expectations for a Bank of England rate cut and pressuring GBP/USD downwards. Technically, the pair has broken below key moving averages, indicating that bears are in control. A stronger US dollar is also weighing on the pound. Investors should pay close attention to upcoming economic data and central bank policy announcements, as well as the impact of holiday liquidity on the market. This confluence of factors suggests continued volatility for GBP/USD in the near term.

01/30/2026 Exchange Rate Query
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AI Transforms Logistics Cost Management with Precision

AI Transforms Logistics Cost Management with Precision

AI empowers logistics cost control, enhancing auditing and optimizing transportation. A data-driven approach is crucial, requiring companies to collaborate in response to market challenges. AI applications improve efficiency and transparency in logistics operations. Real-time data analysis facilitates proactive decision-making and cost reduction. Successful implementation relies on robust data infrastructure and strategic partnerships. By leveraging AI and data insights, businesses can achieve significant cost savings and maintain a competitive edge in the rapidly evolving logistics landscape. Focus on data quality and security is paramount.

01/30/2026 Logistics Industry Insights
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Ezhou Huahu Airport Launches Direct Athens Flight to Enhance Chinaeurope Trade

Ezhou Huahu Airport Launches Direct Athens Flight to Enhance Chinaeurope Trade

Ezhou Huahu Airport launched its first new route of 2026, "Ezhou=Athens", with two flights per week and an annual capacity of 20,000 tons. The route primarily transports cross-border e-commerce goods and Greek specialties. This move is a significant step for Huahu Airport in optimizing its European route network and supporting the "Belt and Road" initiative. In 2025, Huahu Airport experienced substantial growth in cargo volume. The airport will continue to promote its hub enhancement strategy to build a world-class air cargo hub.

01/30/2026 Logistics
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Global Ecommerce Logistics Avoiding Pitfalls for Crossborder Sales

Global Ecommerce Logistics Avoiding Pitfalls for Crossborder Sales

This article provides an in-depth analysis of common challenges in cross-border e-commerce logistics, covering aspects such as logistics method selection, key points of customs clearance, logistics tracking and customer communication, and packaging and cargo security. It offers practical advice for sellers, helping them navigate the complexities of cross-border logistics and tap into the global market. The aim is to equip cross-border e-commerce sellers with the knowledge to avoid logistical pitfalls and maximize their opportunities for success in the international arena.

01/30/2026 Logistics Encyclopedia
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Bolivia Adopts WCO Program to Strengthen Customs Oversight

Bolivia Adopts WCO Program to Strengthen Customs Oversight

The Switzerland-WCO Global Trade Facilitation Programme (GTFP) supports Bolivian Customs in enhancing its risk management capabilities. Through workshops, progress is reviewed, recommendations are provided, and continuous technical assistance, capacity building, and experience sharing are offered. The aim is to assist Bolivian Customs in establishing a scientific, efficient, and sustainable risk management system. This system will help safeguard national economic security and promote legitimate trade development. The project focuses on building a robust framework for identifying and mitigating potential risks in cross-border trade.

01/30/2026 Customs Knowledge
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Newmarket Heath Airfield Upgrades to Enhance Passenger Experience

Newmarket Heath Airfield Upgrades to Enhance Passenger Experience

Newmarket Heath Airfield (EGSW) is a small airport located in Newmarket, UK, offering convenient flying services. Users can access NOTAM information through premium accounts to ensure flight safety. The geographical advantages and functional features of Newmarket make it an ideal place for aviation enthusiasts to engage in training and recreational flying.

08/04/2025 Airport Codes
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Argentinas Sierra Grande Airport Gains Strategic Importance

Argentinas Sierra Grande Airport Gains Strategic Importance

Sierra Grande Airport (IATA: SGV; ICAO: SAVS) is located in southeastern Argentina and serves as an important regional aviation hub. Its strategic location and development potential are attracting attention, and there may be a need to optimize resources and facilities in the future to accommodate the increasing demand for air travel.

08/04/2025 Airport Codes
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