News / 2024 a 'year of consolidation' among SME forwarders, as M&A kicks off

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The forwarding market is predicted to see a wave of consolidation among smaller independent forwarders over the next year, following a series of acquisitions in the past 24 hours.  

One senior freight forwarder told The Loadstar “2024 will be the year of consolidation”, as SME forwarders look at selling their businesses and would-be acquirers continue to wield significant funds for the right targets. 

“The shite times are here, and deepening, and [SME] valuations are good, based on the last three years, ...