Jackson exit expected to accelerate LTL push at Knight-Swift
The largest US truckload carrier by revenue is under new leadership: CEO and president David ...
The merger between Knight Transportation and Swift Transportation dealt a blow to the M&A bears who have recently argued that the transport and logistics industry was ill-prepared to enjoy any upside from consolidation this year or next.
After a year of transition for acquisitions, we might now have to prepare for a deal-making binge: is a tsunami of epic proportions about to hit the trucking sector in the US?
And if so, what does this $6bn-plus merger tell us?
Landscape
M&A volumes and values ...
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FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Shipper frustration as spot rates rise alongside demand, and cargo is rolled
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article
sandy
April 13, 2017 at 10:58 pmDoubt anyone will buy YRCW or ArcBest, union LTL carriers with large pension liability.
Ale Pasetti
April 23, 2017 at 9:45 pmThanks, sandy. So, who is next?