Comment / Against the odds: Private equity in T&L; the squeeze; survival of the fittest

I recently dreamt of melting pots in transport and logistics (T&L). Or was I awake?

A rather eventful week – on sooooo many colourful fronts at the intersection of T&L and finance – deserves a special word or two.

Let’s start yesterday with the the most prominent highlight: KKR’s offer to take private Japan’s Hitachi Transport System (HTS) valuing the target’s entire equity capital at almost $5.7bn.

(My ex-paywall quick take for The Loadstar here.)

Which, apart from side ocean freight volumes, is mostly ...