Rival LTL players snap up Yellow terminals in $1.9bn auction
Speculation about a new entrant in the US less-than-truckload (LTL) market on the back of ...
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 ...
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?