Warnings of a tough outlook as US trucker numbers show signs of decline
After two years of rapid growth, the number of US trucking operators is set to ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
It looks as if there will be further consolidation in the US after Echo Global Logistics, the Chicago-based freight broker, is on the lookout for a new acquisition. The company has gone through a series of acquisitions, reports the WSJ, but the last was in April 2015 and it is now ready for more. But apparently it’s not the only one looking for M&A growth, a trend triggered by a flat market and lack of scale among some players. Echo is taking it seriously – and has hired an investment bank analyst to work on deals.
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