M&A surge in Q4 closed a busy year for logistics deal-making

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The value of M&A deals in the logistics sector doubled last year, with more expected in 2016. A PwC report notes that the fourth quarter saw more than 43% of the entire year’s deals. While there were fewer than in the year before, they were larger, and included deals such as XPO’s takeovers of Norbert Dentressangle and Con-way, K+N’s ReTrans buy and, of course, DSV’s acquisition of UTi. A survey by investment bank SDR Ventures, meanwhile, found 45.5% of executives ...