(Jeff Berman – Logistics Management)
Current trend lines for deal making activity in the transportation and logistics sectors appear to be mixed, according to research recently issued by PwC.
Deals cited by PwC in its data report represent all announced deals for the quarter-as opposed to completed deals only-and the report does not parse out deals that are withdrawn, intended, or pending, and only deals valued at $50 million or more are included.
In its “Global Transportation and Logistics M&A Deal Insights 2017,” report PwC noted that total first quarter deal value at $18.2 billion was down 38 percent compared to the first quarter of 2016 and was up 2 percent compared to the fourth quarter of 2016. There were 63 transportation and logistics deals in the first quarter, which was up 26 percent annually and down 9 percent compared to the fourth quarter. Click here to read more.