Topic: Mergers & Acquisitions

The March 2021 TCI, which is the most recent month for which data is available, was 16.27, topping February’s 11.23 by slightly more than five points. This reading tops the previous record, of 16.17, which was set in October 2020.

The firm’s “Global Transportation and Logistics M&A Deals Insights Q3 2016” report” stated that total second half 2016 deal value of $53.3 billion was off by 22 percent compared to the first half of 2016, with total deal activity for all of 2016 down 6 percent annually at $122 billion.

When it comes to pricing changes, transportation and logistics bellwethers are usually on the same page. And that was again made clear with changes each company made for additional handling charges on ground packages.

Final thoughts on Modex 2016.

Less-than-truckload and transit technology services provider SMC3 said it has acquired Transportation Costing Group (TCG), a provider of activity-based cost modeling software and other profitability management tools for LTL and truckload shippers.

Infor, a supply chain and logistics technology services and ERP software provider, said today that its planned acquisition of GT Nexus, a global provider of cloud-based global commerce technology, which was announced last month, has been completed.

In casual conversation with friends, it surprises me how many myths still exist around moving freight by rail. “It must be slow, unmanageable, old fashioned.” Rail seems to conjure memories of pillows of steam hovering over charming brick stations, or lonely whistles heard from a distant train snaking through the countryside.

I joined my son at his church last week and happened to meet a senior executive from a brick manufacturing company. When this gentleman learned of my logistics background, he asked if I knew anyone who had flatbed trucks.

Non asset-based third-party logistics (3PL) services provider Transplace said today it has acquired Philadelphia-based SCO Logistics, a 3PL serving the chemical industry. Financial terms of the deal were not disclosed.

Like its top competitor UPS said at the end of 2010, FedEx recently stated that it is not considering acquiring the express business of Netherlands-based TNT NV, a provider of mail and courier services and the fourth largest global parcel operator, according to a Dow Jones report.

Rob Martinez, president and CEO of Shipware Systems Corp., Jerry Hempstead, president of Hempstead Consulting, and David Ross, transportation and logistics director for Stifel Nicolaus equity research, engage in a free-flowing exchange of views on price trends, service enhancements, and operational strategies being implemented in the parcel express sector.

Continuing a trend that showed signs of increasing traction during the second half of 2010, there are signs that transportation and logistics merger & acquisition activity is continuing to rebound, according to PricewaterhouseCoopers (PwC).

In a harbinger of perhaps more mergers and acquisitions within the trucking industry, NAPA Transportation has acquired certain assets of the dry van and brokerage divisions of Payne Trucking.

Earlier today, Senator John D. (Jay) Rockefeller (D-WV) released a report entitled “The Current Financial State of the Class I Freight Rail Industry,” which takes Class I railroads to task for what he described as earning record profit margins at the expense of shipper customers.

As trucking capacity continues to tighten and freight demand returns, many freight transportation stakeholders maintain that the specter of a future truck driver shortage is not a matter of ‘if’ but ‘when.’

The federal government’s proposed Comprehensive Safety Analysis of how it rates trucking companies and drivers is being delayed, much to the relief of the trucking industry, which recently pointed out many flaws in the new rating system.