Transport Topics (Oct. 8, 2021)
Mergers and acquisitions in the trucking industry are heating up as buyers and sellers look to make moves while a confluence of factors drive activity. Included in those factors are high valuations for motor carriers, deals that have gotten backlogged during the pandemic and concerns over potential changes to capital gains taxes. According to Lee A. Clair, a managing partner at Transportation and Logistics Advisors, significant activity is occurring for less-than-truckload brokers, truckload brokers, truck lines, airfreight forwarders, ocean forwarders and managed transportation providers. He also notes the activity is lifting deal brokers out of a period of idleness that dates to the fourth quarter of 2019.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices