Freight Forwarders See the World: "Transportation Mergers and Acquisitions" in the US Logistics Market"

11月09日 14:33:48

In recent years, the speed of mergers and acquisitions is getting faster and faster, and the scale is becoming more and more eye-opening. Naturally, the logistics market is no exception.

announced three such acquisitions on Monday-Werner Enterprises to buy ReedTMS Logistics,Ascend LLC to buy Fuchs Trucking,Forward Air to buy Chickasaw Container Services(CCS). Two of the acquisitions merged non-asset freight brokers with asset-based trucking companies.


due to the reduction of freight demand, the economic headwind is growing. Mergers and acquisitions have slowed after reaching new highs in 2021, but the U.S. logistics market is putting some of its money back into the business by acquiring companies that have narrowed the gap.

at Forward Air, the acquisition allowed the company to expand from the original airport-to-airport ground expedited network to traditional LTL transportation, last-mile delivery, transshipment and multimodal transportation-all in the chain that controls the flow of high-value international goods.

in fact, the extension of enterprises to LTL transportation is only a way to make alliances between large competitors within the freight industry. Since carriers usually use low cost and a certain time as requirements for transportation services, without necessarily emphasizing the mode of transportation, the respective modes of transportation can take different forms of organization.

entering the 21st century, the service industry and high-end manufacturing industry in the economic structure of the United States have maintained rapid development. The development of the industry has promoted the transportation of goods to continue to move towards the direction of high value and light weight, and the share of high value products in transportation weight has been greatly increased. Driven by this general trend, the logistics industry will be further developed by combining services and fully integrating transportation mergers and acquisitions.

Forwardernet.com


The reprinting of the article is only for the purpose of disseminating more information and is for reference only. If you have any objections to the content, images, copyright, or other issues, please contact us at 0755-28288725, QQ: 2538196219, and we will reply and handle them promptly. Thank you!