The report below provides a good overview of the fourth quarter M&A activity in the Transport, Logistics and Supply Chain Industry Sector. M&A activity for North American based target companies in the Transportation and Logistics sector for Q3 2017 included 41 closed deals, according to data published by industry data tracker FactSet.
There has been significant consolidation in the supply chain technology sector, which has a substantial impact across the supply chain and logistics sector. Case in point, in September of this year HighJump, a global provider of supply chain management solutions, announced that it acquired Wesupply, a United Kingdom-based premier provider of supplier enablement and B2B integration solutions across multiple industries including retail, building, CPG, energy and manufacturing. With this acquisition, HighJump further expands its global footprint and extends its growing position in the market.
E-commerce giant Amazon continues to be a leader in supply chain and logistics with more than 200 fulfillment centers across the United States.
- The average US retail price for diesel and regular gas, a major operating cost for trucking fleets, rose 19.3% and 18.7%, respectively, in the week ending Nov. 13, 2017, compared to the same week in 2016.
- Total US manufacturers’ shipments, an indicator of the volume of goods shipped by truck, rose 4.7% year-to-date in September 2017 compared to the same period in 2016.
- Total US revenue for general freight trucking rose 0.8% in the second quarter of 2017 compared to the previous year.
Posted by Peter Heydenrych.