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Summer 2021 | M&A Report In The Transport, Logistics and Supply Chain Industry Sector

By Peter Heydenrych | Aug 20, 2021

The report below gives a good overview of the Summer 2021 M&A activity in the Transport, Logistics and Supply Chain Industry Sector. The Global Logistics Market is estimated to grow by USD 6.9 Trillion, progressing at a CAGR of almost 4.6% during 2021-2026 as per research published by IMARC Group. During late May 2021, COVID-19 outbreaks in and around the key southern China container port of Yantian, had led to temporary restrictions on export cargo for a significant period. Although, full operations have resumed, it is expected that the impact on supply chains will be much greater than the disruption caused by Suez Canal blockage. The disruption in China will eventually spill over and affect European and North American markets. Additionally, sea container and air freight transportation prices have risen due to manpower and commodity constraints, as well as an inflationary environment. Also, extreme capacity issues affected rail and trucking industry in the USA. Manufacturers in Europe and North America are mostly affected by transportation delays caused by suppliers in Asia. Transportation delays are projected to continue until 2022 as consumer demand is expected to expand at a high rate throughout 2021.

Posted by Peter Heydenrych.

Read the Entire Summer 2021 Transport, Logistics and Supply Chain Report Here

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