{"id":3176,"date":"2021-08-12T15:22:15","date_gmt":"2021-08-12T15:22:15","guid":{"rendered":"https:\/\/cantruck.ca\/trucking-ma-intensifies\/"},"modified":"2025-01-10T16:44:06","modified_gmt":"2025-01-10T16:44:06","slug":"trucking-ma-intensifies","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/trucking-ma-intensifies\/","title":{"rendered":"Trucking M&A Intensifies"},"content":{"rendered":"

Transport-related mergers and acquisitions are picking up steam in North America, reports Supply Chain Drive magazine.<\/p>\n

Nikhil Sathe, managing director of Logisyn Advisors, said the jump in transportation M&A behavior is partly a diversification strategy on the part of major carriers. Diversification within a sector is seen as buffering companies from the ups and downs of a sub-sector, such as LTL, TL or 3PL.<\/p>\n

The positive trucking economy and access to capital have carriers looking at a \u00ab\u00a0holistic\u00a0\u00bb strategy for the future, said Sathe, who is seeing heightened M&A activity on both sides of the U.S.-Canadian border.<\/p>\n

One thing carriers could be chasing with acquisitions is capacity, suggest the magazine. When buying a carrier, the purchaser gets the trucks, the trailers and, in many cases, the drivers, who are usually in short supply.<\/p>\n

Sathe said capacity is just one aspect in a market flush with opportunities.<\/p>\n

\u00ab\u00a0Capacity is king, but there’s more at play in the market,\u00a0\u00bb said Sathe, citing diversification desires. And he notes now is the time to strike, when\u00a0access to capital is there.<\/p>\n

\u00ab\u00a0[Private equity] is flush with a lot of cash,\u00a0\u00bb said Sathe.<\/p>\n

But even with bags of cash and notes of credit, carriers often wait until a market turns southward, or is long from a peak, before buying, so they can get a better price, according to Avery Vise, FTR vice president of trucking.<\/p>\n

Right now, carriers appear to believe the freight market will continue to sustain itself near or at peak levels, meaning it is not yet purely a seller’s market, Vise said. FTR’s research supports the conclusion that the market is far from a peak, Vise said.<\/p>\n

As for what the future of transport M&A looks like, Vise said it’s possible more TL firms will buy LTL carriers, and vice versa.<\/p>\n

Sathe said the big movement will be in mid-market firms, Sathe said, but it won’t stop there. Carriers and private equity appear to feel the recovery is solid and will sustain itself for a long time.<\/p>\n

\u00ab\u00a0We see significant deals in the e-commerce space,\u00a0\u00bb said Sathe. \u00ab\u00a0I have never seen so much money chasing deals.\u00a0\u00bb<\/p>\n

Full story here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Transport-related mergers and acquisitions are picking up steam in North America, reports Supply Chain Drive magazine. Nikhil Sathe, managing director of Logisyn Advisors, said the jump in transportation M&A behavior…<\/p>\n","protected":false},"author":2,"featured_media":497,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16],"tags":[30,1943,237,136,1944,24,1945],"class_list":["post-3176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","tag-capacity","tag-equity","tag-freight-brokers","tag-ltl","tag-mergers-and-acquisitions","tag-supply-chain","tag-tl"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=3176"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/497"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}