s another boom time for mergers and acquisitions (M&A) and venture capital deals. In the first six months of the year, 141 M&A deals covering trucking, third-party logistics providers (3PLs)/freight brokerages and freight technology were closed, surpassing the 110 M&A deals that were closed for all of 2018. Private equity continues to be a primary driver of M&A activity, especially for 3PLs and freight brokerages. This activity builds off the most notable leveraged buyouts in 2018, which included GlobalTranz, Redwood Logistics, Transportation Insight, BDP International, LEGACY Supply Chain Services and Nolan Transportation Group.
Read the full report here
Learn more about Passport research here