In this report, we look at trends in the U.S. buyout industry, including fundraising and valuation and leverage multiples. We consider what this means for asset-based trucking carriers, which, in our view, are particularly unsuited to private equity ownership. We stress-test a LBO model of an asset-based trucking company in a downturn and demonstrate the fragility of truckload carrier profitability (net earnings down 114% on a 10% drop in gross revenue). Finally, we consider how recent PE-backed transportation deals and how they have fared.

Members Only

You have selected content that's only available to members of FreightWaves Passport. As a member, you gain immediate access to the most in-depth and informative freight research available. It's your gateway to continuing education.

Members also get:

  • Access to exclusive community dedicated to discussing the most important challenges facing freight.
  • Monthly and Quarterly Freight Market reports keeping you informed of industry trends.
  • Much, much more!

Click below to learn more and sign up today!

Subscribe
Existing Passport subscribers log in above.