Global consultancy PwC has released the newest edition of its quarterly analysis of mergers and acquisitions (M&A) in the global transportation and logistics (T&L) sector.
The analysis covers all T&L transactions worth US$50 million or more, across passenger air, passenger ground, shipping, logistics, trucking and rail industries.
Global transportation and logistics M&A activity picked up steam in the second quarter of 2017, with the sector reporting its highest quarterly deal value in the last three years, along with the second highest deal volume over the same period.
Deal value of the T&L sector increased 127 per cent to $45.1 billion in Q2 2017 versus Q1 2017. Deal volume grew by five per cent during the same period, and 28 per cent year-on-year to 69 deals in Q2 2017.