2018 Outlook: Watch Out for More Consolidation in Logistics — Panjiva


2018 Outlook: Watch Out for More Consolidation in Logistics

Corp - Forwarders 164 Corp - Shipping 629 Financing 86 Global 772 Mergers 203 Mode - Containerized 1036 Mode - Seaborne 1307 Mode - Tanker 172 Outlook 43 Research Recaps 25 U.S. 3446

Consolidation is a fact of life in the highly fragmented logistics industry. M&A in 2017 reached $32 billion, 26% higher than 2016 and similar to 2015. The largest deals, as in 2016, were in the container-line sector. Further consolidation among the container-lines is possible in 2018, particularly given the apparent ease with which Maersk and COSCO Shipping’s deals were approved. Infill deals, particularly involving regional specialists such as Yang Ming (12% of Taiwan-U.S. traffic) or Grimaldi (3% of Europe-U.S.) look possible. The freight forwarder sector is more in need of conso...

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