Acquisitions throughout the supply chain complex were plentiful in 2021. Record freight rates and margins drove earnings to new highs for transportation providers, creating a potential high point for sellers to exit and an abundance of free cash flow for buyers to deploy.
Carriers used M&A to add hard-to-find equipment and drivers to their networks and some were able to bolt on complementary offerings in adjacent modes. Shippers with large supply chains focused on regaining control after several...
https://www.freightwaves.com/news/why-transportation-ma-could-step-higher-in-2022