August, 2023

In Q2 2023, the median transaction value in Transportation & Logistics was $68 million. In Q2 2023, strategic buyers accounted for 95% of transactions.

Select recent notable publicly announced M&A transactions:

– Crowley Maritime Corporation closed its acquisition of Tamarind Consolidated at an undisclosed value in June 2023.

– IAC closed its acquisition of Turo for $104 million in May 2023.

– Covenant Logistics Group closed its acquisition of Lew Thompson & Son Trucking for $130 million in April 2023.

– Blink Mobility closed its acquisition of Envoy Technologies for $36 million in April 2023.

– Fulflld closed its acquisition of Nillam Logistics at an undisclosed value in April 2023.

    Download Report