July, 2024

For Q1 2024, the median transaction value in Transportation & Logistics was $19 million. For Q1 2024, strategic buyers accounted for 91% of transactions.

Select recent notable publicly announced M&A transactions:

–Enservco Corporation announced its acquisition of Buckshot Trucking for $6 million in March 2024.

–An undisclosed buyer closed its acquisition of Maytag Aircraft for $46 million in March 2024.

–Ryder System closed its acquisition of Cardinal Logistics Management Corporation for $290 million in February 2024.

–SkyWest closed its acquisition of Corporate Flight Management for $15 million in February 2024.

–PITT OHIO closed its acquisition of 57-acre terminal, 700 E. Rawson Avenue for $19 million in January 2024.

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