Total transportation and logistics deal volume for 2007 is on pace to exceed 2006 levels, according to Intersections, PricewaterhouseCoopers’ quarterly report on M & A in the global transportation and logistics industry. This may be due in part to the effects of the decline in debt market liquidity and stock market volatility felt by financial investors.
Total deal value during the first three quarters of 2007 exceeded the total deal value announced during the comparable period in 2006 ($39 billion versus $27 billion, respectively).
The pace of M & A activity in the transportation and logistics industry has not abated, and we anticipate that it is going to continue as a result of the current global environment,” said Ken Evans, U.S. transportation and logistics …
