With the rapidly changing environment of the logistics and supply chain industry, it has been a busy one for mergers and acquisitions (M&A) in the third-party logistics sphere. There is a lot of pressure for 3rd party logistics providers to expand their services; customers and clients are now looking more and more for a one-stop solution for all of their logistics and supply chain needs. Combine this with a need to drive scale in specific markets and a desire to go global for rapidly growing companies and you’ve got a recipe for a healthy M&A environment.
This month we thought we’d focus on exploring how these concepts are affecting 3PLs and compiled the most insightful facts we could find!
9 Facts Looking at the Trend of Mergers and Acquisitions in Third-Party Logistics
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