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State of Logistics 2016: Pursue mutual benefit 2016 global transportation and logistics M&A heads down, says PwC Making the Case for Transportation Management Systems Infrastructure plan rolled out by Senate Democrats is only the beginning of the bargaining CubiScan names Randy Neilson president More News Deal making activity in the global transportation and logistics sectors still impressed in 2016, even though it did not match up with 2015’s more lofty levels, according to data issued by PwC. Deals cited by PwC in its data report represent all announced deals for the quarter-as opposed to completed deals only-and the report does not parse out deals that are withdrawn, intended, or pending, and only deals valued at $50 million or more are included. The firm’s “Global Transportation and Logistics M&A Deals Insights Q3 2016” report” stated that total second half 2016 deal value of $53.3 billion was off by 22 percent compared to the first half of 2016, with total deal activity for all of 2016 down 6 percent annually at $122 billion. Total 2016 deal volume was off six percent annually at 225, while second half deal volume was up six percent compared to the first half of the year. And megadeals, which PwC defines as transactions with announced value greater than $1 billion comprised 60 percent of total 2016 deal value at 19 deals, down from 2015’s 68 percent at 28 deals. Fourth quarter deal value at $26 billion and 60 announced deals were down significantly compared to $76 billion and 61 deals for the fourth quarter of 2015. PwC Transportation & Logistics partner Andy Schmahl told LM there were two reasons driving the spread between the 31 percent decline in deal value and the 6 percent annual decline in deal volume from 2015 to 2016. “First, in 2015 […]