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State of Logistics 2016: Pursue mutual benefit PwC reports a mild decline in third quarter transportation & logistics M&A activity UPS turns in strong Q3 earnings performance J-tec Industries announces partnership with K. Hartwall Case Study: LEAN Yields Big Results More News PwC said this week that deal making activity in the transportation and logistics sectors for the third quarter was off slightly, while still impressive over all. In its “Global Transportation and Logistics M&A Deals Insights Q3 2016,” report, PwC said that M&A activity for the sectors has been stable in 2016, with 50 or more deals, respectively, in the first and second quarters, with the third quarter coming in at 50, which marked an 11 percent decline in deal volume compared to the second quarter of 2016 and the third quarter of 2015. “We saw a softening of deal activity across a number of sectors, likely driven by political and economic uncertainty related to the US presidential election, the long term implications of Brexit and continued uncertainty over economic slow-down in China,” Darach Chapman, PwC US Transportation & Logistics Deals Leader, told LM. When looking at deals in terms of value, PwC said that third quarter total value was $26 billion, which was off 5 percent annually and 30 percent compared to the second quarter, even though over all activity remains strong. In terms of megadeals, which PwC defines as transactions valued at more than $1 billion, PwC said there were five in the third quarter, with a total value of $14 billion. When asked if the pace of these megadeals will remain in this current range, Chapman said that “given the geographic and sub-sector diversity of megadeal activity over the last few years, we would expect the overall T&L sector to continue to generate megadeals in […]