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    Transportation & Logistics Q1 2021

    Q1 2021 Transportation Logistics

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Cryo-Trans, Inc.
    • Lineage Logistics Holding, LLC
    • $500.00
    • Distribution business of Forward Air Corporation
    • Ten Oaks Group
    • $20.00
    • Seville Freight Systems Inc.
    • Expolanka USA LLC
    • $2.20
    • ProDynn Distribution, LLC
    • Emergence Global Enterprises Inc.
    • $0.67
    • Assets and Liabilities of Double D Trucking, Inc.
    • Shyp FX Inc.
    • $0.50
    • LTO Holdings, LLC
    • LMP Finance, LLC
    • $0.45

     

    Source S&P Capital IQ as of 4/12/2021 and PCE Proprietary Data

    Additional Resources

    eBook- Keys to Selling Your Transportation Business

    Contacts

    eBook- Keys to Selling Your distribution Company

    Woody Whitcomb

    Orlando Office

    407-621-2113

    Michael Rosendahl

    New York Office

    201-444-6280 Ext 1

    Data Assumptions

    This report represents transaction activity as mergers & acquisitions, consolidations, restructurings and spin-offs. Targets are defined as U.S. Based companies with either foreign or U.S. based buyers. Transaction information provided is based on closed dates only.

    Glossary

    EBIT - Earnings Before Interest and Taxes
    EBITDA - Earnings Before Interest, Taxes, Depreciation, Amortization
    LTM - Last Twelve Months
    TEV - Total Enterprise Value

    Sources:

    1. Sider, Alison. “FAA Orders New Inspections of Boeing 777 Jets With Pratt & Whitney Engines.” The Wall Street Journal, Dow Jones & Company, 24 Feb. 2021.
    2. Weed, Julie. “Despite It All, Two New U.S. Airlines Prepare to Fly.” The New York Times, The New York Times, 16 Mar. 2021.
    3. Paris, Costas. “Shipping Logjams Spread on Crush of Imports.” The Wall Street Journal, Dow Jones & Company, 18 Mar. 2021.
    4. Kellaher, Colin. “FedEx to Invest $2 Billion in Bid for Carbon-Neutral Operations.” The Wall Street Journal, Dow Jones & Company, 3 Mar. 2021.
    5. Hodari, David, and William Boston. “Gasoline Demand Has Peaked, Global Forecaster Says.” The Wall Street Journal, Dow Jones & Company, 17 Mar. 2021.
    6. Smith, Jennifer. “Trucking Failures Surged Last Year Under Pandemic.” The Wall Street Journal, Dow Jones & Company, 8 Feb. 2021.
    7. Kickham, Victoria. “Logistics Industry Expansion Continues in February.” CSCMPs Supply Chain Quarterly RSS, CSCMP's Supply Chain Quarterly, 3 Mar. 2021.
    8. Smith, Jennifer. “WSJ News Exclusive | Warehouse Robotics Provider Berkshire Grey to Go Public Through SPAC Deal.” The Wall Street Journal, Dow Jones & Company, 24 Feb. 2021.
    9. Russon, Mary-Ann. “The Cost of the Suez Canal Blockage.” BBC News, BBC, 29 Mar. 2021.

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