Subscribe to PCE Communications
    Choose Your Subscription

    Transportation & Logistics Q3 2020

    Q3-2020-Transportation-Logistics

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • M. J. Van Damme Trucking Inc.
    • Eberhart Capital, LLC
    • $50.00
    • Assets of Comcar Industries, Inc. and CCC Transportation, LLC
    • Bulk Transport Company East, Inc.
    • $6.80
    • Assets of Steer
    • Facedrive Inc.
    • $2.61

     

    Source S&P Capital IQ as of 10/12/2020 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, Allison. “American Airlines, United to cut 32,000 Jobs as Washing Debates Relief.” Wall Street Journal, October 1, 2020.
    2. “Global Air Freight Market Sees Tight Capacity as Travelers Stay Home.” DC Velocity RSS, DC Velocity, August, 31, 2020.
    3. Smith, Jennifer. “Truckers Are Seeing Growing Freight Volumes.” Wall Street Journal, September 3, 2020.
    4. Smith, Jennifer. “West Coast Freight Networks ‘Bursting at the Seams’ With Surging Imports.” Wall Street Journal, September 10, 2020.
    5. Chen, Elaine. “From ‘Freezer Farms’ to Jets, Logistics Operators Prepare for a Covid-19 Vaccine.” Wall Street Journal. August 28, 2020.
    6. Smith, Jennifer. “Companies Step Up Distribution Automation Under Pandemic Strains.” Wall Street Journal, August 12, 2020.
    7. Kickham, Victoria. “LMI: Logistics Industry Continues Swift Recovery.” Supply Chain, CSCMP's Supply Chain Quarterly, September 1, 2020.
    8. Smith, Jennifer. “Robot Trucks Are Seeking Inroads Into Freight Business.” The Wall Street Journal, September 1, 2020.
    9. “Walmart Plans $220 Million Mega-Warehouse in South Carolina.” DC Velocity, July 20, 2020.
    10. Schulz, John D. “FMCSA Gives Green Light to under-21 Truck Driver Pilot Program.” Logistics Management, September 9, 2020.

    Please Share This