Subscribe to PCE Communications
    Choose Your Subscription

    Transportation & Logistics Q4 2020

    Q4 2020 Transportation Logistics

    M&A Transaction Trends

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Elizabeth River Crossings
    • Abertis Infraestructuras, S.A. and John Hancock Life Insurance Company
    • $2,315.78
    • Innovel Solutions, Inc.
    • Costco Wholesale Corporation
    • $998.00
    • Gulf Coast Marine and Terminal Operations and Assets of Dow Inc.
    • BlackRock, Inc. and Royal Vopak N.V.
    • $620.00
    • Performance Team LLC
    • A.P. Møller - Mærsk A/S
    • $545.00
    • Hall's Warehouse Corp.
    • Americold Realty Trust
    • $480.00
    • American Steamship Company
    • Rand Logistics, Inc.
    • $260.00
    • Three Marine Terminals in CT, DE and LA
    • Buckeye Partners, L.P.
    • $252.60
    • TForce Worldwide, Inc.
    • TFI International Inc.
    • $225.00
    • The Apex Group, Inc.
    • KLN Investment (US) LLC
    • $177.57
    • MAC Trailer Leasing, Inc.
    • Mizuho Leasing Company, Limited
    • $145.63

     

    Source S&P Capital IQ as of 1/13/2021 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

    David Jasmund

     

    David Jasmund

    Investment Banking | ESOP

    Orlando Office

    407-621-2111 (direct)

    djasmund@pcecompanies.com

    Connect
    407-621-2111 (direct)

    407-621-2199 (fax)

    Eric Zaleski

     

    Eric Zaleski

    Investment Banking | ESOP

    Chicago Office

    847-239-2466 (direct)

    ezaleski@pcecompanies.com

    Connect
    847-239-2466 (direct)

    407-621-2199 (fax)

    Melissa Ritter

     

    Melissa Ritter

    Investment Banking

    Orlando Office

    407-621-2128 (direct)

    mritter@pcecompanies.com

    Connect
    407-621-2128 (direct)

    407-621-2199 (fax)

    Michael Rosendahl

     

    Michael Rosendahl

    Investment Banking

    New York Office

    201-444-6280 Ext 1 (direct)

    mrosendahl@pcecompanies.com

    Connect
    201-444-6280 Ext 1 (direct)

    407-621-2199 (fax)

    Will Stewart

     

    Will Stewart

    Investment Banking | ESOP

    Orlando Office

    407-621-2124 (direct)

    wstewart@pcecompanies.com

    Connect
    407-621-2124 (direct)

    407-621-2199 (fax)

    whitcomb-woody

     

    Woody Whitcomb

    Investment Banking

    Orlando Office

    407-621-2113 (direct)

    wwhitcomb@pcecompanies.com

    Connect
    407-621-2113 (direct)

    407-621-2199 (fax)

    poole_michael

     

    Michael Poole

    Investment Banking

    Orlando Office

    407-621-2112 (direct)

    mpoole@pcecompanies.com

    Connect
    407-621-2112 (direct)

    407-621-2199 (fax)

    vogt-paul

     

    Paul Vogt

    Valuation

    Atlanta Office

    678-641-4760 (direct)

    pvogt@pcecompanies.com

    Connect
    678-641-4760 (direct)

    407-621-2199 (fax)

    Mackenzie Moran

     

    Mackenzie Moran

    Investment Banking

    New York Office

    201-444-6280 Ext 3 (direct)

    mmoran@pcecompanies.com

    Connect
    201-444-6280 Ext 3 (direct)

    407-621-2199 (fax)

    Isabel Carta

     

    Isabel Carta

    Investment Banking

    Orlando Office

    407-621-2149 (direct)

    icarta@pcecompanies.com

    Connect
    407-621-2149 (direct)

    407-621-2199 (fax)

    Philipp Seubert

     

    Philipp Seubert

    Investment Banking

    New York Office

    201-444-6280 Ext 4 (direct)

    pseubert@pcecompanies.com

    Connect
    201-444-6280 Ext 4 (direct)

    407-621-2199 (fax)

    Pearl-Rachel 667 x 667

     

    Rachel Pearl

    Valuation

    Orlando Office

    407-621-2140 (direct)

    rpearl@pcecompanies.com

    Connect
    407-621-2140 (direct)

    407-621-2199 (fax)

    R Winston 667 x 667

     

    Richard Winston

    Valuation

    Atlanta Office

    404-994-4650 (direct)

    rwinston@pcecompanies.com

    Connect
    404-994-4650 (direct)

    407-621-2199 (fax)

    Thomas Harrington

     

    Thomas Harrington

    Investment Banking

    Orlando Office

    407-621-2145 (direct)

    tharrington@pcecompanies.com

    Connect
    407-621-2145 (direct)

    407-621-2199 (fax)

    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. Hopkins, Jared, et al. “How the Covid-19 Vaccine Will Be Delivered to Millions, From Factory to Front Line.” The Wall Street Journal, Dow Jones & Company, December 18 2020.
    2. Paris, Costas. “Shipping Faces New Turmoil in European Emissions Trading Plan.” The Wall Street Journal, Dow Jones & Company, December 29 2020.
    3. |, and author: Huilin Shi. “Who Profits from the Soaring Container Prices?” RailFreight.com | News about Rail Freight, December 24 2020.
    4. Paris, Costas. “ZIM Shipping Pins Growth Plan on Its Small Scale.” The Wall Street Journal, Dow Jones & Company, January 6 2021.
    5. Puko, Timothy. “EPA Sets Emissions Limits for Jet Aircraft.” The Wall Street Journal, Dow Jones & Company, December 28 2020.
    6. Pasztor, Andy. “Senate Panel Rebukes FAA in Wake of Boeing 737 MAX Tragedies.” The Wall Street Journal, Dow Jones & Company, December 20 2020.
    7. Isidore, Chris. “Boeing Agrees to Pay $2.5 Billion to Settle Charges It Defrauded FAA on 737 Max.” CNN, Cable News Network, January 8 2021.
    8. Volchko, Maralee. “Hub Group Expands Its Supply Chain Service Offering With the Acquisition of Last Mile Logistics Provider NonstopDelivery, LLC.” The Wall Street Journal, Dow Jones & Company, December 9 2020.
    9. “Americold Realty Trust Announces Acquisition and Development Activity Totaling $575 Million.” The Wall Street Journal, Dow Jones & Company, November 6 2020.
    10. Putzier, Konrad. “WSJ News Exclusive | E-Commerce Surge Spawns $2 Billion Warehouse Deal.” The Wall Street Journal, Dow Jones & Company, December 3 2020.

    Please Share This