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    Transportation & Logistics Q4 2020

    Q4 2020 Transportation Logistics

    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

    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.

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