The report under provides a very good overview of the second quarter M & A exercise within the transportation, logistics and provide chain sectors. In accordance with knowledge launched by the information tracker FactSet, the exercise of mergers and acquisitions for goal corporations based mostly in North America within the transport and logistics sector within the first quarter of 2019 included 49 transactions entered into.
One of many notable mid-market offers was introduced in March when a personal group led by Mason Wells Buyouts, the administration of RJW Logistics, Inc. and different buyers, acquired the group. RJW Logistics of the Williamson household for an undisclosed quantity. The acquisition reinforces Mason Wells Buyouts' long-term progress initiatives for its logistics platform. RJW Logistics Group is situated in Illinois and supplies trucking, logistics and warehousing companies.
The common retail value of diesel and common gasoline in the USA, one of many main working prices of fleets of vans, elevated by zero.5% and a pair of.9 %, respectively, in the course of the week ending April 15, 2019, in comparison with the identical week in 2018.
Whole shipments by US producers, an indicator of the quantity of products shipped by truck, elevated three.zero% in February 2019 in comparison with the identical interval in 2018.
The whole income of US freight trucking corporations rose 11.6% within the fourth quarter of 2018 in contrast with the earlier 12 months.
Posted by Peter Heydenrych.
Learn the total Q2 publication on transportation, logistics and the provision chain right here