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Drilling Deep: Buying and selling logistics companies in a pandemic and a great freight market

John Kingston
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Image: Jim Allen/FreightWaves

With a freight market this good, why would anybody want to sell a logistics business?

But there are people who do and people or companies that want to buy. On this week’s Drilling Deep, Peter Stefanovich of Left Lane Associates talks to host John Kingston about how strong the market for properties is these days and whether the pandemic has made any changes in what’s getting moved.

Also on this week’s show, diesel prices had a weak September and host Kingston will talk about why.

More articles by John Kingston

Drilling Deep: A greater private sector role on the nation’s highways

Drilling Deep: New drivers aren’t coming out of CDL schools and that’s a problem

Drilling Deep: Loan forgiveness is the next big step as PPP moves toward its completion

John Kingston

John has an almost 50-year career as a journalist, most of them covering commodities and markets. The largest part of his career was spent at Platts, now part of S&P Global Energy. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment. He was awarded the 2020 Abdullah Bin Hamad Al-Attiyah International Energy Award for Lifetime Achievement for the Advancement of International Energy Journalism.