M&A advisory firm Tenney Group is calling for a spike in transportation and logistics deal activity in the fourth quarter.
The volume of logistics private equity deals is relatively stable as private equity dealmakers gather in New York.
Though most logistics companies are operating with reduced revenue and earnings, deals in the sector have not ground to a halt. One recent deal was significant enough that the Tenney Group, one of the leading transaction advisers for logistics deals, saw fit to publicize it, calling it a “thoughtful” transaction between two companies dealing primarily […]
Private equity firms are looking hard at trucking brokerages, and the owners of those companies need to keep their risk profile in check. Photo: FreightWaves
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Cardinal Logistics has acquired heavy-goods final-mile provider NRX Logistics. The deal marks the third final-mile transaction for M&A advisory firm Tenney Group in the last year.
Fraley & Schilling has acquired the assets of KBT Enterprises, an Indiana-based carrier specializing in dry bulk material transportation.
Truckload carrier Titan Transfer adds another fleet to the portfolio with the acquisition of JTL Carriers.
FreightWaves’ JT Engstrom and Tenney Group’s Spencer Tenney sit down at the FreightWaves Carrier Summit to discuss reasons trucking deals are outpacing broader deal flow.
