Mergers and Acquisitions in Logistics: Culture Alignment Matters
For several years now, there has been a steady stream of mergers and acquisitions in the transportation and logistics industry — from big, high-profile, mega deals to very small transactions to everything in between. What has been driving all of this M&A activity?
“If you start at the consumer and work your way backwards through the supply chain, what you find is that the demands in the marketplace have significantly changed,” said Frank McGuigan, President and Chief Operating Officer at Transplace, in a recent episode of Talking Logistics. “You have more demanding consumers who are placing greater demands on shippers who are placing greater demands on suppliers, and so on, all the way up the supply chain.”
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