Q2 2025 – Quarterly Market Recap
- M&A activity in the U.S. Transportation and Logistics sector has softened, with 148 closed transactions in the trailing twelve months ending Q2 2025, compared to 167 in 2024 and 170 in 2023. Global volume followed a similar trend, with 454 deals closed, down from 519 in 2024. Despite the slowdown, strategic buyers remain highly active and continue to drive most of the deal flow, signaling steady demand for quality assets.
- Geopolitical disruptions moderated and reciprocal trade agreements were finalized, providing greater clarity for investors. Notably, shipping activity reflected this renewed confidence: U.S. maritime imports in Q2 2025 increased 12.5% year-over-year in shipment counts and 4% in TEU volumes, with key segments such as containers and transport equipment surging 23%.(2) These trends are expected to catalyze M&A activity in the back half of 2025
Read Transportation & Logistics M&A Pulse Q2 2025 Full Report
Transportation & Logistics M&A Pulse – Q4 2025
U.S. M&A activity in the Transportation and Logistics (“T&L”) sector declined sharply in 2025, totaling 121 transactions, down 28% from 168 transactions in 2024. Strategic buyers largely paused acquisition activity amid an exceptionally fluid policy environment, including heightened trade uncertainty.
Transportation & Logistics M&A Pulse – Q3 2025
M&A activity in the U.S. Transportation and Logistics sector has softened, with 131 closed transactions in the trailing twelve months ending Q3 2025, compared to 168 in 2024 and 170 in 2023.
Transportation & Logistics M&A Pulse – Q1 2025
In Q1 2025, U.S. Transportation and Logistics (“T&L”) M&A activity decreased 33.3% compared to the same period in 2024, finishing at 34 closed transactions
Transportation & Logistics M&A Pulse – Q4 2024
In 2024, U.S. Transportation and Logistics (“T&L”) M&A activity was relatively flat compared to 2023, compressing 2.9 percent representing 165 closed transactions in 2024.
Transportation & Logistics M&A Pulse – Q3 2024
In Q3 2024, US Transportation and Logistics (“T&L”) M&A activity surpassed Q3 2023 levels, with 50 transactions closed.