Transportation & Logistics Industry Update

Harris Williams Deal Spotlight

screen_shot_2019-06-20_at_3.29.15_pm.pngGlobalTranz Enterprises, Inc.

Harris Williams advises GlobalTranz Enterprises, Inc. (GlobalTranz), a portfolio company of The Jordan Company, L.P., on its sale to funds advised by Providence Equity Partners L.L.C. and its affiliates. GlobalTranz is a leading technology and third-party logistics (3PL) solutions company providing award-winning Transportation Management System (TMS) products to shippers, logistics service providers and carriers.

Press Release


Key Takeaways from Recent Events

Our professionals recently attended two industry conferences. Get the key takeaways from The Car Wash Show 2019 and FreightWaves Transparency 2019.

What We’re Reading

Logistics | Logistics Expertise: The Ultimate “Killer App”

"As the logistics industry continues to plow millions of dollars into digital freight matching (DFM) technology that pairs shippers and carriers, there is a clear difference of approach between third-party logistics providers (3PLs) that seek to minimize the “human element” and those that embrace the combination of automation technology and teams of skilled logistics professionals."

Trucking | Drayage Takes Breather from 2018 Surge, but Risks of Another Crunch Remain

"The tariff-driven, U.S. import binge in the latter half of 2018 put pressure on all parts of the supply chain, with drayage fleets feeling the biggest shoreside strains. Capacity is slack now thanks to the seasonal lull, but drayage faces more risks for another crunch, according to executives at the nation’s largest intermodal carriers."

Rail | Savannah Announces Huge Rail Network

"The Port of Savannah, home to the largest single container terminal facility in the western hemisphere, and the St Louis Regional Freightway have signed a deal to build a $220 million rail facility to improve the regional and wider US supply chain."

Marine | Big Ocean Cargo Carriers Join Blockchain Initiative

"The addition of France’s CMA CGM SA and Switzerland-based Mediterranean Shipping Co. to the blockchain effort called TradeLens means the three carriers that control nearly half of all seaborne containerized cargo capacity will make the movement of freight in international supply chains more transparent and potentially generate substantial annual savings."

Air | Air Cargo Remains Optimistic

"Cargo carriers are pragmatic about the current market situation despite negative headlines on the back of volume declines. President of American Airlines Cargo, Rick Elieson, recognizes the challenges with comping over strong prior year performance, stating, ”If it were not for 2018 we would be having a great year.” Elieson and his peers see no reason to panic and remain confident in future air cargo demand."

Public Markets Overview1


Stock Price Performance1


M&A Transactions1,2,3


Our Group

Harris Williams is a leading advisor to the transportation and logistics M&A market. Our Transportation & Logistics Group serves companies in a broad range of attractive niches, including third-party logistics (3PL), truck, rail, marine and air transportation, transportation equipment, and the automotive and heavy duty vehicle market.

Recently Closed T&L Deals


Deep Experience Across T&L Sectors


Public Comparables1





1. S&P Capital IQ
2. MergerMarket
3. Pitchbook


The information and views contained in this report were prepared by Harris Williams LLC (“Harris Williams”). It is not a research report, as such term is defined by applicable law and regulations, and is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any securities or financial instruments or to participate in any particular trading strategy. The information contained herein is believed by Harris Williams to be reliable but Harris Williams makes no representation as to the accuracy or completeness of such information. Harris Williams and/or its affiliates may be market makers or specialists in, act as advisers or lenders to, have positions in and effect transactions in securities of companies mentioned herein and also may provide, may have provided, or may seek to provide investment banking services for those companies. In addition, Harris Williams and/or its affiliates or their respective officers, directors and employees may hold long or short positions in the securities, options thereon or other related financial products of companies discussed herein. Opinions, estimates and projections in this report constitute Harris Williams’ judgment and are subject to change without notice. The securities and financial instruments discussed in this report may not be suitable for all investors and investors must make their own investment decisions using their own independent advisors as they believe necessary and based upon their specific financial situations and investment objectives. Also, past performance is not necessarily indicative of future results. No part of this material may be copied or duplicated in any form or by any means, or redistributed, without Harris Williams’ prior written consent.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (email address: Geschäftsführer/Directors: Jeffery H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.