Transportation & Logistics Industry Update

Harris Williams Deal Spotlight

screen_shot_2020-01-02_at_1.35.07_pm.pngLazer Spot, Inc.

Harris Williams advises Lazer Spot, Inc., a portfolio company of funds advised by Greenbriar Equity Group, LP, on its sale to Harvest Partners. Lazer Spot is a leading independent provider of comprehensive yard management services and solutions.

Press Release

 

 

What We’re Reading

Logistics | FTR’s Shippers Conditions Index Remains in Positive Territory

For September, the most recent month for which data is available, all Shippers Conditions Index (“SCI”) measures were positive, with less favorable fuel pricing offsetting more favorable freight volume, capacity utilization, and logistics cost factors. Looking ahead to 2020, FTR expects the SCI to trend towards neutral, with freight demand softening and capacity utilization remaining firm.

Trucking | Outbound Tender Volumes Continue on Nice Run

Outbound tender volumes (OTVI.USA) rose 7.48% week-over-week in mid December. Nationally, outbound tender volumes rose 6.52% year-over-year. Month-over-month volumes are up 7.06%. It appears as though peak season has finally arrived thanks to strong purchasing trends.

Rail | 2020 Freight Rail Outlook: Inflection Point

As the first two decades of the 21st century come to a close, the freight railroad industry looks very different from the group of carriers that had just received a massive shot of adrenaline from the Staggers Rail Act of 1980. Today, it is a healthy, efficient, productive, environmentally friendly, technologically advanced, safe and highly profitable industry.

Marine | EPA Loosens Fuel Restrictions in US Ahead of IMO 2020

U.S. regulators made a change to federal rules that will allow refineries to sell and distribute to ship owners less expensive marine fuels that still meet the IMO 2020 clean fuel standard. It took effect January 1. Without the rule change — which was requested by U.S. fuel suppliers — a ship would be limited to purchasing higher-price emissions control area (“ECA”) fuel or delaying its fuel purchase to the next port of call to avoid that additional cost.

Air | Safe Skies: How Air Cargo Security Evolves to Protect Passengers and Boost the Economy

As part of its efforts to keep the skies safe for the flying public, the air cargo industry will not only have more qualified canine screening teams at its disposal, but also new technologies that will enhance the screening process at a reasonable price. 

Public Markets Overview1

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Stock Price Performance1

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M&A Transactions1,2,3

Recent M&A Transactions

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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

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Deep Experience Across T&L Sectors

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Public Comparables1

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1. S&P Capital IQ

2. MergerMarket

3. Pitchbook

 

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