SME forwarders in a 'very good mood' and getting into M&A mode
Rhenus Logistics has acquired Pesenti Trasporti & Logistica in the latest merger and acquisition deal in the forwarding market. This follows several other M&A deals this month. The consolidation among large forwarders is seen as an opportunity for SMEs, who are in a good position due to their performance during the pandemic. However, air carriers may not welcome this consolidation as they prefer a diverse customer base. SMEs are also considering selling due to their strong valuations.
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Frequently Asked Questions
SME Forwarders in a 'Very Good Mood' and Getting into M&A Mode
Q: What is the current mood of SME forwarders?
A: Based on the given search result from The Loadstar, there is no information provided regarding SME forwarders being in a "very good mood".
Q: Are SME forwarders getting into M&A mode?
A: Based on the given search result from The Loadstar, there is no information provided regarding SME forwarders getting into M&A mode.
Note: The search result is about the end of a Canadian port strike, not the mood or activities of SME forwarders.