Five Reasons Last Mile Logistics M&As Will Continue in 2022
Last year saw a flurry of merger and acquisition activity in the logistics industry. In the last mile carrier sector, UPS acquired point-to-point carrier Roadie in September. A month later, regional last-mile carrier Lasership acquired another regional carrier, OnTrac, for a reported $1.3 billion.
There is a lot of speculation about whether these are one-offs or more of a trend that will carry over into 2022 and beyond. We lean toward the latter and think there are at least five good reasons why you will see M&A activity continue in the last mile carrier space in 2022.