Transportation and Logistics M&A 2025 Recap, 2026 Outlook

CLA’s investment bankers have deep experience advising companies in the transportation and logistics industry on mergers and acquisitions, as well as serving companies in a wide range of industries.

Get our new report to explore transportation and logistics M&A trends for 2025 and discover where the industry might be headed in 2026.

Highlights include:

• The transportation and logistics M&A environment softened in 2025 due to a challenging combination of macroeconomic uncertainty, evolving tariff regimes, and geopolitical disruptions. 
• Strategic buyers were focused on opportunistic, tuck-in acquisitions of targets with limited spot-rate exposure that expanded platforms, built network density, increased nearshoring exposure, or provided specialized logistics capabilities. 
• Financial buyers remain interested in the sector, but spent most of the year selectively prioritizing fewer, higher-conviction transactions and investment theses have centered on opportunities for operational improvement, buy-and-build potential, and assets that have downside protection. 
• Stabilizing macroeconomic conditions and improving financing markets began to generate transportation and logistics M&A momentum in the back half of 2025 and the industry is positioned to carry that momentum seen into 2026. 
• As capital becomes cheaper, competition for logistics and infrastructure assets may intensify, which may provide the necessary backdrop for healthy levels of M&A activity.