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PwC, June 2023

Over the last 12 months, the transportation and logistics (T&L) sector has seen 40% of the value and 70% of the volume of deals in FY22. Although dealmaking in T&L has softened in 2023 due to declining freight rates and economic uncertainty, the sector continues to be influenced by factors like supply chain restructuring, the desire for disruptive technology, and cash-flush acquirers looking to expand into adjacent areas.

As the year progresses, the softness in the freight market may bring sellers back to the deal-making table, regulating their expectations.

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