Houlihan Lokey – Transportation and Logistics Market Update, 3Q 2024

The Houlihan Lokey Transportation and Logistics Market Update for 3Q 2024 provides an analysis of current trends and events in the transportation and logistics sector. This report highlights that after a downturn in previous quarters, the freight market has begun to recover, with increases in volume and demand. Notably, DSV announced the acquisition of Schenker from Deutsche Bahn for €14.3 billion, marking DSV's largest deal to date. Additionally, private equity firms are showing interest in new platforms, such as GHK's acquisition of Horizon Air Freight in August. The report emphasizes that while there are signs of recovery, many companies are awaiting more stable market conditions before expanding further.