Shifting global markets. Increasing customer expectations. Digitized operations and data-driven decisions. The future prosperity of the transportation and logistics sector depends on its capacity to evolve.
The global Transportation and Logistics (T&L) sector reported 61 deals in Q1 2018. While deal value increased by 114%, deal volume declined by 12%, over the same quarter of last year. Passenger Ground and Passenger Air accounted for the value increase, mainly driven by a single megadeal, the joint bid of Atlantia SpA and ACS/Hochtief AG for Spanish road transportation operator Abertis Infraestructuras SA (deal value $22.5 billion).
Shipping led the volume decline, experiencing a 50% year on year decline in the number of deals.
PwC's Consumer markets is a leading financial accounting, tax and advisory practice serving a broad spectrum of service, merchandising and manufacturing organizations. High-growth tech start-ups, food manufacturers, airlines, hotels, and retail outlets are among countless organizations that rely on our integrated knowledge and tailored solutions to succeed nationally or globally.
At PwC, we understand the challenges and we see the opportunities—addressing change at the convergence of powerful industries is where we thrive. PwC’s multi-disciplinary, global team of consulting, tax and assurance professionals can help you turn innovation into practice and practice into growth.
Consumer Markets Tax Leader, PwC US
Tel: +1 (646) 471 0902