Signs of Life: Deal Activity in the Transportation and Logistics Sector Continues to Increase

New York — February 22, 2010 — Deal volume and deal value in the transportation and logistics (T&L) sector continued on an upward trajectory in the fourth quarter of 2009 compared to the first three quarters of the year, suggesting that the industry — and the overall economy — are continuing to improve financially, according to a new report from consulting firm PricewaterhouseCoopers.

In its report, "Intersections: Fourth-quarter 2009 Global Transportation and Logistics Industry Mergers and Acquisitions Analysis," PwC notes that 33 deals with a total value of $48.5 billion were announced during the fourth quarter in the T&L sector, compared with 26 deals announced with a value of $8.1 billion in the third quarter of 2009.