Global transportation & logistics M&A's by sector 2016-2022

The statistic illustrates the number of transportation and logistics industry mergers and acquisitions in the world from the first half of 2016 to the second half of 2022, broken down by sector. In the last six months of 2022, out of a total of 117 mergers and acquisitions, 44 deals were made within the logistics and trucking sector.

Global interconnectedness and air transportation

Since the 2000s, global air freight traffic increased to a certain extent exponentially, reaching over 66 million metric tons freight in 2021. Similarly, the size of the cargo airline industry worldwide developed progressively over the recent five years, generating almost 123 billion U.S. dollars in 2021. As the air transportation industry is growing, so does the market-making process. To keep up with transforming market dynamics, logistics firms evolve strategically. To expand purposefully, companies either merge together or acquire a different company to enter into different markets. Globally the merger and acquisition deals volume of transportation and logistics firms reached a peak at 214.1 billion U.S. dollars in 2021. When it comes to the leading firms, Federal Express (FedEx), Emirates, and Qatar Airways were the leading airlines by freight tonne-kilometers.

FedEx

Headquartered in Memphis, Tennessee, FedEx Corporation is a multinational American delivery services provider. Since its foundation in 1971, the company experienced a promising growth path. By means of strong industrial strategy and market adaptation, FedEx became one of the largest logistics company globally. Over the recent decade, FedEx Corporation’s revenue more than doubled, reaching roughly 93.5 billion U.S. dollars in 2022. As the leading air cargo company worldwide, FedEx sustains a large aircraft fleet for its global operations and continues to expand or restructure its existing fleet. For instance, in 2020, Boeing delivered 16 aircraft to FedEx. The aircraft fleet size of FedEx remained somewhat steady at 675 aircraft in 2022.