More logistics M&A coming?

OPEC’s oil production cuts could prompt a surge in mergers and acquisitions in the logistics sector, Supply Chain Digital quotes former Gartner analyst Frank Kenney as saying. A hike in crude prices on the back of production cuts “will impact the supply chain from the top down,” Kenney says. Even if manufacturers and shippers can absorb some of the increased cost resulting from higher fuel prices, the remaining costs could eventually trickle down to smaller freight brokerage companies, and it's there where we might see a spike in M&A.