This edition of Transport Perspectives focuses on two important issues which transport operators should plan for. Tax avoidance has had growth media and public scrutiny in recent months, Michael Everett looks at moves to restrict certain tax avoidance schemes and how this might impact the transport sector. We also look at demographic changes and outlines how it will transform urban transport.
After the severe shipping crisis which began with the banking crisis in 2008, many shipping companies experienced a normal trading year once more in 2010; some even had a very good year. However, due to the sustained high levels of new ship construction in the market and drastic price wars between significant market players, the situation in 2011 deteriorated once more; at the very least, forecasts for the next few years are cautious.
Transport and Logistics (‘T&L’) M&A activity hit a four-quarter high in the first three months of 2012, with the underlying drivers of transactions aligning to fuel US $27.9 billion of completed and announced transactions. This report examines the trends in the transport and logistics M&A market during 2011, and the acceleration in transactions announced in Q1 2012. It makes predictions on the outlook for M&A in the sector.