TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 www.harriswilliams.com Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is a private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business. 0 TRANSPORTATION & LOGISTICS INDUSTRY UPDATE │ APRIL 2017 WHAT WE’RE READING CONTENTS LOGISTICS | BIG RETURNS IN HASSLE-FREE RETURNS . M&A TRANSACTIONS Processing of returns and excess inventory, known in the retail trade as reverse . PUBLIC MARKETS OVERVIEW logistics, is attracting interest from venture capital and strategic investors looking . STOCK PRICE PERFORMANCE for new software and services. With retail sales in the US totaling almost $4.7 trillion . OUR GROUP in 2015 and a median retail return rate of 8%, more than $375 billion of merchandise is returned on an annual basis. While that figure represents the median of returns on all retail sales, not just online, it is estimated that upwards of 30% of goods purchased online are returned annually, according to Jeff Burkett, CONTACTS director in the Transportation & Logistics Group at investment bank Harris Williams. Mergermarket UNITED STATES TRUCKING | US TRUCKLOAD SPOT RATE RAMP-UP Frank Mountcastle Managing Director After falling earlier in the year and experiencing a modest uptick in March, US spot
[email protected] truckload rates have started to increase at a faster clip — a hint of things to come +1 (804) 915-0124 for the contract market, according to industry analysts.