President ’ s Message
The last mile is hot ! You know it , and so do many others who have fueled a surge in mergers and acquisitions over the past 36 months . And although the pace of consolidation has cooled over the last 12 months , interest in last-mile companies remains high , propelled by private equity funds and other organizations . The state of the market and the economy has also driven many members to look for opportunities to merge or acquire other companies .
If the dynamic state of our industry interests you , you ’ ll want to jump into this issue of the Customized Logistics & Delivery magazine . We have experts with insight into the M & A environment for companies big and small . There ’ s practical advice on what ’ s involved in a merger or acquisition . And a look at the reasons one member is choosing not to jump on the consolidation train right now .
Here are some of the highlights :
• Consolidation in the Last-Mile – Where Are We Now ? Where Are We Going ? on page 12
• Selling a Business Under Stress on page 32
• The People-Side of Consolidation on page 22
• Consolidation and The Hidden Costs of Technology on page 36 .
And speaking of hot , you ’ ll want to grab the opportunity to grow your business by attending the 2023 Final Mile Focus : Targeting Your Next Vertical on Wednesday , Oct . 4 , from 11:00 to 1:30 ( EST ). Join carriers , shippers , and vendors for a high-value , high-engagement virtual meeting that will inspire you to investigate new verticals that will take your business to a new level . There are discounts for CLDA members and groups of three or more from the same company . Registration is open now . Click here to reserve your front-row seat .
Lastly , please contact me with any ideas about what the CLDA can do to help you make your businesses more robust and thriving . Please email me at president @ clda . org .
Let ’ s Do This ,
Jason Burns , Sr . President summer 2023 I customized logistics & delivery Magazine 5