The biggest transport and logistics mergers and acquisitions of 2025

This analysis is based on the 2025 Global Logistics M&A Recaps compiled by Logisyn Advisors in partnership with Transport Intelligence (Ti). The ranking reflects the largest announced logistics and transport mergers and acquisitions of 2025, based on publicly disclosed transaction values.

While deal volumes fluctuated during the year amid uncertainty over US tariff policy, large-scale transactions continued, driven by the need for greater supply chain density, scalable cold chain capacity for pharmaceuticals, and the integration of AI-driven logistics software.

The 10 largest global logistics M&A deals of 2025

1 Union Pacific acquires Norfolk Southern ($85bn)

In the largest transaction of the year, Union Pacific agreed to acquire Norfolk Southern in a deal valued at $85bn. The merger aims to create a more integrated rail network across the United States, strengthening rail’s competitiveness in long-haul freight and supporting domestic manufacturing supply chains.

2. MSC consortium acquires stakes in 43 global ports ($22.8bn)

Terminal Investment Limited, the port investment arm of MSC, together with BlackRock, acquired an 80% stake in 43 port assets from Hutchison for $22.8bn. The deal significantly expands MSC’s global terminal footprint and reinforces its vertical integration strategy across maritime transport and port infrastructure.

3. WiseTech Global acquires e2open ($2.1bn)

Australian software group WiseTech Global acquired e2open for $2.1bn. The transaction strengthens WiseTech’s ambition to position CargoWise as an end-to-end operating platform for global trade, integrating supply chain visibility, planning and execution tools.

4. Textainer and Seaco merge ($1.75bn)

Container lessor Textainer, owned by infrastructure investor Stonepeak, merged with Seaco in a transaction valued at $1.75bn. The combination creates one of the world’s largest container leasing fleets, increasing scale and resilience in a volatile container market.

5. MOL acquires LBC Tank Terminals ($1.7bn)

Japan’s Mitsui O.S.K. Lines (MOL) acquired LBC Tank Terminals for $1.7bn. The deal expands MOL’s presence in chemical logistics by integrating global tank storage capacity with its existing chemical transport operations.

6. UPS acquires Andlauer Healthcare Group ($1.6bn)

UPS strengthened its healthcare logistics division through the $1.6bn acquisition of Andlauer Healthcare Group. The Canadian company operates 32 temperature-controlled facilities across North America, serving pharmaceutical and biologics manufacturers.

7. Yusen Logistics acquires Movianto (€1.25bn)

Yusen Logistics acquired Movianto, the healthcare logistics arm of the Walden Group, in a deal valued at €1.25bn. The acquisition covers pharmaceutical logistics operations in 12 European countries, significantly expanding Yusen’s healthcare footprint in Europe.

8. Q Logistics Holding bids for Aramex ($1.2bn)

Abu Dhabi-based Q Logistics Holding, a subsidiary of state investment group ADQ, made a $1.2bn bid to acquire 100% of Aramex. The transaction is intended to support an operational turnaround at the Dubai-based express and freight services provider.

9. Kuehne+Nagel increases stake in Apex Logistics ($996m)

Kuehne+Nagel acquired an additional 24.9% stake in Apex Logistics for $996m, consolidating its ownership position. The move strengthens Kuehne+Nagel’s exposure to Asian trade lanes and contract logistics growth.

10. Japan Post Group acquires stake in Logisteed ($930m)

Japan Post Group acquired a 19.9% stake in Logisteed from private equity firm KKR for $930m. The investment supports closer integration between Japan Post’s domestic and international logistics operations.

Top five European logistics M&A deals of 2025

Europe remained a focal point for logistics M&A activity in 2025, as operators sought to scale across the EU, manage post-Brexit customs complexity and strengthen their positions in healthcare, infrastructure and mobility.

The ranking below is based on publicly disclosed transaction values. Where deal values were not disclosed, transactions are included based on their scale and strategic impact.

1. MSC consortium / 43 global ports ($22.8bn)
   Although global in scope, the transaction was led by Swiss-based MSC and involved a large number of port assets across Europe and neighbouring regions, making it the largest Europe-linked logistics deal of the year.
2. Yusen Logistics / Movianto (€1.25bn)
   The acquisition of the Walden Group’s healthcare logistics arm was the largest purely Europe-focused transaction of 2025, covering pharmaceutical logistics operations in 12 European countries.
3. CEVA Logistics / Borusan Tedarik ($440m)
   CEVA Logistics, part of the CMA CGM Group, expanded its footprint in Turkey through the acquisition of Borusan Tedarik, strengthening its warehousing and transport capabilities at a key gateway between Europe and Asia.
4. Jacky Perrenot / Vos Logistics (value not disclosed)
   French transport group Jacky Perrenot acquired Netherlands-based Vos Logistics, adding approximately €370m in annual revenue and operations in six countries, creating a broader pan-European transport platform.
5. Arrive / Be-Mobile (€170m)
   Mobility platform Arrive acquired Belgian traffic data specialist Be-Mobile, integrating AI-driven traffic intelligence and geolocation technologies into its wider mobility and delivery services.