Large carriers give insights on managing acquisitions, insurance and rising issues
Driven by a combination of strategic expansions, market consolidation, operational, financial and regulatory factors, mergers and acquisitions in the trucking industry foster growth and value. But according to the Harvard Business Review, between 70-90% of acquisitions either fail or underdeliver.
“If you’re going to do an acquisition, you better make sure you know what you’re going after,” Murray Mullen, chair, senior executive office and president of Mullen Group, said during a panel on Monday morning at the Truckload Carriers Association annual convention in Nashville.
