Mergers and acquisitions as a strategy for logistics companies to meet the challenges and stay competitive

The slump in global economic activity since 2022 brings about serious contraction in the gross profit of logistic companies. Staying competitive proves crucial for the survival of many of them. Their performance is also crucial for the competitiveness of the supply chains they support. The challenge for the logistics companies to provide excelling services includes introduction of digital systems and sustainable practices. In order to answer the legal requirement for green practices and adopt information and automated technologies, logistics companies need to make additional investments which carries great financial pressure for them. Strategical decisions are required for these companies in order to secure their market positions and make the needed investments. The recent tendency for mergers and acquisitions in logistics sector is the strategy that many companies adopt in order to cope with the challenges they face. The experience of adopting this strategy for leading logistics companies will be analyzed on the basis of statistical data shared in official reports. Comparison, induction and deduction are the main methods applied in the work. The study proves that the strategy is a means to get access to more financial resources, specific now-how and developed distribution networks in specific markets. This leads to enriched and more thorough spectrum of services the companies can offer, carries potential for developing of key competencies, assures access to specific market niches which all contributes to becoming more competitive.