The global logistics mergers and acquisitions (M&A) market is showing signs of increased activity, with major players seeking to expand their scale, incorporate new capabilities, and extend their geographic reach. This is the conclusion of the July 2026 Global Logistics M&A Recap report, prepared by Logisyn Advisors in partnership with Transport Intelligence (TI). The report specifies that Europe and North America each accounted for 42% of the acquisitions recorded during the month, while South America represented a smaller proportion, with two transactions.

However, several transactions directly involve Latin America or global companies with a significant presence in the region.

ICTSI expands its logistics integration in Brazil

One of the operations linked to Latin America corresponds to International Container Terminal Services Inc. (ICTSI), which acquired a logistics operation in Brazil aimed at strengthening its offering through rail and multimodal solutions, seeking to improve efficiency and reduce bottlenecks.

The operation is part of the port operators' strategy to extend their activities beyond the terminals and strengthen connectivity with the hinterland.

ICTSI maintains a presence in Brazil, Mexico, Ecuador, Colombia, Argentina and Honduras, with a focus on developing regional logistics connectivity.

In Brazil, Rio Brasil Terminal, in the Port of Rio de Janeiro, recently added two new dock cranes capable of handling ships up to 20.000 TEUs, while Tecon Suape has continued to incorporate technology.

Descartes acquires the Chilean Drivin

Another operation with a direct impact on the region was the acquisition by Descartes Systems Group of Drivin, a Chilean company specializing in technology for transport management and last mile, with solutions for route optimization, dispatch, delivery execution and real-time operational visibility.

The report identifies Latin America as a growth market for Descartes and notes that Drivin will allow it to expand its fleet performance management capabilities.

Descartes indicated that the operation seeks to expand its last-mile logistics capabilities based on artificial intelligence (AI) and strengthen its global logistics network through a platform with a presence in the region.

The transaction also reflects the growing strategic value of logistics technology in consolidation processes, particularly in route optimization, fleet management, visibility, automation and last mile.

CMA CGM becomes an integrated logistics group

Among the largest transactions listed in the report is CMA CGM's acquisition of FedEx Supply Chain for US$1.400 billion. This deal will allow CEVA Logistics to triple its contract logistics operations in North America, reaching approximately 150 distribution centers and strengthening the group's diversification into logistics revenue streams less exposed to ocean freight fluctuations.

Although the operation is concentrated in North America, its relevance to Latin America is linked to the global scope of CMA CGM and CEVA's strategy. In fact, CEVA has an extensive land network in Brazil, Argentina, Chile, Colombia, Peru, and Central America, with domestic and international transport services and multimodal connections.

Added to this is CMA CGM's expansion in port infrastructure, including its progress during 2025 in the acquisition of Santos Brasil, operator of port and logistics assets in Brazil, including Tecon Santos.

The strategy allows combining maritime transport, port terminals, warehousing, contract logistics and land transport within the same platform.

From scaling up to acquiring capabilities

The Logisyn and Ti report identifies a shift in priorities within the sector's consolidation processes. Buyers are paying greater attention to technology, market penetration, integration, management, and complementary services, rather than simply reducing costs.

This trend is also seen in logistics linked to e-commerce, where acquisitions allow for the rapid incorporation of capabilities such as last-mile networks, technological platforms, customs services, fulfillment, and returns management.

In July, software accounted for 18% of acquisitions, while freight forwarding, last mile delivery, and transportation each accounted for 15%. Together, these last three segments represented 45% of transactions.

Latin America still with low participation

Although the region maintains a small share of the global M&A volume, transactions such as those of ICTSI, Descartes and CMA CGM show that Latin America is part of the expansion strategies of major international groups.

More than the number of transactions, the capabilities sought stand out: rail and multimodal connectivity, port infrastructure, last mile technology, fleet management, warehousing, contract logistics and integrated supply chain solutions.

For the region, this trend could favor the formation of operators capable of managing a larger proportion of the logistics chain, from the port and international transport to storage, distribution and final delivery.