2026年一季度私募股权和风险投资趋势及投资策略（英）2026

INDUSTRY RESEARCH Logistics Report PE and VC trends and investment strategies Contents PE and VC activity3 Institutional Research Group Jonathan GeurkinkSenior Research Analyst, Mobility Techand Supply Chain Tech Logistics PE ecosystem market map Logistics PE investor map15 Harrison WaldockSeniorData Analyst Logistics VC ecosystem market map Q1 2026 PE timeline pbinstitutionalresearch@pitchbook.com Published on May 15, 2026 Logistics PE deal summary Logistics VC deal summary PE segment data PE and VC activity PE activity Logistics PE deal activity held firm in Q1 2026 after a sharp rebound in the prior quarter. Q1 saw$9.4 billion in value across 41 deals and an estimated deal value of $10.7 billion across 58 deals.The relative stability in the quarter is somewhat surprising, as dealmakers were whipsawed with theUS Supreme Court ruling on President Trump’s tariff regime and subsequent threats of new tariffs, Across PE segments, trucking saw a surge in deal value to $5.6 billion across nine deals compared to$1 billion over 18 deals in Q4 2025. The $5.6 billion represents a high-water mark going back to 2016,as deal activity continues to absorb excess capacity, and is detailed further in our recent PitchBook Similar to overall deal activity, PE exits in Q1 remained stable at $8.1 billion across 26 deals comparedto $7.8 billion over 30 deals in Q4 2025. The trucking segment saw the greatest number of exits at 11 Logistics PE ecosystem market map This market map is an overview of PE-backed companies ranked by total capital raised.Click to view the full map on the PitchBook Platform.This market map is an overview of PE-backed companies that have received private capital or other notable private investments. The full market map can be viewed on thePitchBook Platform. Logistics PE investor market map This investor map is a representative overview of active investors in global buyouts and growth equity. Investors are classified by the size of the fund out of which they primarily invest in logistics.The full investor map can be viewed on thePitchBook Platform. PE SEGMENT DATA Marine Air Global air freight entered Q1 2026 with solid demand up 7% YoY in February, with Asia leading at 14%growth. The Iran war’s outbreak in late February abruptly transformed the market. Global air cargocapacity plunged 22% on March 1 due to Gulf airspace closures, with Asia and Middle East capacityalone down 50%. The market shifted to a seller’s market by the end of Q1, with seven- to 10-day The global marine freight segment experienced its most severe disruption since the COVID-19pandemic in Q1 2026, driven by the effective closure of the Strait of Hormuz from the end of Februaryonward. Before the war, roughly 3,000 vessels transited the strait monthly; by March that number hadcollapsed to just 154, with overall Hormuz traffic running at approximately 5% of its pre-war average, Rail Trucking Rail freight entered Q1 2026 as one of the more insulated transport modes from the Iran war’s directdisruption and benefited indirectly as shippers sought alternatives to snarled ocean and air routes. TheHormuz closure forced global logistics operators to activate overland corridors as alternative routingoptions, adding incremental demand for rail on transcontinental lanes, particularly the China-Europe The North American trucking market entered Q1 2026 in a supply driven tightening cycle, with thekey dynamic being capacity exiting the market faster than freight volumes were growing. Truckloadspot rates surged as of mid-February driven not by a demand surge but by the most prolonged carrierattrition cycle in the modern trucking era. See our recent PitchBook analyst noteConsolidation in Nizar TarhuniExecutive Vice President of Research and Market Intelligence PitchBook providesactionable insights across Paul CondraSenior Director,Global Head of Private Markets Research James UlanDirector of Emerging Technology Research Additional research: Q1 2026 Analyst Note: AI’sImpact on Supply Chains Report created by: Jonathan GeurkinkSenior Research Analyst, Mobility Tech and Supply Chain Tech Download the reporthere Harrison WaldockSenior Data Analyst PitchBook Insightsis an online compendium of in-depth data, news, analysis, and perspectives that Adriana HansenGraphic Designer PitchBook subscribers enjoy exclusive access to a comprehensive suite of private market insights,including proprietary research, news, data, tools, and more on thePitchBook Platform. Learn more aboutPitchBook’s Institutional Research team. COPYRIGHT © 2026 by PitchBook Data, Inc. All rights reserved. No part of this publication may be reproduced in any form or by anymeans—graphic, electronic, or mechanical, including photocopying, recording, taping, and information storage and retrieval systems—without the express written permission of PitchBook Data, Inc. Contents are based on information from sources believed to be reliable, butaccuracy