What Happened
Trucking Hits 10-Year High As Strait Of Hormuz Closure Reshapes Freight
Despite the effective closure of the Strait of Hormuz causing the biggest supply chain upheaval since the COVID-19 pandemic, logistics investment has remained relatively robust. According to PitchBook’s Q1 2026 Logistics Report, global PE deal value reached $9.4 billion across 41 transactions in the first three months of the year. Trucking drove the headline number, with $5.6 billion across an estimated nine deals, a high-water mark since 2016. This was reported by PitchBook.