Transport infrastructure is showing remarkable resilience despite pandemic-driven volatility and supply chain disruptions, with M&A activity reaching $46.61 billion in 2025. While road haulage faces ongoing challenges from labor constraints and environmental regulations, airports are experiencing a surge in investor interest driven by strong consumer demand for leisure and international travel. Latin America emerged as a standout region, capturing 29% of transport deal value.

Regional dynamics reveal a shifting landscape, with Western Europe doubling its transport deal value to 34% while North America and Asia-Pacific both declined. The Mexican highway operator Aleatica acquisition by IFM Investors for $8.2 billion exemplifies the region's momentum. Meanwhile, environmental regulations continue to reshape the sector, with the EU pushing for 45% CO2 reduction in heavy-duty vehicles by 2030 and California implementing zero-emission vehicle mandates.

Aviation is poised for growth, with IATA forecasting 4.9% global passenger traffic increase in 2026, though supply chain issues cost the sector an estimated $11 billion in 2025. The rail sector is experiencing significant modernization, with the EU allocating €2.8 billion for sustainable mobility projects and Saudi Arabia investing $21 billion in metro expansion. Despite sustainability ambitions slipping somewhat, the transport sector's fundamental resilience and continued investment suggest a robust outlook for 2026.