Blackrock
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Modern Shipper
Grab to secure $4.5B in new funding from $39.5B SPAC merger
Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.
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Autonomous Vehicles
TuSimple seeks to raise up to $1.5B in IPO stock sale
The first autonomous trucking software company to go public, TuSimple seeks up to $1.5 billion in stock sales.
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News
News alert: Transfix said in talks to go public in reverse merger
Digital freight-matching brokerage Transfix is in discussions with a special purpose acquisition company that could lead to its listing as a public company, according to…
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Finance
PIPE fitting: Additional cash raises valuations of SPAC targets
Cowen Inc. helps bolster the balance sheets of startup electric vehicle companies by recruiting private investment in public equity to help young companies earn higher…
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Trucking
The Daily Dash: The price for vaccine distribution
In today’s edition of The Daily Dash, tightness in the reefer market could drive up the price of COVID vaccine distribution. Plus, a charity group…
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News
Analysis: What Greenbriar and BlackRock’s digital freight brokerage deals mean
LoadSmart and Uber Freight attract venture-style capital from traditional investors.
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Trucking
The Daily Dash: Spot rates may be on the climb again
In today’s edition of The Daily Dash, spot rates could be heading higher yet again. Plus, truckload carriers wonder if we are in peak season…
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Economics
Four views of global growth: BlackRock, McKinsey, Deutsche Bank and BoAML
In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.
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News
Postmates files for IPO
Postmates Inc., an on-demand food delivery service, confidentially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).
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