Blackrock

Chicago-based on-demand freight marketplace closes on $200 million series D round.

Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.

The first autonomous trucking software company to go public, TuSimple seeks up to $1.5 billion in stock sales.

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 Bloomberg.

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 valuations.

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 is helping truckers in need this year, and investment firms are buying into digital freight brokerage.

LoadSmart and Uber Freight attract venture-style capital from traditional investors.

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 or a new normal; and a Texas group tackles tort reform.

In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.

Postmates Inc., an on-demand food delivery service, confidentially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).