Logistics provider LeeWay Services Inc. filed for an initial public offering of up to $17 million with the Securities and Exchange Commission Monday.
Freightos, a backed by FedEx, is raising capital through a special purpose acquisition company and IPO.
Electric work truck startup Atlis Motor Vehicles has crowdfunded $32.6 million from nearly 29,000 investors as it readies a public offering.
Grocery delivery firm Instacart is hoping to cash in on its value with a public stock offering.
Less than a year after acquiring Blue Yonder, Panasonic announced plans for a supply chain business IPO focused on the SaaS business.
As Cummins focuses on electrification and growing its traditional engine business, the company is preparing an IPO for its filtration business.
GoPuff, the 30-minute food and grocery delivery business that bills itself as an “instant needs” company, plans to cut 3% of its workforce.
The supply chain “can have a huge impact on improving the state of the world,” says
project44 COO Vivek Kundra.
The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.
The Internet of Things fleet management and software company sold 35 million shares and raised $805 million in its IPO Wednesday.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
The IPO is expected to take place after the U.S. Securities and Exchange Commission completes its review.
Electric vehicle maker Rivian has filed for an IPO that could value the company as much as $80 billion.
On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.
At the end of Q1, JD Logistics was operating over 1,000 warehouses globally that cover 226 million square feet of space, managed by the JD Logistics Open Warehouse Platform.
According to a company blog, ForU Worldwide is able to increase operational efficiency of vehicles by 24% and reduce shipping cost by 15%.
JD.com’s logistics spinoff is rumored to list in Hong Kong by the end of the month.
TuSimple will focus on perfecting its core autonomous trucking technology on the middle mile while it relies on partners for other aspects of the technology and services required.
TuSimple, the first autonomous vehicle software developer to go public, raised $1.1B at $40 per share, above the high-end of its estimated price..
The first autonomous trucking software company to go public, TuSimple seeks up to $1.5 billion in stock sales.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
U.K. delivery company Deliveroo has set its IPO price range, giving the Amazon-backed company a nearly $12 billion valuation.
Instacart may wait until after the majority of Americans are vaccinated to go public so investors can better gauge the company’s growth potential, according to a report.
Instacart may forgo the traditional path to public status and sell its shares directly to the public, according to a Reuters report.
Amazon-backed Deliveroo announces plans to go public less than a year after British regulators questioned the viability of the business.
Certain types of business models are more attractive to venture capitalists.
Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.
Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.
Climate change, electric vehicles, alternative power, terrorism, and regional political conflict are significant risks to Saudi Aramco’s business, according to the company’s initial public offering prospectus.
Carrier also offers integrated parcel service
SpiceJet cargo unit aims for listing
Stock market analysts are not excited by the initial public offering (IPO) of the container- and forestry-products focused Port of Napier on New Zealand’s east coast.
Volkswagen’s spinoff of its heavy-truck unit TRATON paves the way for it to pursue Navistar further.
TRATON’s shares open at 27 euros, the low-end of the deal range, and immediately fell below that price.
It was a poorly-received IPO for CSSC Shipping. Institutional and retail take up was weak and its share price plummeted from the offer price.
Volkswagen AG announced that it is offering up to 15 percent of TRATON for a range of 1.553 billion euros and 1.898 billion euros.
A major developer of, and financial investor in, Asia Pacific logistics parks has launched a potential US$1.24 billion initial public offer on the Hong Kong stock exchange.
Despite weakness across global markets in May, as well as increased global trade hostilities, the German auto/truck manufacturer plans to move forward with the IPO.
Navistar was up 3 percent on Monday, May 13, 2019 and is up more than 8 percent in Tuesday’s trading.
If lab-grown meat substitutes for farm-grown meat and is commercially successful, it will lead to a drastic reduction in freight ton-miles.
Uber is planning to sell 14 percent stake on its autonomous driving division for $1 billion to investment firm Softbank, automaker Toyota, and auto parts manufacturer Denso.
The pending IPO comes as many experts are questioning the profitability of the ride-share model.
Exceeding expectations, the ride-hailing start-up Lyft raised $2.3 billion on March 28, after pricing its shares at $72, the top of its pricing range.
Uber has confirmed speculations of its acquisition of Middle East on-demand cab hailing company Careem, with the company now becoming a wholly owned subsidiary of Uber. The transaction is expected to be completed by Q1 2020.
Uber spends over $1 billion every year on Waymo; Lyft is nearing its IPO; Fiat recalling 863,000 cars due to emissions issues.
Uber announced its fourth quarter earnings yesterday, with the results showing its market dominance in the cab-hailing segment and its extensive investment across different niche verticals it has expanded into recently.
Postmates Inc., an on-demand food delivery service, confidentially filed with the Securities and Exchange Commission (SEC) for an initial public offering (IPO).
Cyberattacks increase with technology inclusion in supply chains; Tesla doubles loss this Q2; China is pumping billions into OBOR strategy; Aramco drops IPO as fuel prices rise.
U.S. Xpress overhauled its management and its capitalization to get to the public markets.
U.S. Xpress is profitable on an operating basis, but a heavy debt burden will be reduced in the recapitalization of the company.
Volkswagen is talking openly about increasing its 16.9% share of Navistar and taking over the brand as a prelude to an IPO or debt sale for its Truck & Bus division in Q1 2019. VW ousted its CEO Müller last week and continues to roll out its new messaging.
Apollo Global Management is reportedly planning to take its subsidiary CEVA Logistics public by April.
