Last-mile delivery
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Modern Shipper
Rivian for the win: Electric-vehicle maker targets $8B IPO windfall
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.…
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Legal issues
Workhorse withdraws next-gen mail truck bid protest
Workhorse decides to pursue alternative opportunities after ending its bid fight with the Postal Service.
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Modern Shipper
Algorithms are great but people drive big-and-bulky delivery success
PICKUP CEO Brenda Stoner said that in last-mile big-and-bulky delivery, it’s a combination of people and technology that makes it work.
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Last-mile delivery
URB-E, Tortoise to partner with AxleHire on zero-emission delivery pilots
Last-mile delivery firm AxleHire has tapped URB-E and Tortoise for nationwide pilots of zero-emission delivery programs.
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Last-mile delivery
Last-mile provider AxleHire announces East Coast expansion
AxleHire is adding two new facilities in Newark and Philadelphia to bolster its East Coast presence.
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Modern Shipper
Kiwibots are coming to a city near you
Kiwibot is rolling out delivery robots in four new locations as it continues to expand its service area.
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Last-mile delivery
Ideanomics acquires EV maker Via Motors in deal worth as much as $630M
Ideanomics, which operates at the intersection of fintech and disruptive technologies, is acquiring electric vehicle maker VIA Motors in an all-stock transaction.
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Technology
Surging container rates, semiconductor shortage only blips on radar for Arrival, ELMS
Rising container rates and the semiconductor shortage could hurt electric vehicle startups Arrival and ELMS, but not enough to dampen the outlook, according to the…
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Last Mile
Postal Service reports $3 billion year-on-year loss
Postmaster General DeJoy underscored improved performance at the Postal Service despite a $3 billion quarterly loss.
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Business
Uber stock rebounds after earnings, analysts maintain bullish outlook
Following a strong quarter for Uber’s delivery segment, analysts say buy.
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