Merger
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Last-mile delivery
Deal of the day: Why DoorDash buying Instacart would create a powerhouse
If DoorDash acquired Instacart, it would create a formidable company, says one analyst.
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Rail
Regulators say older merger rules apply to Kansas City Southern
The Surface Transportation Board has determined that a waiver that exempted Kansas City Southern from post-2001 merger rules governing rail mergers applies in the proposed…
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News
TRATON and Navistar reach definitive $3.7 billion merger deal
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks…
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Logistics
Trinity manages growth by focusing on relationships (with video)
A comfortable merger still requires managing change and making parts fit as technology races ahead, says Trinity Logistics President Sarah Ruffcorn
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Finance
Hyliion takes reverse merger path to public trading
Diesel-electric hybrid truck components maker Hyliion expects to be publicly traded around the end of the third quarter in a reverse merger like one that…
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Trucking
Major digital freight forwarders Everoad and sennder merge
Berlin- and Paris-based startups are merging to become one of the largest digital trucking freight forwarding platforms in Europe.
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Startups
Fuel cell startup Nikola nears public trading debut (Update)
Battery electric and fuel cell startup Nikola Corp., which surprised the trucking industry by having a “blank check company” back its bid to go public,…
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Finance
Pre-merger surge drives Nikola value to $12 billion
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to…
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Europe
Takeaway.com and Just Eat merge to become a global superpower in on-demand food delivery
Just Eat and Takeaway.com merge to create a £9 billion company that will be headquartered in Amsterdam and traded on the London Stock Exchange.
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News
Competition watchdog worries over USD$248 million sale of liquids terminals
Australia’s competition watchdog, the Australian Competition and Consumer Commission (ACCC), has expressed competition fears over the acquisition of the wharf-side GrainCorp Liquid Terminals by independent…
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