Merger
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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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Finance
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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Business
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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Asia-Pacific
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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Asia-Pacific
DOWN UNDER TRUCKING: massive multi-vehicle truck crash leaves two dead
Elderly driver charged following fatal truck collision and car explosion left two dead; competition law woes in hostile takeover; heavy vehicle roadworks and access; smart…
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New Tech
Fiat Chrysler-Renault merger is a sign of things to come in the auto industry
Fiat Chrysler's merger bid with Renault is the type of consolidation that the auto industry needs at the moment to expedite innovation and the development…
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Business
Fiat Chrysler proposes merger with Renault to form third-largest auto manufacturer
Fiat Chrysler submitted a proposal for a merger with French automaker Renault to create a preeminent global automotive group.
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Logistics
Burris Logistics and Trinity Logistics merge
Burris Logistics, a $3.5 billion revenue 3PL, and Trinity Logistics, a $550 million revenue brokerage, are tying the knot.
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