spac
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Last-mile delivery
Funding in hand, ELMS readies for electric vehicle launch later this year
Electric Last Mile Systems went public through a SPAC merger on Monday, with its stock initially jumping about 10% before sliding as the morning trading…
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Last-mile delivery
ELMS to show prototype Class 3 electric van at FedEx event
Electric vehicle manufacturer ELMS will debut a prototype of its Class 3 cargo van at the FedEx contractors event at the end of July.
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Modern Shipper
Grab closing in on $35B SPAC deal, largest-ever
Singapore-based ride-hailing company Grab is expected to go public via a SPAC with a fund from Altimeter Growth, according to a report.
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Modern Shipper
DHL Express ups order for Lightning eMotors’ electric Transit vans
DHL Express was pleased with a trial of nine Lightning eMotors electric Ford Transit vans and is now ordering an additional 89 units to deploy…
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Trucking
The Daily Dash: LTLs on the rise; strong freight fundamentals remain in place for 2021
In today’s edition of The Daily Dash, conditions remain favorable for LTLs and the overall freight environment. Plus, a new SPAC targets transportation companies in…
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News
SPAC shareholders approve Lordstown Motors reverse merger
Startup gets $780 million from Diamond Peak Holdings Corp. to build commercial fleet-focused electric pickup truck.
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Trucking
The Daily Dash: A wild Q4 and even better times ahead?
In today’s edition of The Daily Dash, Knight-Swift sees a strong 2021 ahead; experts are predicting a wild Q4; and Kenan Advantage Group could be…
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Trucking
The Daily Dash: A new SPAC is on the hunt; more charges in staged truck accidents investigation
In today’s edition of The Daily Dash, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong…
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News
VCs: Nikola scandal won’t stem cash flow to clean-tech startups
VCs talk SPACs and clean tech investment in wake of Nikola scandal.
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News
Assembly Ventures seeks to turbocharge young mobility companies
Chris Thomas, a veteran venture capitalist from the mobility sector, teams with Detroit and European-experienced experts to invest in startups in physical and digital movement…
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