• ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
  • ITVI.USA
    15,496.720
    85.590
    0.6%
  • OTLT.USA
    2.743
    0.003
    0.1%
  • OTRI.USA
    21.110
    0.000
    0%
  • OTVI.USA
    15,466.390
    90.520
    0.6%
  • TSTOPVRPM.ATLPHL
    3.300
    0.000
    0%
  • TSTOPVRPM.CHIATL
    3.140
    0.190
    6.4%
  • TSTOPVRPM.DALLAX
    1.590
    0.150
    10.4%
  • TSTOPVRPM.LAXDAL
    3.330
    0.020
    0.6%
  • TSTOPVRPM.PHLCHI
    2.170
    0.020
    0.9%
  • TSTOPVRPM.LAXSEA
    4.080
    0.130
    3.3%
  • WAIT.USA
    125.000
    -1.000
    -0.8%
News

The Daily Dash: Chain.io’s $5M funding round

Canada’s Mullen Group acquires British Columbia group

The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight a funding round for a data integration provider, a different approach to hedging on diesel prices and more

The High Five

1. Data integration provider Chain.io has raised $5 million in a funding round led by Grand Ventures and Mercury Fund. The company will use the funds to fill a number of positions in sales, engineering, customer success and more. Noi Mahoney’s story


2. Canadian trucking and logistics giant Mullen Group has acquired British Columbia-based Bandstra Group of Companies in a deal that adds a trucking operation and — intriguingly — a Volvo and Mack truck dealership with three locations. Nate Tabak’s report


3. “The robust demand from the fourth quarter has carried into 2021 and is as strong as I have seen in my career,” Prologis CEO Hamid Moghadam said as the company announced its first-quarter earnings. Todd Maiden’s story


4. Hyzon Motors, the SPAC-backed spinoff of Singapore’s Horizon Fuel Cell Technologies, has begun production of fuel cell trucks in Europe. It expects to deliver the first of 15 zero-emission units to a city in the Netherlands in Q3. Alan Adler with more


5. The volatility of the diesel market through the pandemic opened up an opportunity for K-Ratio, the Chicago-based risk management firm that offers a variety of services to the freight industry. They knew the traditional hedging tools would probably not work. John Kingston’s feature


Five more to check out

Take a diversified, cautious approach to minimize supply chain disruption

Freight boom is not without downsides for carriers

Borderlands: Rural areas the next e-commerce frontier?

10 countries where truckers make the most money

Mother’s Day Truck Convoy helps Make-A-Wish children

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