Transportation IPO News Updates

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Dive into transportation IPO news updates for the most relevant news and expert coverage on logistics and shipping company IPOs. Whether you're tracking valuations, or staying informed of the latest initial public offerings, our updates ensure you remain ahead in the industry.

Business, Equipment

Cummins Spinoff Atmus Raises $275 Million in IPO

Cummins Inc. spinoff Atmus Filtration Technologies rose 11% in its trading debut after raising $275 million in an initial public offering priced in the middle of a marketed range.

May 26, 2023
Business, Technology, Autonomous

Self-Driving Startup WeRide Files for US IPO, Sources Say

Chinese driverless technology startup Guangzhou WeRide Technology Co. has filed confidentially for an initial public offering in the U.S. and is looking to raise as much as $500 million, according to people familiar with the situation.

March 13, 2023
Business, Technology, Autonomous

Daimler Truck Launches as Public Company

To the clanging of a bell and the blasting of a truck air horn, Daimler Truck began trading Dec. 10 as an independent company on the Frankfurt Stock Exchange under the stock symbol DTG, marking a new era following its spinoff from Daimler AG.

December 10, 2021
Business, Technology, Autonomous

Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.

July 8, 2021
Government, Business, Technology, Logistics

China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO

Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.

June 22, 2021
Business, Technology

SPAC Crackdown Threatens Environment That Powers EV Startups

The marriage between SPACs and clean-tech vehicle startups is on the rocks as regulators push for detail.

May 3, 2021
Government, Business, Technology

Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO

Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.

January 28, 2021
Business, Technology, Fuel

SPAC Boom Propels EV Makers to Public Markets

Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.

January 22, 2021
Business, Technology, Logistics

Delivery Startup DoorDash to Seek Up to $2.8 Billion in IPO

DoorDash Inc., the biggest U.S. food delivery company, is seeking to raise as much as $2.8 billion in an initial public offering that’s part of an end-of-year U.S. listings rush.

November 30, 2020
Business

Trash Hauler GFL Slides on Trading Debut Amid Market Turmoil

GFL Environmental Inc. fell in its trading debut after raising $1.425 billion in the largest Canadian initial public offering in almost six years.

March 3, 2020