Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.
December 9, 2020Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
AM Radio Transmitter Sites Now Valuable Real Estate for Logistics Industry
Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.
December 8, 2020Elaine Chao Discusses Partnerships as Busy Year Draws to a Close
Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.
December 8, 2020NACFE Launches New Initiative to Explore Autonomous Trucking
The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.
November 30, 2020Delivery 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, 2020The Rising Threat of Ransomware: How Trucking Can Fend Off Cyberattacks
No fleet manager or logistics worker ever wants to experience the sinking feeling that comes with seeing a message flash on their computer screen revealing they have become the victim of a ransomware attack.
November 30, 20202021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles
With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.
November 24, 2020SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion
Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.
November 24, 2020Economic Outlook Bright for Holidays
Goods are pouring into ports, being delivered by trucks to warehouses and e-commerce locations, and retailers are restocking their shelves as the holiday shopping season gets into full swing. It’s also a major reason why trucking continues to outperform the overall U.S. economy.
November 24, 2020Lightning EMotors Said to Be in Talks to Go Public
Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter.
November 19, 2020