The decision to prioritize technology in a business so reliant on people to cover loads and deal with exceptions is poignant in the wake of the past week’s events.
The freight market downturn has made profitability elusive.
Investor confidence coincidentally clashes with an executive’s stock sales at autonomous trucking developer.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
Electric vehicle maker Rivian has filed for an IPO that could value the company as much as $80 billion.
Domino’s is partnering with self-driving vehicle company Nuro to schedule pizza delivery for select customers in Houston with Nuro’s R2 robot vehicle.
Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.
An early Christmas gift for the electric truck maker marks the company’s fourth investment announcement this year.
Amazon.com is the lead partner in a $575 million Series G funding round for UK food delivery firm Deliver
Amazon (NASDAQ: AMZN) joined with capital venture firm Sequoia and T. Rowe Price (NASDAQ: TROW) to invest $530 million in self-driving vehicle startup Aurora Innovation according to Aurora’s press release on Medium.
We spoke to T Rowe Price VP Andrew Davis about how traditional investors’ view of the digital brokerage had changed over time.
