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The transportation and logistics sector has been consolidating for years because it’s highly fragmented and companies in the space can benefit from scale.January 16
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The former U.S. vice president’s sustainability-focused investing fund, Generation Investment Management LLP, led round for Convoy, joining Bill Gates, Jeff Bezos and Marc Benioff.November 13
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The deal for Cornershop could play a significant role in Uber’s strategy of layering more profitable services atop ride-sharing.October 11
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The railroad, which also had attracted activist investor Blue Harbour Group, doesn’t compete directly with the largest North American railroads, such as Union Pacific, CSX and Canadian National Railway.July 1
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The case for robots ferrying packages before people is becoming more compelling as robo-taxis struggle to gain traction.June 19
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Once a growth story, the electric car maker led by Elon Musk is now a "distressed credit and restructuring story," with mounting concerns about the company about everything from growing competition to consumers swinging back to big sport utilities.May 24
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Uber is buying Middle Eastern ride-hailing competitor Careem Networks for $3.1 billion.March 26
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Harley-Davidson buys StaCyc to expand electric bikes line. Mergers & Acquisitions profiles the top 28 investment banks of 2018. In other M&A news, Fleetor, OEP, NovaQuest, involved in deals.March 5
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Germany’s automotive industry will invest over $45 billion in electric vehicles over the next three years to triple the number of models vying for buyers.March 5
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Amazon led a $700 million equity investment in Rivian Automotive LLC, the electric pickup and SUV maker preparing to deliver its first vehicles next year.February 15
