Transfix Secures $40M in Series F Funding Led by New Enterprise Associates and G Squared Transfix, Intelligent Freight Platform has successfully closed its Series F funding round, raising $40 million. The funding was led by New Enterprise Associates… Transport / October 19, 2023
Glydways Raises $56M Series B Funding for Urban Mass Transit Innovation Glydways, a pioneering developer of on-demand Personal Rapid Transit (PRT) systems, has successfully raised $56 million in a Series B funding round, including… Transport / October 9, 2023
TFI International Acquires Vedder Transportation Group Vedder Transportation Group Joins Forces with TFI International in a Strategic Move The latest news from this dynamic sector comes from TFI International,… Transport / September 14, 2023
Virgin Voyages Raises $550 Million Led by Ares Management for Expansion Virgin Voyages, the award-winning cruise brand from Richard Branson’s Virgin Group, has successfully concluded a $550 million funding round to accelerate its growth… Transport / Travel / September 11, 2023
London-Based Zeelo Raises $14 Million Series A Funding for Smart Shuttle Services With the newly secured funding, Zeelo has plans to establish its US headquarters in Boston. … Transport / August 23, 2023
Yellow Trucking Firm Ceases Operations, Laying Off 30,000 US Workers Amid Financial Struggles Yellow, a once-dominant US trucking company, has ceased operations and laid off all 30,000 of its workers, marking a significant blow to the… Transport / August 1, 2023
Trucker Yellow Prepares to File for Bankruptcy Trucking company Yellow is reportedly preparing to file for bankruptcy as customers abandon the freight carrier amid a cash crunch and ongoing union… Transport / July 27, 2023
Freight broker Surge Transportation files for Chapter 11 bankruptcy Surge Transportation, a digital freight brokerage based in Jacksonville, Florida, has filed for Chapter 11 bankruptcy protection in the Central District of Florida…. Transport / July 26, 2023
Texas-based Trucking Company Peace Equipment Files for Chapter 11 Bankruptcy Protection Peace Equipment LLC, a trucking company based in Edcouch, Texas, has filed for Chapter 11 bankruptcy protection, citing increased operating costs and reduced… Transport / May 26, 2023
Ryerson Acquires BLP Holdings LLC Ryerson, a leading distributor and processor of metals in North America, has announced its acquisition of BLP Holdings LLC, a Colorado-based company that… Transport / March 3, 2023