Former Flexport/Amazon execs launch tech start-up for forwarders
You can’t keep a good techbro down. Former Flexport and Amazon executives have launched a ...
BA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
BA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEAL
SEEKING ALPHA reports:
– Amazon (NASDAQ:AMZN) is reportedly in talks to acquire an up to 20% stake in self-driving truck company Plus, which is planning to go public through a reverse merger with SPAC Hennessy Capital (NASDAQ:HCICU).
– Bloomberg sources say Amazon has placed an order with Pus for 1,000 autonomous trucks.
– The stake purchase would allow Amazon to buy preferred shares of Plus through a warrant at $0.46647 per share, according to a source…
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