FedEx Fuels Harbinger's $160M Raise While Einride Goes Public in New Wave of Electric Trucking Bets [Yahoo! Finance]
Kodiak AI, Inc. (KDK)
Company Research
Source: Yahoo! Finance
FedEx is co-leading a $160 million funding round into medium-duty electric and hybrid vehicle manufacturer Harbinger, placing an initial order for 53 of its EVs. More from Sourcing Journal DHL Profits Rise Despite 32% US-Bound Air Freight Volume Drop Appeals Court Reinstates Yellow's $137 Million Lawsuit Against Teamsters Over 2023 Bankruptcy FAA Grounds All MD-11 Planes After Fatal UPS Crash At the same time, Swedish-based autonomous trucking technology company Einride is preparing to go public via a SPAC at a valuation of $1.8 billion, following in the footsteps of autonomous trucking company Kodiak AI just two months ago. For FedEx, the investment reflects the shipping giant's ongoing network transformation and resulting need for larger-capacity pickup and delivery vehicles as it continues to optimize its network and routes. “Any vehicle that holds up to our rigorous on-road testing and offers state-of-the-art safety features with lower total cost of ownership is win
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News
- Kodiak to Present at Upcoming Investor ConferenceGlobeNewswire
- Kodiak bringing safety to long-haul trucking, VP says [FOX News]FOX News
- Can autonomous trucks really make highways safer? [FOX News]FOX News
- Autonomous Vehicle Development Platform Global Research Report 2026: $159.5 Bn Market Trends, Competitive Landscape, Strategies, and Opportunities, 2020-2025, 2025-2030F, 2035F [Yahoo! Finance]Yahoo! Finance
- Kodiak AI: Competition And Dilution Risk Undermine The Bull Case [Seeking Alpha]Seeking Alpha
KDK
Sec Filings
- 1/5/26 - Form D
- 1/2/26 - Form 4
- 1/2/26 - Form 424B3
- KDK's page on the SEC website