SPAC market

Uber Freight poised for success — Midday Market Update

MMU 11/24

Uber Freight posted year-over-year revenue growth of a whopping 43%, citing its Freight Enterprise offering as a key reason for improved performance. CFO Nelson Chan said Uber Freight’s user base expanded by 45% quarterly, a big jump that sparks discussion between Kevin Hill and Michael Vincent in this episode of the Midday Market Update.  

The latest COVID-19 relief measure may help protect multiemployer pension funds in danger of failing; the House Ways and Means Committee is championing a...

https://www.freightwaves.com/news/uber-freight-poised-for-success-midday-market-update

SPACs gone wild — Great Quarter, Guys

Great Quarter Guys 11/17

How the SPAC market is thriving

XL Fleet has finalized a merger with a special purpose acquisition company (SPAC) to turn commercial vehicles into hybrid models and Great Quarter, Guys co-host Seth Holm says this matters because the Class A vehicles it targets take up a small amount of the market but 20% of fuel consumption. 

XL Fleet has already moved forward into putting its product into some commercial vehicles and has seen returns in the millions. 

Subscription company BarkBox has grown 58%...

https://s29755.pcdn.co/news/spacs-gone-wild-great-quarter-guys

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