Einride raises $113M in oversubscribed PIPE ahead of SPAC merger
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Hefei model could be expanded to other locations
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Funding brings total committed capital to $213M at $1.35B valuation ahead of Legato Merger Corp. III deal
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Deal with ZF Group also creates new software-services revenue stream for medium-duty EV maker
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Joint probe into “Diesel Vortex” details credential theft, check fraud and double-brokering risks
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New Intelligent TMS integration to streamline carrier selection and rate negotiations.
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The February 2026 “State of the Industry Report” — presented in affiliation with Ryder — shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks.
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Presented in partnership with OTR Solutions. The freight brokerage industry is at a pivotal moment. Market volatility, rate swings, and cash-flow pressure continue to strain operations, pushing brokerages to strengthen resilience through smarter processes and strategic automation.
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