Harbinger Raises $240 Million in Series D Funding to Expand EV Platform
Electric truck manufacturer Harbinger has secured $240 million in Series D funding, with plans to continue its work delivering 2,000 electric vans to FedEx.
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Shares of logistics, freight and delivery companies are trading lower as oil prices climb in response to elevated U.S.-Iran tensions after stalled bilateral talks, with Iranian President Pezeshkian saying, "we will not bow to U.S. pressure." Also, several business groups warned President Trump against a planned diesel export ban, suggesting it would be counterproductive and raise fuel prices.
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