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VCs not perplexed

Illustration of a search bar being illuminated by a spotlight.

🚥 Yellow light on trucking deals

A graphic with a photo of Estes Express Lines President and COO Webb Estes and a photo of Estes trailers.

Webb Estes is president and COO of Richmond, Va.-based Estes Express Lines, the largest privately held freight hauler in North America. Photo illustration: Brendan Lynch, Axios Visuals. Photo: Courtesy of Estes Express Lines

🦄 Cart.com garners $1.6B valuation

Illustration of a cursor hand holding a price tag.

Driving the day

Illustration of the Axios Pro logo and "DRVNG THE DAY" on a license plate.

🚨 Deals deals deals

The final word

1 big thing: VCs not perplexed

2. 🚥 Yellow light on trucking deals

3. 🦄 Cart.com garners $1.6B valuation

4. Driving the day

5. 🚨 Deals deals deals

6. The final word

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May 12, 2025

1 big thing: VCs not perplexed