Uber Freight
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News
Uber Freight christens Chicago HQ, names head of logistics tech
“At Uber, we get to build on the shoulders of giants,” said Val Marchevsky, Uber Freight’s new head of logistics tech.
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Recent News
Uber eyes positive Q3 EBITDA, shares close up 11.5%
In some big news for the rideshare giant, Uber on Tuesday revised its Q3 2021 outlook and now expects earnings before interest, taxes, depreciation and…
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News
What is power-only truck brokerage?
Small carriers are opting to bring only a power unit to a brokered transaction.
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News
Undervalued broker Echo punches out at a premium
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens…
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Trucking
Wall Street analysis puts value of Uber Freight at $3.5B
The financial analysis of Uber Freight does not yet include the impact of Transplace, which the digital brokerage is acquiring.
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Company earnings
Poised for acquisition, Transplace gets mostly positive outlook from Moody’s
Transplace’s new bookings are said to be a key reason for the improvement in its financial outlook.
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News
Uber Freight’s power-only expansion into Georgia gives owner-operators leg up
“This is about lowering the barrier of entry for owner-operators. We are trying to push them forward and help them make key decisions that will…
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Company earnings
Uber Freight posts continued revenue gain, higher EBITDA than Q2 ’20
The earnings report is for a 3-month period with no impact from the big Transplace acquisition announced in July.
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News
Hot Freight Opinions: Reaction to Uber Freight acquiring Transplace
The $2.25 billion deal is a “game-changer” and a “monster deal,” according to FreightWaves experts.
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Logistics/Supply Chains
Transplace is upstream, Uber Freight is downstream, and now they’re getting married
A united transportation platform with 2 companies focused on either side of the carrier/shipper divide is seen as driving $2.25B acquisition of Transplace.;
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