Uber Freight and Aurora Innovation have launched a subscription program making it easier for carriers in the Uber Freight network to invest in autonomous assets.
Uber Freight has officially entered its managed transportation era.
This week in Borderlands: Nearshoring to continue boosting US-Mexico trucking in 2024; Careismatic Brands to close Dallas distribution hub, lay off 404 employees; ITS Logistics to open office in Fort Worth; and Aztema begins construction of $240M tire plant in Mexico.
After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks.
EBITDA losses at Uber Freight grew in the first quarter, but its president expressed strength in the company’s business model.
Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.
Uber Freight has set a goal to acquire over $2 billion in freight under management in Europe by 2028.
The Sisters of the Road photo collection highlights female truckers’ struggles and improvements needed for industry equality.
RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.
There isn’t much sign of an upturn in Uber Freight’s latest earnings report.
C.H. Robinson’s newly unveiled touchless appointments will automate manual scheduling tasks.
Uber Freight plans to make its API publicly available for scheduling in the second half of the year.
Digital freight brokerage Uber Freight confirmed Tuesday it was forced to cut a number of jobs in order to align with its “continued commitment to drive sustainable growth.”
Cummins’ aggressive scaling of electrolyzers will need other players to meet expected midcentury hydrogen demand.
The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.
The ongoing recession has left both companies and individuals in financial turmoil, pushing existing bad actors to increase their fraudulent activities and prompting new fraudsters to enter the arena.
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Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn’t exist yet.
