Uber Freight

La empresa llevará el nombre de Uber Freight

The integrated firm will go live during the fourth quarter under the Uber Freight brand.

The consolidation program is the first major initiative announced since Uber Freight acquired Transplace last summer.

On-demand truck driver platform Haul announced a $10 million funding round as it looks to expand its coverage area for fleets in need of temporary drivers.

With Transplace now in the fold, Uber Freight’s revenue topped $1 billion for the last three months of 2021.

In its earnings report for Q4 2021 and FY2021, Uber revealed that its delivery segment once again brought in more revenue than its core mobility business.

The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.

Its the biggest expansion yet for the company’s Uber Connect service

From relay networks to industry unicorns, FreightWaves looks at technology trends that will continue to transform supply chains into the new year.

Aurora Innovation acquired Uber’s advanced technology group last year. Now it is piloting autonomous integration with Uber Freight.

Private trucking fleets expand amid soaring spot rates According to a recent National Private Truck Council Report, private fleets continue to expand due to high spot market rates and dwindling capacity in the market. Less capacity equals less service, and service metrics remain a big driver for in-house transportation. For large common carriers (they haul […]

Onboarding accounts should be a bigger thing than it is; airports used as container storage yards; airfreight is now an affordable option; and a few more quarterly earnings dissected.

One of the three new investors, D1, already has significant investments in logistics.

EBITDA at the digital brokerage remains in the red, but it is getting closer to breakeven.

The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.

On this episode of FreightWaves Insiders, Dooner catches up with Uber Freight head of operations and co-founder Bill Driegert.

“At Uber, we get to build on the shoulders of giants,” said Val Marchevsky, Uber Freight’s new head of logistics tech.

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 amortization to be positive as early as this quarter. Shares of the company’s stock ended the day up about 11.5% on the news. In an SEC filing, Uber (NYSE: UBER) […]

Small carriers are opting to bring only a power unit to a brokered transaction.

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 up bigger M&A opportunities.