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Uber Freight founder and CEO Lior Ron is leaving the top job to become chief operating officer at self-driving truck startup ...
Uber Technologies Inc. (NYSE:UBER) is one of the best high-volume stocks to invest in. On August 12, Uber Freight announced ...
However, the last two quarters have shown significant improvement in its negative EBITDA numbers. Uber Freight’s EBITDA in ...
The unprofitable unit doesn’t fit the company’s model and has little to no synergies with its main ride-hailing and delivery ...
Lior Ron is joining the Toronto-based company as it prepares to begin operating fully autonomous U.S. trucking runs later ...
Uber Freight CEO Lior Ron is joining autonomous trucking startup Waabi as COO and says the era of self-driving big rigs across U.S. roads is near.
Launched in 2017, freight was only doing $400 million in quarterly gross bookings for Uber just before its $2.25 billion acquisition of managed transportation company Transplace in late 2021.
Uber Freight said Tuesday it will lay off roughly 150 employees, or about 3% of its workforce, as economic uncertainty hammers demand for shipping services.
It’s unclear what the Uber Freight project will actually grow to be. According to The Verge, Uber will likely have a fleet of its own trucks that would be used for cargo hauling.
Aurora, an autonomous tech developer that intends to offer a commercial driverless semitruck service starting in 2023, intends to integrate its subscription-based system into Uber Freight, the ...
Convoy rival Uber Freight raises $500M, valuing trucking logistics business at $3.3B by Taylor Soper on October 2, 2020October 2, 2020 at 10:35 am ...
While Uber Freight is trying to empower truck drivers, the company's very own Uber ATG trucks division, formerly known as Otto, is working hard on self-driving technology that would find them ...