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 ...

Rebecca Tinucci is taking the reins from founder Lior Ron, who will become the COO of autonomous trucking startup Waabi.

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 ...

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.

Two years ago, Uber Freight bought third-party logistics provider Transplace in a $2.25 billion deal and said the acquisition would “enable a comprehensive end-to-end shipper-to-carrier solution.” ...

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 ...

Launched in May 2017, Uber Freight now boasts 46,000 carriers hauling loads for more than 1,000 shippers including some 60 companies on the Fortune 500 list such as Anheuser-Busch inBev, Nestle ...

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 ...