However, the last two quarters have shown significant improvement in its negative EBITDA numbers. Uber Freight’s EBITDA in ...

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 ...

The unprofitable unit doesn’t fit the company’s model and has little to no synergies with its main ride-hailing and delivery ...

Uber Freight appoints Rebecca Tinucci as CEO, succeeding Lior Ron. The post Rebecca Tinucci named CEO of Uber Freight ...

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.

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.” ...

Uber Freight, an app matching owner-operators and small fleets with loads to haul, launched with much fanfare recently. Yet the use of computer technology to match up freight with trucks that can ...

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.

Meanwhile, Uber Freight has been making its own moves. The logistics business, which spun out of Uber in 2018, acquired Transplace for about $2.25 billion from private equity group TPG Capital ...

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 ...