Uber Technologies Inc.’s freight business will acquire Frisco-based logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced Thursday. The company said the ...

SAN FRANCISCO & FRISCO, Texas--(BUSINESS WIRE)--Uber Freight and Transplace have entered into a definitive agreement for Uber Freight to acquire Transplace for approximately $2.25 billion ...

Uber Freight said it has an agreement to buy Frisco, Texas-based Transplace for cash and $750 million of Uber stock from private equity firm TPG Capital. Assuming the deal clears regulatory ...

Uber Freight has signed a $2.25 billion deal to buy Transplace, a logistics and technology firm that manages shipping across the globe. The move merges Uber's digital truck broker platform with ...

Uber Freight unveiled what it called the industry's first scaled AI logistics network. The network is powered by a proprietary logistics-specific large language model and embedded directly into ...

Although Uber Technologies Inc. recently halted its self-driving truck program, the ride-hailing pioneer is doubling down on its Uber Freight load-matching business and announced that Otto co ...

And not in 10 years, or one year, but tomorrow. Yes, Uber Freight’s impact on trucking will be virtually immediate, but no, it won’t be nearly as significant as autonomous trucks.

Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings.

Uber last reported earnings on Feb. 8, with the freight business generating revenue of $1.5 billion in the quarter ending Dec. 31, up 43% year-over-year, But the headline figure does not tell the ...