Uber Freight is expanding its cross-border operations to capitalize on the nearshoring boom, the company announced Oct. 22. The Chicago-based logistics platform has seen significant growth ...

Uber Freight achieves 77% growth in cross-border production, managing 2,000+ daily shipments and processing 25,000+ monthly customs entries.

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's Power Loop offering expands to offer "dedicated tours," which can book carriers with weeks of loads with set percentage compensation that rises with more miles run.

But Uber Freight is betting its AI solutions can make an immediate impact on the bottom line of both its blue-chip customers and the nearly 10,000 other shippers it works with.

Uber Freight's Broker Access program charges broker customers a per-load transaction fee for booked loads. There are no setup or subscription fees, according to the company.

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 ...

Uber's logistics division Uber Freight unveiled its next generation of products this week that includes new logistics software, generative AI and data-enabled insights tools as it looks to move to ...

Uber Freight and Greenlane are joining forces to smartly deploy heavy-duty charging stations to power America’s growing electric truck fleet. The two companies are aiming to lift a barrier to ...

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.

The company currently has $20 billion in global freight under management, with $750 million FUM in Mexico. This includes a 77% year-over-year increase in cross-border new business production.

Uber Technologies UBER 1.78% has amassed a nearly $7 billion business in a different kind of transportation that investors never talk about but should at least be thinking about. Uber Freight ...