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The new office in Nuevo Laredo, Mexico, marks the company’s 10th cross-border location. The company also maintains a strong warehouse presence across the border in Laredo, Texas.
To expand its presence across Mexico, in July, the company opened a new office in Nuevo Laredo, Mexico, a major crossing point for cargo traveling between the U.S. and Mexico.
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 said on Tuesday its separate freight business, which connects truckers with shippers, will be led by Lior Ron, a former employee who left the ride-services firm in March. During Ron's absence ...
Hub-to-Hub Autonomous is a 'Sizable Opportunity' Using a nationwide freight model, Uber said the hub-to-hub model presents a sizable opportunity, with an immediate addressable market of 25 billion ...
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 Freight achieves 77% growth in cross-border production, managing 2,000+ daily shipments and processing 25,000+ monthly customs entries.
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