Earnings before interest, taxes, depreciation and amortization, which has now been negative at Uber Freight for nine consecutive quarters, widened to negative $22 million from negative $14 million a ...
Despite current demand, the report suggested that the freight market may soon rebound as early signs of recovery emerge. The ...
Uber Freight is a logistics platform built on the power of Uber with the goal to reshape logistics. Uber Freight is a logistics platform built on the power of Uber with the goal to reshape global ...
Adding tariffs to goods from Canada and Mexico would spark inflation by increasing U.S. cost of living, report says.
Shares of Uber Technologies Inc. dropped 8% in trading today after the company reported better-than-anticipated revenue for ...
Despite a 30-day pause, the threat of tariffs against Mexican and Canadian imports persists. Some shippers are bracing for ...
Uber has already mastered moving people and food around cities. Now it's getting into the long-haul business with a new division called Uber Freight. The plan builds on Uber's July acquisition ...
Khosrowshahi has repeatedly pointed to freight as a challenging segment for Uber since consumers are spending more on ...
Data by YCharts For a company still in the early stages of many markets (autonomous driving networks, enterprise freight shipping), this is still a very opportunistic buying moment for Uber.
Uber Freight’s fourth-quarter earnings continued to show deterioration both from a year ago and sequentially from the third quarter. Gross bookings of $1.273 billion were down 0.47% from fourth ...
Khosrowshahi has repeatedly pointed to freight as a challenging segment for Uber since consumers are spending more on services than on shipping goods following the pandemic. How U.S. efforts to ...