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. Disrupted category · December 2, 2022 ...

According to Crunchbase, Uber Freight raised an additional $550 million from D1 Capital Partners, GCM Grosvenor Inc. and the Abu Dhabi Growth Fund LLC in November 2021.

Uber Freight is partnering with the insurance software company Redkik as part of a strategic collaboration to revolutionize per-load cargo insurance, the companies announced Aug. 17.

Uber Freight LLC, Watt Electric Vehicle Co. Inc. and CHEP today announced their first electric truck pilot program on select routes in Southern California.As part of the pilot program, WattEV wil ...

Uber Freight thinks it has a solution to the ongoing truck driver shortage here in the U.S. The unit, which is Uber’s trucking logistics and supply chain management offering, says in a report ...

Uber Freight's technology is part of a broader push among logistics companies to use AI to gain a competitive advantage, said Jose Reyes, a senior director and analyst for Gartner's supply chain ...

Uber plans to IPO or sale of the Freight division. I estimate the value of this division from $3.5 billion to $6.0 billion. See why we rate UBER stock a buy.

Uber launched the freight division in 2017, pairing trucking companies with those seeking to transport loads in a similar model to the company’s ride-hailing business. In 2020, Uber sold a stake in ...

Uber Freight will use driverless trucks from Dallas to Houston starting this fall in partnership with autonomous technology developer Aurora Innovation, Inc.. The transportation and logistics ...

Dara Khosrowshahi, CEO of Uber, said freight needs to grow to appeal to investors. Photo: John Scrivener for The Wall Street Journal. Uber Technologies UBER 1.78 % increase; ...

Stop chasing. Start winning. Meet Uber Freight Exchange: Spot — the better way for #carriers to discover, win, and haul spot loads from the world’s leading shippers. Learn more about how you ...

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 ...