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Volvo Autonomous Solutions and freight broker Uber Freight announced a long-term strategic partnership to deploy Volvo’s autonomous transport network within Uber Freight’s marketplace.
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 ...
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 and Transplace have entered into a definitive agreement for Uber Freight to acquire Transplace for approximately $2.25 billion, consistin ...
The UBER average price target of $46.54 implies upside potential of 98.5% from current levels. Shares have declined 46.1% over the past year.Final ThoughtsUber is not just a cab-hailing company ...
Uber Technologies Inc's (UBER.N) trucking business is buying transportation logistics company Transplace for about $2.25 billion from private equity firm TPG Capital, in a deal that is expected to ...
SAN FRANCISCO& FRISCO, Texas---- Uber Freight and Transplace have entered into a definitive agreement for Uber Freight to acquire Transplace for approximately $2.25 billion, consisting of up to ...
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 ...
Aurora’s autonomous trucks have begun hauling loads booked with the Uber Freight app in Texas. Aurora Aurora, an autonomous tech developer that intends to offer a commercial driverless semitruck ...
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 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 ...
Aurora is using the Uber Freight brokerage platform, which connects truck drivers with shippers that need cargo delivered, to haul freight for customers between Dallas and Houston. Aurora said it ...
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