However, the last two quarters have shown significant improvement in its negative EBITDA numbers. Uber Freight’s EBITDA in ...

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 has been primarily focused on truckload shipments since its founding in 2017. LTL is the natural next step, with the company viewing it as in high demand and ripe for innovation.

Logistics specialist Uber Freight is teaming up with Waabi Innovation Inc. in an artificial intelligence-powered autonomous truck partnership, the companies said Sept. 21.

Uber Freight is using AI on its platform to provide trucking companies with more optimized routes. This article is part of " How AI Is Changing Everything: Supply Chain," a series on innovations ...

Employees included in the Uber Freight layoffs will be granted departure packages. That includes severance, as well as extended healthcare and a bonus payment for their work in 2022.

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'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 ...