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Uber's freight business, CEO Dara Khosrowshahi's vision for the ride share apps future, might lack the synergies that Rides and Eats share between customers and drivers.
Uber Freight, the logistics business spun out of Uber in 2018, has acquired Transplace for about $2.25 billion from private equity group TPG Capital, according to regulatory filings.
Uber Technologies Inc.’s freight business will acquire logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced July 22.
Uber Freight on Thursday said it's paying $2.25 billion to acquire Transplace, a company that makes logistics software. Uber will acquire Transplace from TPG Capital, the private equity platform ...
Uber Freight, which was launched in 2017, is a growing force in the logistics sector. In 2021, the company acquired Transplace, then owned by private equity firm TPG Capital, for $2.25 billion.
Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora’s autonomous driving technology offered on the Uber Freight network through 2030.
Photo: Uber. Uber has already expanded its footprint across the world and into new verticals, like Uber Eats and Uber Health.But its shipping and trucking business, Uber Freight, may be the company’s ...
Uber Freight is teaming up with California-based WattEV, an electric trucking and charging infrastructure company, to launch the company’s first zero-emission electric truck pilot.
Uber Freight now has more than 70,000 trucking companies on its network, which have access to more than 700,000 truck drivers. Still, Uber Freight can't always fulfill an organization's shipping ...
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 ...
Waymo and Uber have signed a long-term, strategic partnership to collaborate on long-haul autonomous trucking. They'll blend Waymo's self-driving tech with Uber Freight's network. The idea is to ...
Uber Technologies Inc.’s freight business will acquire Frisco-based logistics technology firm Transplace from TPG Capital for $2.25 billion, the company announced Thursday.