While railroads for years have talked about growth, the head of a major short line says it’s high time they embraced enterprisewide technology that’s reshaping the transportation industry.
After Uber recently announced bookings growth, the company has launched a broker offering that could help support future shipment growth and brokerage penetration.
Uber Freight’s payout to Greenbriar signifies a shift, highlighting both Uber Freight’s evolving valuation and the foresight of Greenbriar’s strategic financial protections.
With the next Trump administration expected to drive regulatory changes, experts anticipate a surge in M&A activity across retail, e-commerce and FreightTech, as companies like Amazon and DoorDash look to expand in a pro-business environment.
Strategic theft and straight theft are particularly prevalent in today’s market.
Uber Freight is expanding international operations with a new customs-focused office in Nuevo Laredo, Mexico.
By leveraging Uber Freight’s TMS, Leaf Home was able to consolidate operations into a single system with automation, enabling high growth without increasing headcount.
At Uber Freight’s Deliver conference, its founder and CEO announced same day and scheduled deliveries offerings, advanced tech features and said the company has reached $20 billion in freight under management.
Uber Freight and Aurora Innovation have launched a subscription program making it easier for carriers in the Uber Freight network to invest in autonomous assets.
Uber Freight has officially entered its managed transportation era.
This week in Borderlands: Nearshoring to continue boosting US-Mexico trucking in 2024; Careismatic Brands to close Dallas distribution hub, lay off 404 employees; ITS Logistics to open office in Fort Worth; and Aztema begins construction of $240M tire plant in Mexico.
After hinting at a brokerage and managed services integration in its latest earnings report, Uber Freight has launched a spot market update to Uber Freight Exchange to combine its carrier and shipper networks.
EBITDA losses at Uber Freight grew in the first quarter, but its president expressed strength in the company’s business model.
Uber Freight has brought on talent with decades of experience from C.H. Robinson, Amazon and Walmart.
Uber Freight’s drop-and-hook capacity solution, Powerloop, has seen explosive growth, with more than 10,000 carriers servicing more than 220,000 loads to date.
Join FreightWaves and Uber Freight for a live webinar on Tuesday, March 26th.
Uber Freight’s Powerloop offering has served more than 220,000 loads using over 10,000 carriers. Powerloop saw a 43% increase in power-only load volume in 2023.
Uber Freight has set a goal to acquire over $2 billion in freight under management in Europe by 2028.
The Sisters of the Road photo collection highlights female truckers’ struggles and improvements needed for industry equality.
RXO’s fourth quarter was slightly better than the third, but overall, the 3PL had its challenges last year.
There isn’t much sign of an upturn in Uber Freight’s latest earnings report.
C.H. Robinson’s newly unveiled touchless appointments will automate manual scheduling tasks.
Uber Freight plans to make its API publicly available for scheduling in the second half of the year.
Digital freight brokerage Uber Freight confirmed Tuesday it was forced to cut a number of jobs in order to align with its “continued commitment to drive sustainable growth.”
Cummins’ aggressive scaling of electrolyzers will need other players to meet expected midcentury hydrogen demand.
The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.
The ongoing recession has left both companies and individuals in financial turmoil, pushing existing bad actors to increase their fraudulent activities and prompting new fraudsters to enter the arena.
Uber Freight has more than 100 shipper companies lined up to run autonomous freight, but the capacity just doesn’t exist yet.
Uber Freight has rolled out new technology solutions for its TMS, procurement and use of generative AI.
Uber Freight Exchange is designed to unlock operational efficiencies and compress the time it takes to procure, eliminating the back-and-forth of traditional mini-bids by bringing the process onto one single tool.
The SSC’s newly released API technical standard is available on GitHub.
In this month’s State of Freight webinar, FreightWaves CEO Craig Fuller reviews data that shows a stronger market than rates and rejections might suggest.
Startup software developer Waabi, a late entry to autonomous trucking, has a 10-year deal to haul on the Uber Freight network.
Yellow Corp.’s bankruptcy has created an abrupt decrease in available small-batch trucking capacity, which could cause ripples in the LTL freight market for months to come. Rebalancing capacity won’t happen […]
The Federal Motor Carrier Safety Administration on Wednesday released parameters on data collection for a new study to determine the impact of detention time on drivers. The Information Collection Request (ICR) was submitted to the Office of Management and Budget (OMB) for review and approval and opened the window for public comments.
Large carriers finally started shedding capacity this summer.
Uber Freight’s negative EBITDA was improved from the first quarter, but revenue has declined steadily for more than a year.
Download the complimentary report today to access the full insights.
Other charging infrastructure startups have more resources but WattEV has an early advantage in making charging available.
Truck broker Uber Freight said Wednesday it has decided to stop placing loads with Yellow Corp. as the carrier faces a potential worker strike.
Uber Freight has implemented layoffs in its legacy digital brokerage operations in the second round of cuts this year.
Uber Freight’s Market Access is an AI-powered algorithm that gives shippers transparent freight pricing and greater control over their procurement stipulations.
The collaboration among Convoy, J.B. Hunt, Uber Freight and others to use technology to streamline scheduling at the dock level is proceeding as planned, according to company leaders at FreightWaves’ Future of Supply Chain conference in Cleveland.
Conceding digital brokerage got a “bad name” early on, Uber Freight’s Souder looks to add human element to the experience.
This week in Borderlands: An Uber Freight report says cross-border trucking is showing continued resilience; a 3PL secures $100 million to expand its network of cross-border warehouses; a pepper puree manufacturer opens a production hub in New Mexico; and 26 people were killed in a crash involving a tractor-trailer in Mexico.
Flexport has taken another step toward simplifying international freight transportation from manufacturing to e-commerce storefront.
Uber Freight, Convoy and J.B. Hunt formed the Scheduling Standards Consortium in December to standardize trade data and synthesize scheduling technology.
Carriers will now be able to handle their fuel expenses on Uber Freight’s app with no annual fees, according to the freight marketplace.
Uber Freight’s head of product shares simple ways to improve decision-making and reduce costs while improving customers’ shipping experiences.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
The logistics industry is seeing rates continue to fall. How can shippers ensure success in this market before the market adjusts and rates swing back up?
Según un informe de Bloomberg, la correduría digital podría ser candidata a una escisión o a una IPO
A Bloomberg report says Uber Freight may be a candidate for a spinoff or an IPO.
Las corredurías o brokers de carga contrataron a demasiados empleados durante 2021 y 2022, y esa marea está cambiando ahora
Big names like C.H. Robinson, Uber Freight and Convoy have all cut staff in recent months. Here’s what’s driving the freight brokerage layoffs.
El servicio de camión como servicio podría permitir a Uber Freight utilizar camiones eléctricos
Big fleets can afford them, but are electric trucks a solution for 3PLs? Uber Freight and WattEV are working together to find out.
The 3PL’s first-quarter update is bearish on truckload rates.
Weak freight markets led to a fourth-quarter downturn at Uber Freight.
Inside this edition: Warehousing automation will be key; the automotive sector is hot for 2023; and an upsetting trend hits too close to home.
Uber Freight is cutting about 3% of its workforce, all of the jobs coming out of its digital brokerage activities.
Uber Freight’s Frank McGuigan, who played a key role in selling Transplace to the digital brokerage company, is leaving at the end of the month.
El presidente y director de operaciones dejará el cargo el 31 de enero, pero permanecerá en el consejo de administración de Uber Freight
Q4 Market Update and Outlook: Highlights from Uber Freight’s Q4 Market Update Report
Uber Freight and Volvo Autonomous Solutions are stressing patience over hype in working to digitally schedule loads for the truckmaker’s one-stop shop for all things autonomy.
Convoy, J.B. Hunt and Uber Freight last week announced that they have partnered to create the Scheduling Standards Consortium as a new standard for full truckload freight employment scheduling.
El Scheduling Standards Consortium busca la opinión de los líderes tecnológicos del sector
“Scheduling appointments at facilities is one of the most common activities in trucking, but it is also one of the most fragmented and offline,” said Dan Lewis, co-founder and CEO of Convoy.
The approach of Cummins Inc. to hydrogen-fueled internal combustion engines is very different from how and when it talks about most of its products.
Freight brokerages see more frequent bid events as opportunities to take market share.
The Future of Autonomous Trucks in Freight
FreightWaves’ Kaylee Nix spoke with Bill Driegert, co-founder of Uber Freight, at the F3: Future of Freight Festival about how carriers can navigate a volatile freight market.
Uber Freight’s EBITDA was barely positive in the third quarter on a decline in revenue.
TMS will be at the heart of this new tech-based transformation, offering robust tools to shippers reimagining operations — and, most importantly, to those that historically haven’t enjoyed access to the technology.
Uber Freight recently released a report on contracted rates. Its consensus is that contract rates are indeed falling, but like a game of contracted musical chairs, we still do not know when the music will stop.
The outlook for truckload demand is flat to down and more capacity continues to enter the market, according to Uber Freight senior economist Mazen Danaf.
La capacidad seguirá disminuyendo a medida que la producción de los fabricantes de camiones se recupera
Freight price volatility and visibility limit shippers’ ability to efficiently secure capacity – especially on unfamiliar lanes during unpredictable periods of peak demand. How can shippers access a competitive pricing […]
Uber Freight executive Olivia Hu joins chat about the advancement of the autonomous trucking industry during FreightWaves’ Autonomous and Electric Vehicles Summit.
Uber Freight and others announced LightningPay last fall, and the product’s philosophy and practices were presented at a key industry conference in Atlanta.
The trucking industry has seen a wave of new digital payment options connecting shippers, brokers and carriers.
For the second consecutive quarter, Uber Freight turned in a financial report that showed it as profitable by a key standard.
El EBITDA sube un 150% hasta los 5 millones de dólares
Uber beat earnings expectations for Q2, but its delivery business wasn’t the driver this time around.
Waymo Via will reserve billions of miles of future autonomous trucking routes for digital load matching by Uber Freight.
In its third deal this year, autonomous driving provider Aurora has an agreement with Covenant to “explore ways to optimize” long-haul operations.
Aided by the acquisition of Transplace last year, Uber Freight posted positive EBITDA for the first quarter.
La empresa llevará el nombre de Uber Freight
The integrated firm will go live during the fourth quarter under the Uber Freight brand.
The consolidation program is the first major initiative announced since Uber Freight acquired Transplace last summer.
On-demand truck driver platform Haul announced a $10 million funding round as it looks to expand its coverage area for fleets in need of temporary drivers.
With Transplace now in the fold, Uber Freight’s revenue topped $1 billion for the last three months of 2021.
In its earnings report for Q4 2021 and FY2021, Uber revealed that its delivery segment once again brought in more revenue than its core mobility business.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Its the biggest expansion yet for the company’s Uber Connect service
From relay networks to industry unicorns, FreightWaves looks at technology trends that will continue to transform supply chains into the new year.
