There was little positive in the Uber Freight portion of Uber Technologies’ fourth-quarter earnings as its revenue and bottom line continue to languish.
Earnings before interest, taxes, depreciation and amortization at the digital brokerage and TMS provider remained negative at minus $14 million and now hasn’t seen a positive number for six quarters. The last time there was black ink in Uber Freight’s EBITDA was the third quarter of 2022, when it eked out a $1 million positive EBITDA. The...
https://www.freightwaves.com/news/uber-freights-revenue-and-ebitda-still-weak