More EBITDA losses at Uber Freight but Ron touts brokerage-TMS integration

Capt. John

The EBITDA losses keep piling up quarter after quarter at Uber Freight, but President Lior Ron offered nothing but optimism in an earnings preview interview, saying the integration between the legacy digital brokerage with Transplace is mostly complete and its future is looking up.

Uber Freight’s earnings before interest, taxes, depreciation and amortization for the first quarter, released Wednesday as part of the parent company’s (NYSE: UBER) earnings report, showed a loss of $21 million. That...

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