Uber Freight

Commentary: Uber getting out of “Freight” would be bad for freight

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

In late 2017, when Uber announced “Freight,” I was about to build a digital freight brokerage, one with a very different focus but in the same pool. In the 2.5 years since, I have had a front row seat for the impact – first selling against them, and now helping companies with their digital transformations.

Before everyone starts celebrating the possible demise of...

https://www.freightwaves.com/news/commentary-uber-getting-out-of-freight-would-be-bad-for-freight

Uber Freight head: API requests for market pricing up 150% during pandemic (with video)

Bill Driegert believes that the coronavirus pandemic is accelerating an irreversible digitization of the transportation and logistics industry, and that shipper behavior, technology adoption and network design will enter a “new normal” after the crisis.

Tuesday afternoon, Driegert, Uber Freight’s co-founder and head of operations, appeared on FreightWavesTV during a wide-ranging coronavirus update for the transportation and logistics industry.

“It’s a once-in-a-lifetime event that has been...

https://www.freightwaves.com/news/uber-freight-head-api-requests-for-market-pricing-up-150-during-pandemic-with-video

Uber ‘re-evaluating’ non-core units like freight, WSJ reports

Uber Technologies  (NYSE: UBER) has laid off 3,000 more employees and closed 45 more offices, the Wall Street Journal reports, just after a first round of layoffs that totaled more than 3,700 employees.

CEO Dara Khosrowshahi wrote in an email to employees that Uber was “making really, really hard choices right now,” including re-evaluating non-core cashburning businesses like Uber Freight and autonomous driving. Khosrowshahi said that Uber was looking at “strategic alternatives” for its staffing...

https://s29755.pcdn.co/news/uber-re-evaluating-non-core-units-like-freight,-wsj-reports

Uber Freight’s bookings climb, but an earnings benchmark slides

Uber Freight’s gross bookings rose 55% in the first quarter, but its earnings before interest, taxes, depreciation and amortization, already negative last year, sank even further.

EBITDA for the Freight segment came in at negative $64 million, down from negative $29 million last year. In an earnings statement that offered few details or comments on the segment, Uber Technologies, the parent corporation, did note that during the quarter, more than 10,000 “relief loads of critical goods … booked...

https://s29755.pcdn.co/news/uber-freights-bookings-climb-but-an-earnings-benchmark-slides

Pricing transparency eases marketplace friction, says Uber Freight’s Bill Driegert

Every second counts in the freight industry, especially during a pandemic, said Bill Driegert, Uber Freight co-founder and head of operations.

Driegert said when freight volumes were spiking in late March because consumers were hoarding supermarket staples, Uber Freight was able to help a shipper set up an application programming interface (API).

“As the market was surging, we had one enterprise shipper who reached out to get an API set up; we were able to get the shipper set up in four hours,...

https://www.freightwaves.com/news/pricing-transparency-eases-marketplace-friction-says-uber-freights-bill-driegert

Uber Freight has moved tens of thousands of touchless loads

Digital freight brokerage Uber Freight announced this morning that it has moved tens of thousands of touchless loads with no human intervention. The company termed this a “major milestone in product automation” after moving its first touchless load last fall.

These advances, an Uber Freight spokesperson made clear, involve more complex tasks than pricing and matching, including appointment scheduling and award and document management. Uber Technologies (NYSE: UBER) will announce its first...

https://s29755.pcdn.co/news/uber-freight-has-moved-tens-of-thousands-of-touchless-loads

CloudTrucks, Uber Freight, COOP by Ryder team up on rideshare driver pilot

Virtual trucking carrier CloudTrucks has teamed up with Uber Freight and COOP by Ryder to help qualifying Uber rideshare drivers break into the freight industry.

The partnership, launched three weeks ago, comes as the COVID-19 pandemic has decimated Uber’s rideshare business, putting thousands of drivers out of work. The coronavirus lockdowns have also led to a surge in demand for essential items like food and medical supplies.

“Truck drivers are the backbone of our economy, and communities are...

https://s29755.pcdn.co/news/cloudtrucks,-uber-freight,-coop-by-ryder-team-up-on-rideshare-driver-pilot

Digital logistics platforms need to take care when classifying their services

Digital logistics platforms must pay greater attention to classifying their business offering, so as to be better prepared for any litigation.
Stefanie Roose and Barbara Wilbrink, of Dutch legal firm AKD, believe the rising number of online platforms has stirred questions around what they actually do.
“It is relevant to consider the legal position of such platforms and establish whether they act as freight forwarders or carriers,” they said.
“As this may have …

The post Digital logistics...

https://theloadstar.com/digital-logistics-platforms-need-to-take-care-when-classifying-their-services/

Uber Freight launches in Europe

Announcement of Port of Rotterdam: 

Since launching in the U.S. two years ago, Uber Freight has worked to revitalize the trucking industry and bring new opportunities to the entire logistics ecosystem. The Uber Freight app connects trucking companies of any size with loads to haul, giving drivers upfront pricing, fast payment and the ability to book a load with the touch of a button. Uber Freight also unlocks opportunity for shippers, providing access to a vast network of reliable carriers as...

https://container-news.com/uber-freight-launches-europe/

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