Uber Technologies, Inc. and Greenbriar Equity Group, L.P., a New York-based investment firm and one of the leading investors in the logistics space, announced an investor group led by Greenbriar has committed to invest $500 million in a Series A...
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October 05, 2020, 07:22 AM
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Uber Technologies Inc. announced Wednesday it is entering the trailer leasing business. The business, called Powerloop, will be a part of Uber Freight, which connects truckers with shippers, the company said on its official blog site.
Powerloop will...
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October 19, 2018, 07:30 AM
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Ride-hailing company Uber announced Nelson J. Chai has been named Chief Financial Officer.Chai brings more than a decade of experience in senior positions at some of the world’s leading publicly traded financial services and insurance companies. He...
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August 22, 2018, 07:30 AM
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Billionaire philanthropist Bill Gates has joined a group of big name investors who hope to give Uber a run for its money in the emerging market for on-demand freight-sharing.The software pioneer recently joined a group of financers that includes...
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July 28, 2017, 07:19 AM
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According to a report from Heavy Duty Trucking (HDT), Uber has officially launched Uber Freight, an app that matches trucking companies with loads to be hauled. As reported by HDT, Uber is launching a load-matching app that it believes will make...
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May 19, 2017, 07:31 AM
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LeasePlan and Uber will expand their current cooperation in Portugal, France and the Netherlands to a pan-European level. The companies have signed a Memorandum of Understanding stating that LeasePlan will make available a full operational leasing...
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March 30, 2017, 07:09 AM
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Reuters reported that Uber Technologies is plotting its entry into the long-haul trucking business with its recent acquisition of self-driving truck startup, Otto.According to the exclusive Reuters report, the company is aiming to establish itself as...
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September 29, 2016, 07:18 AM
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Trucking Info reported on-demand trucking service Convoy has officially launched after it raised $2.5 million in seed funding from an investment group that included Amazon founder Jeff Bezos and other high-profile investors.According to the Trucking...
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October 29, 2015, 07:18 AM
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The arrival of Uber for trucking or mobile-based freight brokering is ushering in a new era in the North American trucking and freight logistics market. Currently, inefficiency plagues the freight movement and logistics market, with approximately 20...
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October 28, 2015, 07:26 AM
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Reuters reported Uber Technologies has launched its own auto leasing subsidiary in an effort to sign up more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time.According to the...
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July 30, 2015, 07:23 AM
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