Day: May 7, 2020

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

Article written by Noi Mahoney The Uberization of freight involves reliability, flexibility and transparency, Uber Freight officials said. 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, …

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

Article written by John Kingston 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 …

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Transportation Analytics Helped a Transportation and Logistics Service Provider to Improve Profit Margins by 3%

Get in touch with Quantzig’s analytics experts for comprehensive insights LONDON–(BUSINESS WIRE)–Quantzig, a global data analytics and advisory firm, that delivers actionable analytics solutions to resolve complex business problems has announced the completion of its recent engagement which examines the role of transportation analytics in the transportation and logistics industry. This success story offers comprehensive insights …

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New Dashboard Monitors the Commercial Transportation Industry’s Road to COVID-19 Recovery

TORONTO–(BUSINESS WIRE)–Geotab, a global leader in IoT and connected transportation, today announced the launch of its Commercial Transportation Recovery Dashboard. Leveraging aggregated and anonymized data processed from more than 2 million Geotab connected vehicles globally, the dashboard helps to depict the current state of COVID-19 recovery and helps visualize impact on commercial transportation and trade activity. …

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