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Uber Invests $200 Million to Expand Freight Trucking – Supply Chain 247 – By 24/7 Staff

By / 2020-09-13

Uber & Uber Freight Investment As reported by The Verge, Uber will invest $200 million and hire thousands of engineers to bolster its two-year-old long-haul trucking venture, Uber Freight, the company announced today. It’s a huge vote of confidence in Uber’s growing freight division, even as Uber’s overall business continues to hemorrhage billions of dollars every …

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New funding helps fuel Convoy’s growth, but focus remains on core mission – FreightWaves – Brian Straight

By / 2020-09-13

Company remains committed to providing quality service to help small carriers thrive One of the early entries in the so-called and really misnamed “Uber for trucking” movement, Convoy found immediate backers with the likes of Jeff Bezos, Marc Benioff and Henry Kravis when it launched in 2015. Since then, hundreds of companies have tried to …

New funding helps fuel Convoy’s growth, but focus remains on core mission – FreightWaves – Brian Straight Read More »

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